Earlier quoted context omitted.
I think your last paragraph is very much missed by trump and his team.
I'm curious what your thinking is behind this. Ok, maybe you're a believer in the Trump's an idiot meme, fine, but do you actually think not a single person on Trump's trade team understands that trade wars are a high risk undertaking, that it might not be a complete cakewalk? Take Robert Lighthizer for example: https://www.politico.com/story/2018/05/22/china-japan-lighth... https://www.cnbc.com/2019/06/18/watch-robe…
Trade War Has Damaged U.S. Chip Industry
101–110 of 223 posts
Re: Trade War Has Damaged U.S. Chip Industry
#102Earlier quoted context omitted.
The Republican and Democratic parties did a flip around the turn of the 20th century. What's happened since the 1960s is more that the Republican party has been charging madly off into the far right (and, in some cases, simply into looney-land), while the Democratic party has shuffled nervously rightward after them. You'll note that it's far from true now to say that the Republicans are doing much of anything that th…
I think an argument could be made that Republicans, or at least conservatives, have now become the defenders of free speech while "the left" seems not just comfortable with but intent on increasing censorship, at least certain kinds. I will note that this isn't a complete slam dunk of an argument, I would say the left in the 60's was motivated more by the general principle of free speech, whereas I would say the righ…
In other words, protecting freedom of expression by politely tolerating hate speech has the effect of making the targets of hate speech less free to express themselves in practice. Like a heckler's veto, the presence of hate speech dissuades minorities and the less powerful from engaging at all. It's not freedom from being offended that the left wants, it's a less corrosive public sphere that doesn't demand that the weak struggle through a painful headwind in order to be heard at all.
Having a extremism-based standard for measuring freedom of expression creates a requirement that participants tolerate the material harm of extremist expression. The left wants to shift the standard of measurement to tolerating more speakers of different kinds, rather than more subjects of varying extremism. The left still believes in maximizing freedom of expression, they just recognize that there are different metrics that may apply.
Re: Trade War Has Damaged U.S. Chip Industry
#103Earlier quoted context omitted.
I am not so sure about that. These are graphs for steel production in the US: https://tradingeconomics.com/united-states/steel-production Looking at 5 years or more there doesn't seem to be such big increase in steel production. And coal is in decline: https://tradingeconomics.com/united-states/industrial-produc... Also I read quite a few articles over the last year about closing down of coal mines, mainly in PA and…
The US steel industry is in better economic shape now than it has been in decades. Nucor is nearly worth more than ArcelorMittal and earned more last quarter than ArcelorMittal did. Unthinkable just a few years ago. Nucor's sales jumped from $16b to $25b in two years up through fiscal 2018. Net income jumped from $80m in 2015, to $2.3 billion in 2018 (operating income went from $654m to $3.3b). US Steel Corporation s…
Re: Trade War Has Damaged U.S. Chip Industry
#104Earlier quoted context omitted.
I think your last paragraph is very much missed by trump and his team.
I'm curious what your thinking is behind this. Ok, maybe you're a believer in the Trump's an idiot meme, fine, but do you actually think not a single person on Trump's trade team understands that trade wars are a high risk undertaking, that it might not be a complete cakewalk? Take Robert Lighthizer for example: https://www.politico.com/story/2018/05/22/china-japan-lighth... https://www.cnbc.com/2019/06/18/watch-robe…
This is the problem with the Lighthizer / Ross / general Trump admin for some people. People who have respect for expert / "established opinion" are gonna look at how these people act and call them idiots. And it's not a meme -- it's because people who respect experts are often experts in their own kind in other fields, and they've seen this behavior before, and hint -- it's come from the idiots.
Re: Trade War Has Damaged U.S. Chip Industry
#105This is the thing that economists have been pointing out for decades: at the country scale, allowing free trade provides productivity benefits to both sides, and restricting it affects both sides. You can't have a trade war without domestic casualties. What's crazier is that the strategy of economically integrating China with the world was a Rebublican economic-liberal one to start with. The plan was to make the rest…
> What's crazier is that the strategy of economically integrating China with the world was a Rebublican economic-liberal one to start with. Why is that crazy? Economic-liberals in the US have mostly been Republicans historically.
Re: Trade War Has Damaged U.S. Chip Industry
#106Earlier quoted context omitted.
Yeah, but it's not ironic. Parties are fluid organizations, not internally coherent philosophies. And even if they were, people are allowed to rethink their ideas.
I know what you are trying to say, but IMO that's practically the definition of irony. > Economic-liberals in the US have mostly been Republicans historically. > people are allowed to rethink their ideas. Of course people can change their minds and opinions. But that's what is ironic and funny - to completely change your long time historical behaviour.
Re: Trade War Has Damaged U.S. Chip Industry
#107Earlier quoted context omitted.
I'm curious what your thinking is behind this. Ok, maybe you're a believer in the Trump's an idiot meme, fine, but do you actually think not a single person on Trump's trade team understands that trade wars are a high risk undertaking, that it might not be a complete cakewalk? Take Robert Lighthizer for example: https://www.politico.com/story/2018/05/22/china-japan-lighth... https://www.cnbc.com/2019/06/18/watch-robe…
I am curious how you justify your position by looking at few members of the team. Trade is a complex issue and Trump single handedly is jeopardizing this sensitive topic by openly declaring trade wars with multiple nations in open platform like Twitter. Where were those members when that was and is still happening?
Also, assuming that Trump doesn't utilize advisers seems to be willful ignorance. Trump studies a topic in depth before making a decision, and he very much listens to experts in that study.
Re: Trade War Has Damaged U.S. Chip Industry
#108This is the thing that economists have been pointing out for decades: at the country scale, allowing free trade provides productivity benefits to both sides, and restricting it affects both sides. You can't have a trade war without domestic casualties. What's crazier is that the strategy of economically integrating China with the world was a Rebublican economic-liberal one to start with. The plan was to make the rest…
It's just like two people marry together for different intentions, just too hard to yield something good out of it to begin with.
Re: Trade War Has Damaged U.S. Chip Industry
#109Re: Trade War Has Damaged U.S. Chip Industry
#110Well you dont get to be the sole superpower in the world by competing against healthy opponents with natural advantages. The reality is Americans are not so competitive, let's say, against other hungrier demographics. It's really in America's best interest to cripple the Chinese economy, as well as other big competitors cough EU which is where these policies are coming from. Otherwise you cant win against a relativel…
No, it is not in America's best interest to cripple the economies of its trading partners. That's absolutely absurd.