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So you'd be better-off if SpaceX and Google were Chinese companies? Also, a lot of the wealth from the tech industry does spill over to the larger community. Y
by ertian 1y ago
So you'd be better-off if SpaceX and Google were Chinese companies?
Also, a lot of the wealth from the tech industry does spill over to the larger community. You're strictly better off having it. If the US had just stuck with their 1970s economy on the theory that any new industries wouldn't distribute their benefits equally, it would be vastly smaller, less powerful and less wealthy. Surely that's obvious?
- confidantlake 1y agoAh the famous trickle down rebranded as "spill over".
- ertian 1y ago"Trickle-down" has become a thought-terminating cliche. Of course your country is better off if you have successful companies and high-income jobs.