> Sure, I went on to address exactly why that is. US labor is expensive, because our currency has been continually hollowed out by the deliberate government policy that prices must always go up, despite continual technological and economic progress trying to make things less expensive.
Sorry, what policy is that? Are you talking about how the Federal Reserve targets 2% inflation? Every country does that. It's important that nominal prices increase. Otherwise, people just old on to their money and the economy slows down. If that's not the government policy you're talking about, or if you have an example of a country without inflation targets, I would like to see it.
> Also I would be surprised if relatively small runs of long lasting municipal fixtures could be "stamped out from sheet metal". This seems to be a bias towards disposable consumer crap talking.
Sheet metal is an amazing material. It lets a company focus on producing a high quality steel without worrying about how every consumer downstream will consume it. It also allows for highly efficient shape forming and stamping. The fins on the garbage can almost certain come from sheet metal. Airplanes and cars are made with sheet metal. It's probably one of the most important materials in modern manufacturing.