4 ms·
This list will be decried as excessive regulation, and we know which party will claim this. And in the name of profits and jobs, that list will get cut below th
by cmurf 7y ago
This list will be decried as excessive regulation, and we know which party will claim this. And in the name of profits and jobs, that list will get cut below the bare minimum once they have the votes to do so. It's not a majoritarian democracy, rather it's a system still biased toward landed elite, same as since the founding days, today these are corporations.
Not even one minute after a pandemic, they will restate their position as: the disaster just happened thus can be ignored as impossible to happen again in our next two lifetimes, do you want to be the one to cost jobs and profits with your wild speculation?! You are leaving money on the table with your fantasies!
- tracker1 7y agoI don't think that most, today, would see a requirement like dual sourcing + at least 50% domestic production for all medical equipment, devices and prescription medications would be excessive. It's about security and always has been. For that matter, I think similar requirements for all communications equipment, and this would include computers, cell phones and mobile devices would not be out of line as well at this point. Most of this crap happened roughly a century ago, including collapsed markets more than once. The above limitations as well as putting US banking closer to post-depression and canadian requirements would be a good idea as well. I'm very libertarian leaning... that said, I'm pragmatic, there's definitely room for having restrictions in place in leiu of the limited liability given to corporations. It's supposed to be a trade-off, not a give away.
- makomk 7y agoFor the past decade or so, the Republicans have generally been the ones who've worried about America's industries being offshored to China and the Democrats have been the ones who've downplayed those concerns as xenophobic nationalism from people who're stuck in the 50s. I've no doubt there'll be an attempt to rewrite history on this, but insofar as this has been a partisan divide it's been the other way around.
- cmurf 7y agoIt's nonsense to say Republicans worry about offshoring. They consistently oppose amendments and bills trying to stop it. They consistently support tax policies that incentivize it. https://aflcio.org/2017/11/8/republicans-defeat-stop-outsourcing-american-jobs-amendment https://aflcio.org/2017/11/8/republicans-defeat-stop-outsour... https://thehill.com/blogs/congress-blog/economy-budget/396288-the-gop-tax-bill-rewards-offshoring-heres-what-we-can-do https://thehill.com/blogs/congress-blog/economy-budget/39628... Republicans have been pro-global free trade for decades, until Donald Trump won the presidency on a protectionist platform. Republicans in Congress were opposed to Trump's tariffs before rolling over and at least not fighting him on them. But as most of their campaign contributions come from pro-global free trade and not domestic labor, they still consistently oppose amendments trying to reign in offshoring. Their "worry" is only that they'd get caught having a public message that's different than their actual votes on legislation. The Democratic party, for decades, have been pro-labor and pro-union platform. And it's fair to say in the past decade they are split between moderate free trade and weak support of domestic labor and unions. This weakness no doubt cost them votes in 2016.