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Buying domestic is "inefficient" in the same way that buying insurance is "inefficient". I would expect the pandemic to have reinforced the lesson that when thi
by AbrahamParangi 5y ago
Buying domestic is "inefficient" in the same way that buying insurance is "inefficient". I would expect the pandemic to have reinforced the lesson that when things go to hell, you need to have domestic industrial capacity.
- ddingus 5y agoThe people who need to internalize that lesson will not generally be impacted enough. This is likely to result in growing unrest among the people who are both impacted and increasingly done with that kind of leadership.
- handrous 5y agoI hesitate to even bring him up, but Trump's overt rejection of the neo-liberal trade policy consensus that's been embraced by the leaders of both parties since Reagan, is a highly underrated component of his appeal. (for the record, no, I don't like the guy, but I think his campaigns and his platform, such as it was, are fascinating and that over-simplifying the story of how he got elected & why people voted for him is a dangerous trap)
- ddingus 5y agoYes, this is bigger than Trump. Been happening for decades on now. Honestly, Trump bumbled around and made a lot more obvious to more people. In addition to just being Trump. I can tell you a lot of people went for Trump, 70 million total this last time, precisely because they saw Trump as not being part of that order. Fascinating indeed!
- howmayiannoyyou 5y agoInefficient over what timeline? Medium term inefficiencies are nothing in the face of supply chain imbalances that leave a democratic country at the mercy of the CCP's now belligerent & long oppressive regime.