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If you take away tech then the US looks just as sick as Europe.
by tonyedgecombe 11mo ago
If you take away tech then the US looks just as sick as Europe.
- andsoitis 11mo ago> If you take away tech why would you do that?
- tonyedgecombe 11mo agoBecause most people don't work for those big tech companies.
- immibis 11mo agoSame reason anyone removes outliers from any analysis. The average person eats zero spiders per year, if we don't count Spiders Georg. He is not an average person. We count him separately from the average people. The USA is sick. It's just lucky to have a tech bubble that counteracts its sickness. By analysing minus the tech bubble, we can see that tech is the only thing holding the economy above water.
- ben_w 11mo agoFor measurement? Because they're so big they drag the mean up. It's like, people sometimes say the USA can't have good public transport because its big and empty, but if Alaska and Nevada stopped being part of the USA the official population density would increase despite nobody getting closer. As a fact, to cause their removal from the economy and not just modify reporting to understand the economy better? 1. Dutch disease. 2. They might choose to take themselves out of the USA if they decide they're big enough to be able to choose not to submit to US laws, just like some have relocated from CA to TX. 3. There's potential for US or non-US courts to demand breakup or limitations on economic rent extraction (e.g. App Store fees) for monopoly/market abuse reasons. And to stop them getting so big that #2 is possible. Cyberpunk may appeal to some business leaders, but I don't think any politicians like it.