4 ms·
It’s pretty wild to me that if a US political party were to genuinely try to and implement a degrowth policy this would be a very good start. Increased uncertai
by roxolotl 1y ago
It’s pretty wild to me that if a US political party were to genuinely try to and implement a degrowth policy this would be a very good start. Increased uncertainty to cause pullback in corporate investment. Large tariffs to reduce consumption and shorten supply chains. Major reductions in government spending.
- viraptor 1y ago> this would be a very good start. It's a terrible start. Shortening of supply chains will be slow and painful because: a) why invest in local production if the tariffs may be scrapped next week? b) where to get money if building a new factory is hit by the same tariffs? The gov spending is increasing, not getting reduced. The consumption will be lower though. A good start would've been: the tariffs start increasing today, reaching full force in 5 years, not affecting (stuff most needed for factories), with plan guaranteed not to change over the next N years.