Opinion: Trump’s plan amounts to moving America back several decades. If that’s what his supporters want, they must also be content with making the nation poorer https://on.ft.com/43MB6LV
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America back in the 1970’s while the rest of the world gets on with 2025. Meanwhile, the conservatives and reform do their best to get the uk back to the 1950’s
American society must be rebuilt from the ground up. If all they manage to do is to roll back to how things were before Trump, they'll end up in the same place a couple decades in the future. Everything wrong today has roots in the times when things "worked as intended".
In 2008, Tesla almost went bankrupt if the President Obama hadn’t approved the $465 million loan to Tesla. Look at who’s attacking Obama now? Elon traitor Musk.
Why would Trump/GOP/tech calculate it is better for the United States to lead in manufacturing, than to be at the forefront of science, engineering, medicine? That is the trade-off they explicitly make
Less science, fewer healthcare breakthroughs, more….widgets?
Let other nations lead science And medicine, we will lead in ‘HVAC specialists’ (Lutnick)
This is essentially a proposal that the US change places w/ a manufacturing hub like China or Vietnam, at least in terms of economics over the long term
How will the next generation of AI or neural links (which tech wants) prosper, if the current path continues of cutting NSF and NIH funding as well as that of academic institutions that train such scientists?
Can someone convince Trump to start -manufacturing in US without sacrificing so much?
But, hand wave, *AI and crypto* will replace the need for silly things like human scientists and research funding.
CHIPS Act and IRA were a path to build strategic US manufacturing capabilities. Instead of building upon that, they want impoverish and punish opponents, even if they sink too.
Trump's first term created Project Warp Speed. Instead of embracing that and using it as an example of US innovation, the country's future is being tanked for no real reason.
The US became rich on the back of other countries. It found ways to make themselves dependent on them, although their products are not often first class. It was long overdue that the world separated from the American influence. Trump did all of us a favour, if unintentionally.
Manufacturing returning to America will not be what #Trump or #MAGA think or say it will be. Automation and 3D printing will be the result. Things will be more expensive, #infrastructure week will NEVER happen. Don the con & cronies will pocket the $ & US will be weaker. Trump betrayed you.
It'll make the less well off poorer but the wealthy far wealthier, which in reality is Trump & his backers main aim. A shift in wealth upwards, not the usual trickle upwards that we've seen for many decades, but a fast transfer of wealth
What he - and the oligarchs want - is high volume low value jobs to keep everyone occupied and with something to lose rather than jobless with nothing to lose and a grudge to take out on those hoarding the wealth
Trump's trade strategy is like playing "Go Fish" with other countries. Do you have any oil? The problem is he doesn't know the cards in the deck: Groceries, car parts, minerals, AI, computer parts, micro chips... Oh, and the wild card US DEBT! held.✌️
All the while lining the pockets of the assh...s that bought the supreme court, got a puppet into the White House and dumped our democracy into the toilet... And flushed.
All for the elevation of a few amoral, arrogant bottom feeders who think this world should belong to them
They want to unwind every advancement since the new deal. Push everyone into manual jobs so the nobility can regain their place and the peasantry can be put back in theirs
Back to the mines, steel factory, car assembly line and other low income work, not evolving your labour force to become future proof and knowledge based. And then be surprised if you become the low cost labour country of the future where rolls will be reversed,the smart countries will be in the east
They ABSOLUTELY want to make the nation poorer. That is always the whole populist schtick.
They feel like they aren't as well off as the rich, so they want to drag everyone around them into poverty so that they won't be "below" anybody on the economic ladder anymore.
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https://bsky.app/profile/needhibhalla.bsky.social/post/3lmpnnpt7c22y
😶🌫️😶🌫️😶🌫️😶🌫️
📌 Article...
📌 A well-known and trusted publishing house.
🙀 And this terrible text:
😡 The US President has set America back decades.
😭 The problem is still with the voters - they need to be informed and educated.
https://www.jandehn.com/post/right-wing-populism-the-finance-industry
Who would have thought that America will undergo Russification?
Less science, fewer healthcare breakthroughs, more….widgets?
This is essentially a proposal that the US change places w/ a manufacturing hub like China or Vietnam, at least in terms of economics over the long term
it doesn’t add.
Can someone convince Trump to start -manufacturing in US without sacrificing so much?
CHIPS Act and IRA were a path to build strategic US manufacturing capabilities. Instead of building upon that, they want impoverish and punish opponents, even if they sink too.
All for the elevation of a few amoral, arrogant bottom feeders who think this world should belong to them
https://bsky.app/profile/junlper.beer/post/3lmmz3zqvcc2e
They feel like they aren't as well off as the rich, so they want to drag everyone around them into poverty so that they won't be "below" anybody on the economic ladder anymore.
Misery loves company.