121–130 of 314 posts
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If everybody thinks you’re biased, you’re probably not biased at all.
Look at how the BBC reports on the Middle East and tell me you agree with it.
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the US and china are basically the same size geographically though? and the US federally owns tons of land it can create manufacturing cities out of
> and the US federally owns tons of land it can create manufacturing cities out of Ok, being generous and accepting your point at face value .... What about the people staffing those manufacturing cities ? Is the state creating them too ? I seem to recall reading somewhere that – at most – the US could "find" 200,000 people for new manufacturing plants. Sounds about right to me, no ? I think even with a generous mind…
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> and the US federally owns tons of land it can create manufacturing cities out of Ok, being generous and accepting your point at face value .... What about the people staffing those manufacturing cities ? Is the state creating them too ? I seem to recall reading somewhere that – at most – the US could "find" 200,000 people for new manufacturing plants. Sounds about right to me, no ? I think even with a generous mind…
The US labor force participation rate is currently at a relatively low level. There is plenty of surplus labor available with the right economic incentives. https://fred.stlouisfed.org/series/CIVPART
Instead the “Economic incentives” go to the Chinese owners who then learn that Americans are not interested in working in a sweatshop and instead rely on third parties to supply them with illegal workers and engage in white collar crime.
I’m suspicious of “re-industrialization” pushes because everywhere I’ve ever lived it’s resulted in at best a foreign company given massive tax breaks to create a few hundred low paid button pusher jobs and maybe a handful of better paying technician jobs.
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The US labor force participation rate is currently at a relatively low level. There is plenty of surplus labor available with the right economic incentives. https://fred.stlouisfed.org/series/CIVPART
Isn't that just due to people retiring? https://fred.stlouisfed.org/series/LNS11300060
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what a bizarre article, completely disconnected from reality. in what world is manufacturing, a sector that has been neglected for decades at this point, having any sway on politics in Britain. why does The Economist have so much disdain of manufacturing and people who work in it? look at China, look at their manufacturing industry and what they are able to do with it. then look at the UK, who is struggling to build…
The Economist is a mouthpiece for the money power, specifically the banking interests of the Rothschild and Cadbury families. The idea of making money by making things (as opposed to arbitrage) is anathema to them.
https://en.wikipedia.org/wiki/Editorial_stance_of_The_Econom...
They're pro free trade against government intervention. That's not the same as "making things ... is anathema to them". They're for planning reform in uk, to help build infrastructure and homes, for instance.
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The Economist is a mouthpiece for the money power, specifically the banking interests of the Rothschild and Cadbury families. The idea of making money by making things (as opposed to arbitrage) is anathema to them.
>The idea of making money by making things (as opposed to arbitrage) is anathema to them. https://en.wikipedia.org/wiki/Editorial_stance_of_The_Econom... They're pro free trade against government intervention. That's not the same as "making things ... is anathema to them". They're for planning reform in uk, to help build infrastructure and homes, for instance.
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Isn't that just due to people retiring? https://fred.stlouisfed.org/series/LNS11300060
No, the labor force metrics only include people of working age.
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Do you have that the wrong way round? In the UK, you go to bbc.co.uk (and bbc.com redirects to bbc.co.uk). From memory, in the US you get pushed to bbc.com.
I mean that, for example the link here is to bbc.com, and it does not recirect me to bbc.co.uk
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If there is a large war, those countries will prioritize domestic consumption and the UK will immediately stop being able to produce weapons. Domestic steel production is an essential element of being sovereign, as opposed to being the handpuppet of a larger power (like the US).
Really? There is a large war going on right now and the key material is chips. Drone don't use a lot of steel, neither do missiles or modern airplanes. Yes you need artillery and particularly shells. But you are so much more limited by the capacity of your munition factories that how much steel you have would not be an issue. One of the main things you would need for a new munitions factory is trained workers. The Wo…