π₯π¦π Trump Drops the Hammer on Big Pharma β MASSIVE Tariffs Incoming! (VIDEO) π₯π¦π
(www.thegatewaypundit.com)
π§Mental/Physical Health ππΌββοΈ
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Nicely written!
I completely agree on buying things of value that last a long time.
As for the labor and rates... There is no doubt it is cheap labor, but something seems fishy to me about it all. With automation and technology, I just don't think there are little Chinese people sitting on stools hand stitching Nikes. I picture a fully automated, mechanized system doing almost everything. Same with textiles. Lots of tech and automation. Maybe they have to lace the shoes by hand, I don't know.
As for pharmaceuticals, maybe Puerto Rico can become the pharmaceutical supplier we need. Cheap labor, American territory, close to home.
There seems to be little industry there except for massive corruption. Maybe that's why it wouldn't work. But from geography and labor rates, I would think there is a chance.
I just went to check on Puerto Rico wages and incomes and found out that in 2021 they passed their own minimum wage laws.
The Federal minimum wage in the US is $7.25 an hour. Since last year, the minimum wage laws in Puerto Rico is $10.50 an hour
So it would cost more to set up manufacturing there than in most states.
I was pretty surprised to see that.
Thanks for that research. I find that surprising too.
There goes my grand plan. LOL
You'd be surprised to see how much human labor is required to make shoes and such.
You can go to YouTube and do a search for something along the lines of "How shoes are made" or something similar.
Puerto Rico, while being a territory and not a state, is still required to to obey wage laws, such as minimum wages. It wouldn't be any different than setting up manufacturing in one of our poor states, like Mississippi, Louisiana, Alabama, Arkansas, Kentucky etc...
I found this one that's supposedly shows people making Nike shoes. Not completely convinced on the validity of that, but shows even more human involvement in the process.
https://youtube.com/shorts/qdcRpY1QIYA?si=N0nSKqg3IrC1G216
I thought I'd save you some time and see if I could find a short video on how shoes are made.
It's not a comprehensive video by any means, but it shows how much human labor is involved, even with a huge amount of machinery.
https://youtu.be/D1eQZTsd3fg?si=CSE2IaKoRaJsf85r