471–480 of 1001 posts
Missing reason #15: commercial lenders with a brain realize that these tariffs and this self-imposed domestic crisis will dissipate in the next ~6 years. Nobody's going to lend in this market to try to spin up a new greenfield project in the US that will take years to get operational when they can sit and ride it out - ESPECIALLY at these interest rates.
There are plenty of people saying these tariffs will not work. But a person used to be able to graduate high school and get a job that could support a house with a yard, a car, a non-working spouse and children. How we get that level of prosperity back? That's the people really want. Tariffs are simply a means to that end. I wish people would stop writing articles about 100% criticizing tariffs and instead write arti…
It’s so simple it hurts. Stop the ruling class hoarding all the wealth.
Top tax bracket used to be 94%.
Have a VERY steep wealth tax, an inheritance tax and whatever else is needed. The fact individuals exist with many hundreds of millions of dollars while so many in the same society are struggling so bad is a disgrace.
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> Other than that it seems to be mostly good points, especially the overall one: you cannot do this overnight. It's annoying Americans were given only two choices - offshoring is great and let's keep doing it, and, as you say, the opposite, meth-fueled let's bring back manufacturing overnight. The kind of slow and steady protection and promotion of home-grown industry that China and most of Asia so successfully used…
I find it annoying that you think the other choice was “offshoring is great.” Spending on US factory construction surged under Biden. This was largely due to stuff like the IRA and the CHIPS Act. If voters had made different choices in November 2024, in Congress as well as the Presidency, I think we could have had even more aggressive industrial policy — instead of this absolute shitshow that will permanently damage…
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> Other than that it seems to be mostly good points, especially the overall one: you cannot do this overnight. It's annoying Americans were given only two choices - offshoring is great and let's keep doing it, and, as you say, the opposite, meth-fueled let's bring back manufacturing overnight. The kind of slow and steady protection and promotion of home-grown industry that China and most of Asia so successfully used…
The candidate who opposed Trump during the primaries would have done something very similar to what you said. But then she was born with ovaries so the Republican Party wanted nothing to do with her as the top boss.
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Isn't the point of capitalism to not have a plan and let the market figure it out?
The point of Capitalism is Marx needed a straw man to tear down. The world has never seen what he envisioned. What you might call capitalists very much plan. They don't believe in central planning where one "guy" makes a plans and everyone else implements them, but they do plan.
The other day I saw the results of a poll [1] where 80% of Americans thought the *country* would be better off if more Americans worked in factories. However, only 20% of Americans thought that *they* would be better off if more Americans worked in factories. It was surprisingly bipartisan. In other words, people like the idea of this, but no one actually wants this. [1] https://www.ft.com/content/845917ed-41a5-449f-…
> China generates over twice as much electricity per person today as the United States. Why? This appears to be completely wrong? All the stats I can find say that the US has about 4x the per capita electricity generation of China. Other than that it seems to be mostly good points, especially the overall one: you cannot do this overnight. > If you’re building a new factory in the United States, your investment will a…
> Other than that it seems to be mostly good points, especially the overall one: you cannot do this overnight. It's annoying Americans were given only two choices - offshoring is great and let's keep doing it, and, as you say, the opposite, meth-fueled let's bring back manufacturing overnight. The kind of slow and steady protection and promotion of home-grown industry that China and most of Asia so successfully used…
There were a lot of slower manufacturing on-shoring incentives during the Biden administration that would have presumably continued under the Harris administration. Mainly around green energy and electric vehicle manufacturing incentives - which have successfully resulted in new auto, battery, and supply chain factories being built mostly in red states - and semiconductor manufacturing. The Biden administration also maintained and increased tariffs on specific types of products coming from China including EVs.
So I don't think your categorization of the two choices Americans were given is quite accurate.
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At UC Berkeley, over 75% of faculty applicants were rejected solely based on reviewing their diversity statements: https://thehill.com/opinion/education/480603-what-is-uc-davi... Rather conspicuously, Asians had the highest rate of rejection, followed by whites. Latin applicants had the second highest pass rate, Black applicants had the highest. The diversity statements were not anonymized (as in, the reviewers could…
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Of course. The point of this kind of propaganda is to have you reacting so negatively and emotionally that you don't examine the claims calmly and rationally. Emotions > facts. If no-one appalled, then it isn't doing its job.
I don't think it's realistic to bring manufacturing back, so to speak. Are the words being taken literally here? Does this truly mean Orange Man wants to bring all manufacturing back to the United States, or do we want to weaken our largest competitor and buy those cheap products in other countries who are less of a threat, speaking in terms of their technological advancement and economical trajectory?