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The idea is to provide protection for incubating a local industry in what's deemed a key strategic sector. But that's not the best way to do it. See what the Jo
by echelon 2mo ago
The idea is to provide protection for incubating a local industry in what's deemed a key strategic sector. But that's not the best way to do it. See what the Jones Act did to US shipbuilding.
We should make foreign companies manufacture here, just like China did. It also works as a jobs program and builds up and industrial base and skill, as we've seen with the Japanese automotive sector.
- OutOfHere 2mo agoThe idea is more nefarious than it. Domestic firms install tracking and backdoors usable by the US government, whereas foreign firms won't.