$210 T in liabilities is bad, but (a) it's not truly unfunded - it's future expenditures that will be paid with future tax revenue (b) has nothing to do w Chinese imports; US decision to give lavish benefits is entirely distinct https://twitter.com/GenAugustoP/status/982245341469667330 …
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Also, a very large percentage of the laid off factory workers is not bc of Chinese competition, but bc of CNC machines, injection molding machines, warehouse robots, word processors replacing secretaries and 10 guys in the print department, etc.
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The fact a lot of the jobs running those machines are overseas now.
End of conversation
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