Maga will eventually consume itself and it will end. We'll spend the next 20 years rebuilding. That generation, will have the first chance to set us on a better path, becuase the path we are on now is fixed for the time being, and its not progressive or forward thinging in any way.
Since Jan 2nd I am thinking MAGA will be less talking and more doing, up to turning USA into a dictatorship. (Doing things like attacking Venezuela for no reason and providing immunity for ICE agents who murder American citizens)
And yet American business leaders are placing bets measured in the tens of billions dollars that don’t pay out for a decade or more.
The problem is that American industrial policy is based on quarterly earnings and not long term health of the republic as a whole. Biden's IRA program was effectively a step in the right direction but has been erased. We need our economic incentives to be aligned with long term growth and prosperity for all, not just wealth for those at the top of the dog pile.
I think it's even worse than that, the country's industrial policy is based on emotional appeal to the past. Gas cars, coal mines, etc etc, they are as much cultural touchpoints as they are economic factors.
Isn't that asking for more TSLAs? I don't mean Tesla the company. I mean TSLA the stock. People hold it because they want to bet long on the future.
multiple steps to get goods near a ship in a warehouse, prepared for the ship, manually loaded and packed, and more nonsense became just: drive the containers to the dock and load them when the ship showed up.
Democrats should avoid policies that promote central control and increases in national level regulations. They should specifically avoid subsidies and encourage private funding.
Republicans should ease off reactionary politics, and work to remove subsidies for entrenched oil/coal/hydrocarbon producers (but only where the cases where the oil is burned, one of the most ridiculous ways to use a resource).
Both sides should agree on removing subsidies for their respective "favorites" as a de-escalation and act of good faith.
All players should encourage nuclear within the above framework, as this is a potential win-win situation for all sides: reduces carbon emissions, promotes domestic industry, and many others.
Subsidies are the least corrupt way for the government to “encourage something”.
Your comment essentially boils down to “both Dems and Repubs are bad because they support something I don’t”.
As for the title, we already are going to fall behind, the only question is how far are we going to allow ourselves to fall behind before we change our economic policies. Or alternatively, how far can we fall behind before American hegemony becomes impotent and can be completely ignored by the rest of the world?
Unfortunately I think we may just keep blindly worshiping all the worst aspects of capitalism until complete collapse. Gen Y and Z may have changing thoughts about it, but im not sure it will add up enough to change the geriatric political landscape for another 2 decades, by which time the US will have lost all its leverage to do anything but dog everyone else's footsteps trying to pick up scraps.
