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They are right on that. What they are wrong is when they decided that is a good thing. Not every kind of "bringing manufacturing back" brings the same kind of
by marcosdumay 7mo ago
They are right on that. What they are wrong is when they decided that is a good thing.
Not every kind of "bringing manufacturing back" brings the same kind of wealth and quality of life.
- fmbb 7mo agoWealth is relative. And the Heritage Foundation is not in the business of improving quality of life for everyone, or even the average American.
- marcosdumay 7mo agoIt's not the optimal course for most billionaires either. Maybe it is for a few of them.
- fmbb 7mo agoI mean ”optimal” is not well defined. It is not great for the economy or societal stability and if wealth is more and more unevenly distributed. But the wealthy benefit in the short term by gaining power in society.
- marcosdumay 7mo agoOk, "optimal" may be the wrong word. Most billionaires will lose both money and power on the timeframe of a couple of years due to the destruction of the value of the dollar. Even internally to the US. Some may gain both. Someone will probably gain both, and the odds are good some billionaires are included.