Earlier quoted context omitted.
What I mean is that the ability of the domestic economy to produce, with automation, is constrained mainly by demand and raw materials. Producing plastic toys would not make a dent in the productive capacity of the US and in fact would increase it by bringing the supply chain and expertise back to the US. This is obvious to anyone who hasn't had the misfortune of studying economics or listening to people who have. (I…
> But of course, as I'm sure you recognize.. I do not. When you say, “what I mean is economic capacity is constrained by demand and raw materials” - that’s a significant deviation from your claim that economic capacity is infinite which is why I asked you about it. I’m not a mind reader. But even this claim makes no sense with your toy factory example. Building such a factory consumes no land, no construction workers…
Re: The Future, Made in China
#111lol yeah ok man