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Joined 2 years ago
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Cake day: July 9th, 2023

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  • You’re missing the point. That didn’t happen overnight. We gradually built supply chains in Asia to our own detriment over decades.

    Sure there needs to be some sort of market or policy change if we want it to be economically plausible to bring more of it back, but then it will take decades to build out.

    And there won’t be millions of unionized blue collar jobs as it will be all automated. Automation has done more to erode those jobs than outsourcing, and that genie is not going back in the bottle.



  • That’s what people keep forgetting: this is not new. It took us decades to offshore our supply chains, decades to move out low profit manufacturing. Now it’s gone. Long gone with few remnants, and we need to start over. It will take time and investment, incentive and support, and can only be done with an actual strategy and sticking with it. For decades…

    Maybe a factory can be built in a couple years, but a supply chain is many factories building different things, supported by resource acquisition that’s different from what we currently do. A supply chain is decades


  • What made those jobs available was economic opportunity, investment, building a greater whole over time. You don’t win a game of checkers by knocking over the board or a race to the bottom to become the next third world poverty labor. You win with a focussed strategy to push one checker to the other side and “king” it.

    Biden was taking the right approach with the chips act , infrastructure spending, and renewable energy investments. Maybe it wasn’t flashy or loud or immediate, but would have actually built a dominant position in new technologies, including us supply chain and lots of us jobs. The biggest flaw was we needed to stick to the plan for a decade or two, but that’s what you gotta do.


  • the government doesn’t need to match spending with revenue.

    Governments can spend at a deficit, but there’s a limit to how much debt they can accumulate. Other countries have found that out. US was in a special position in the economy as the largest economy, a strong position in international trade and a lot of dollar investment or dollar based trading. We could get away it’s more, but at some point it still hits a limit and falls apart.

    We’re already at a point where debt payments are one of the biggest pieces of the federal budget, blocking out better uses for that money. We keep stealing from the future and eventually we’ll get there to find everything gone.

    And that’s before you have an incompetent leader destroying all that dollar influence, everything that made that special economic situation possible. We’re fucking around with that special economic position and will come out of this subject to the same deficit limits as any other country. Well find out our accumulated debt is beyond prudence for a “normal” economy and we’re no longer special enough to ignore that

    We were in a counterintuitive position where spending more money for things like infrastructure and chips act was ok because of our special economic situation plus it’s an investment in the future that should have paid off. Whereas the orange fools approach to spending less money just risks our special economic situation that lets us get away with fucking around, plus points to a future of despair: it turns into losing more money in the future



  • A combination of incentives and targeted tariffs only where necessary. For example, you might have incentives to build out EV chargers, incentives to buy EVs, “carrot and stick” to encourage legacy manufacturers to start building EVs, incentives for new EV companies, incentives for battery recycling companies …. Then come out in a dominant position for a new technology product, destined to build jobs and wealth for decades! Or you could, you know, throw that all away and then throw money at the dead tech of half a century ago









  • Still the wrong conversation. Yes he was appropriately villainized for anticompetitive behavior running Microsoft, accumulating excessive wealth at the expense of many others, but come on ……

    I have no issues with sending $7B to Africa, but that sure seems like something the people should agree upon first,

    Just no. His philanthropy, his wealth. His choice.

    But I’m with you on inadequate taxation for the wealthy, and that we have a responsibility as a country to help the less privileged of humanity, and should not just assume someone’s personal largesse.