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3. Global pandemic making it nearly impossible for the #1 Consumer Economy to fulfill demand. And recall Globalization was championed by Bill Clinton. Donald
by balls187 3y ago
3. Global pandemic making it nearly impossible for the #1 Consumer Economy to fulfill demand.
And recall Globalization was championed by Bill Clinton.
Donald Trump pumped up Tariff’s against China.
Joe Biden pushed for chip and green subsidies.
- FrustratedMonky 3y agoI hear this a lot about Clinton, as if it is a condemnation. Seems conveniently forgotten that it was a Republican Congress, and Republican's were the ones pushing globalization, to help big business with all that cheap labor. And Clinton went along with it to be 'bipartisan'.
- libraryatnight 3y agoDo we think globalization failed? because it seems to me it's just getting rebooted from the business side. The cultural impact seems too out of the bag, railing against globalization in a Clinton context just seems like bad lens to be looking through
- whoopdedo 3y ago2019 was the icing on a cake that began baking in 2011 when a combination of earthquakes and flooding crippled supply chains.