The Trump admin is actively pushing deindustrialization - ThreadSky

jdcmedlock.bsky.social • 15 days ago

The Trump admin is actively pushing deindustrialization

NEW:

At least 2,700 employees — roughly 17% of its staff — have applied to resign from the US Department of Energy.

The departures could gut the agency’s in-house bank, as well as its offices focused on bolstering the power grid and U.S. manufacturing.

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Comments

hydrus96485.bsky.social•14 days ago

It's getting harder to predict whether Trump will be the least environmentally-friendly president or the most.

thanksihateit603.bsky.social•15 days ago

Yes, but it's also very, very bad for the security of nuclear waste and weapons.

jdcmedlock.bsky.social•15 days ago

They want you to work an email job

rifka.bsky.social•15 days ago

TIME TO START USING ALT TEXT LIKE DISABLED PEOPLE ARE ALLOWED TO KNOW WHAT THE FUCK YOU ARE TALKING ABOUT.

rjsizzle.bsky.social•15 days ago

That paragraph about the challenge of tariffs on other countries being reduced is tough to read.

It's the economic equivalent of "both sides"

Leave Korea and Japan out of this, and encourage the GOP to drop all this nonsense, not just fine-tuning the tariffs.

fortysixpercent.bsky.social•15 days ago

It does make sense though. A crazy tariff on China only works if we tariff the rest of the world. Because manufacturers in other advanced countries will be able to make everything cheaper/better with access to Chinese inputs.

rjsizzle.bsky.social•15 days ago

A crazy tariff on China won't work period.

It's like baking a cake and saying "how much anchovy paste should I put in here"

The answer isn't "very little" or trying to adjust the other ingredients to accommodate the anchovy paste. It's none! The answer is none!

fortysixpercent.bsky.social•15 days ago

Yeah. “Don’t do stupid tariffs that will lower everyone’s standard of living and destroy the industries you claim to want to protect” is the better path.

gucc.us•15 days ago

it has been insane to watch the same people who claim that AI is so advanced that it can "do all the easy stuff for cheap" demand we "bring back domestic manufacturing", as those two ideas are ENTIRELY incompatible with each other...

gucc.us•15 days ago

its making me feel insane because, to my mind, the only way to make this all make sense is if SOMEONE in the admin is quietly proposing some form of forced labor. Otherwise, the math doesn't math! But, like, I feel insane thinking this because its an insane thought!!!

discosaurus.bsky.social•15 days ago

Another example of tarrifs leading to offshoring instead of reshoring.

Any industry that does build and sell in the US under tarrifs ends up as a more expensive, lower quality system. See what the Jones act has done to US shipbuilding

isheoughtto.bsky.social•15 days ago

lines up with their not at all sublimated fetish to be force-femmed by a parent-coded dominant

is this "libidinal economics"

amunicipalfox.bsky.social•15 days ago

The Treatlers are gonna end up doing jihad against the Degrowthers.

maxtropolitan.bsky.social•15 days ago

Temu spears vs. flint spears is a fair fight.

fortysixpercent.bsky.social•15 days ago

Yeah. The current equilibrium will kill US manufacturing. Manufacturers in other advanced economies can buy their inputs from China without a 150% tariff and sell so much cheaper.

dunkerist.bsky.social•15 days ago

They want Ollie Bearman to replace Lewis at Ferrari. Simple as.

bigmarsh.bsky.social•14 days ago

darkest-timeline.bsky.social•15 days ago

I've got a friend who took the offer there. She's trying to leave the country.

jeanmoulin4ever.bsky.social•15 days ago

sporkredfox.bsky.social•15 days ago

Well at least the dept of energy doesn't manage anything dangerous.
Sorry, nuclear what?

taemanai.bsky.social•15 days ago

Come build your factories in the US!

Bring your own financing...

insortediaboli.bsky.social•15 days ago

I made a joke post about them wanting to return us to the power of steam and now I’m afraid I held the lathe of heaven

scottax.bsky.social•15 days ago

We don't need all those people anyway since we are going back to using coal.

sweetwhisper69.bsky.social•15 days ago

Pol Pot II

josephmarsh.bsky.social•15 days ago

eean.dev•15 days ago

Someone tried to convince me that Abundance was pursuing a Trumpian agenda. L O L

pacheco-torgal.bsky.social•14 days ago

A recent study shows the euro is now the most stable reserve currency, directly challenging the dollar. Trump’s disastrous tariffs might just destroy what’s left of the dollar’s credibility. https://link.springer.com/article/10.1007/s40822-024-00306-7#Sec6