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Yeah, I am a protectionist, for sure. Especially for industries like power generation or semiconductors that impact many other industries, and especially if th
by rossdavidh 3y ago
Yeah, I am a protectionist, for sure. Especially for industries like power generation or semiconductors that impact many other industries, and especially if the nation is in danger of losing that industry entirely, such that the skills necessary to compete in it in the future can be lost.
- westurner 3y agoIs it ever shown that the net effect of subsidy is preferable to competing at international prices? "Can’t build a decent car, can’t make a TV set or a VCR worth a f, got no steel industry left, can’t educate our young people, can’t get health care to our old people, but we can [... war euphemism]" -- George Carlin (1992) Have subsidies saved comparably inefficient [domestic manufacturing] markets, or have trade protectionist subsidies resulted in net unintended consequences when the externalities of "all you peoples' special deals" are accounted for? Are information services and financial services a viable strategy for long-term growth in GDP?