/biz/ - Business & Finance

>>54773143
continuing at https://twitter.com/toddntucker/status/1651639884640133120


- Global Arrangement on Sustainable Steel and Aluminum will be worlds first trade deal to tackle carbon emissions and overcapacity, and serve as model for other sectors
- We support WTO, but the game is not the same as in the past. Need development and climate focus
- We are protecting our critical technologies and allies are doing the same with targeted measures. They are not a technology blockade against developing countries, contra Beijing.
- We have robust trade relationship with China. We are not looking for confrontation
- We need mature and open lines of communication even as we compete
- The world needs an international economic system that works for wage earners
- we must create space for partners around the world to take action so that their economies serve their democracies + social compact
- Right wing trickle down crowd appropriated JFK when he said a rising tide lifts all boats. He wasn't saying what was good for the wealthy is good for the working class. He was saying we are all in this together.
- We are not trying to constrain China's growth. Their development and that of others is good for the world and stability.
- We converge with Europe on derisking and not decoupling
- American companies sell all sorts of technology to China, except certain categories for natsec
- We should continue to be technology leading edge globally
- Basic principle is small yard, high fence on a few critical techs
- The WTO needs fundamental reform to account for presence of a massive non market economy
- but we can't wait for WTO reform to come. That's where GASSA, IPEF, and unilateral action come in.
- The way we build international order is not Parthenon style structures

>>54773149
continuing at https://twitter.com/toddntucker/status/1651644922007625729

- We need to reform MDBs so they work better for Africa
- 2b $ investment in solar deployment in Angola is an example
- We need to deal developing world in on building clean energy. 2023 is critical year for this agenda.
- Core message: Our economic strategy stopped focusing on building what we need to build. We're building capacity and residence so no flood or pandemic etc can knock us down. This will benefit working class.
- All economies, developed and developing, are aligned in need to build.
- No apologies for domestic investment.
- International order can help guarantee not totally inefficient.
- To have a long term solution to inequality and inflation, we need productive capacity over next 50 years.
- Not all jobs equal - quality and character of jobs matter.
- As NSA, I have to think about investment spillovers, but care agenda is equally important.
- We need a conversation with US organized labor about benefits of critical minerals deals with developing countries for production at home. Could take shape of Critical Minerals Club.
- We have ultimately accountable senior leader who balances speed and accountability for each industrial policy initiative: @johnpodesta for IRA, @MitchLandrieu46 for IIJA, @SecRaimondo for CHIPS.
- "The era of after-the-fact policy patches and vague promises of redistribution is over. We need a new approach..."
- "Simply put: In today’s world, trade policy needs to be about more than tariff reduction, and trade policy needs to be fully integrated into our economic strategy, at home and abroad."

>>54773161
here's the full transcript from the white house official website: https://www.whitehouse.gov/briefing-room/speeches-remarks/2023/04/27/remarks-by-national-security-advisor-jake-sullivan-on-renewing-american-economic-leadership-at-the-brookings-institution/

>>54773169
another summary by a literally who woman:
https://twitter.com/jennifermharris/status/1651698131682066438

@JakeSullivan46 outlined an affirmative vision - long requested by allies/partners- for what comes after the post Cold War' US-led economic order. In a nutshell:

- It is a time to build, at home and abroad. This will require a major reorientation of domestic & foreign policy 1/
- The goal is no longer trade for trade’s sake or markets as ends unto themselves: we have larger, more urgent aims— rebuilding our energy, physical & technology infrastructure. And we’ll do it via targeted public investments that crowd in private capital to deliver good jobs 2/
- This is the surest path to all 4 major challenges of the day: resurrecting a middle class, to sowing political support for further decarbonization; to out-competing China; and, through all of this, to repairing faith in democracy itself. 3/
- US domestic efforts alone will pay global dividends: these US taxpayer-funded investments could clean energy costs globally by >15%. Next gen nuclear, h2, carbon capture & other technologies will happen faster & cheaper around the world bc of US taxpayer-funded investments 4/
- But US investments aren't enough. The world has just passed $1T/yr in clean energy investment. Per IEA, it needs $4T/ yr. So we are nowhere near saturation, and need our partners to build, too.
- We are reconstituting our foreign policy around helping them do exactly this. 5/
- After all, these problems - inequality & damage to democracy, hollowing out of our industrial base, competition with China, climate change -- aren't unique to America. So just as we've done across history, we will fashion answers that work for US but not the US alone. 6/

>>54773184
continued in: https://twitter.com/jennifermharris/status/1651698139345174528

- $$ infrastructure via PGII // new regional deals like IPEF & APEP purpose-built to hasten clean energy, create trusted tech ecosystems, diversify supply chains, end tax havens & corruption // new emissions-based trade deals // more $$ for EM's via debt relief & WB lending 7/
- Panning back out - if the project of the last era was reducing tariffs & opening capital mrkts, we did that by the early 00's.
- Current US avg tariffs: 2.4% - low by historical & relative to other countries. Spending yrs taking them 0 won't move the ball on any of the above /8
- What will? Figuring out the business of building the energy, technology and physical infrastructure we need, at home & with allies. Plenty of execution risk, and we'll need Congress. But that's the answer to all four of our -- and so much of the world's -- pressing problems. /end

>>54773143
Tl;d

>>54773418
same shit different day

just tell us whether biden administration is implementing communism or not, everything else is literally nothing burger 2 more weeks tier

>>54773568
they want to reindustrialize because as the dollar does down they won't be able to buy shit, but Wall Street and the MIC won't let them

>>54773606
reindustrialize how? Stop relying on China and bringing production back to the US?

>>54773915
yes

>>54773945
that's not so bad. The products would be more expensive but that's only the problem if the kikes higher up in position don't take a pay cut

2/3rds of this is fine and the 1/3rd that's extremely pozzed was shit that was going to be done anyways, so I would say that this is a massive improvement over the Clinton-Bush days of "JUST GIVE ALL OF THE COUNTRY'S MONEY AND POWER TO CHINA SO OUR COMPANY CAN ENTER THEIR MARKET PLZ PLZ PLZ PLZ"

>>54773143
Holy shit that actually sounds extremely based.

>>54773568
This is the closest thing to naming the Jew that the whitehouse has ever done. If Trump published all that, he'd get called an antisemitic nationalist.

>>54773976
>>54774025
it's good, and half of it Trump wanted to do it, the US has enough resources and wealth to be an independently comfy country, but there's many interests in Wall Street and the MIC that will make it hard to implement

>Privileging Finance over the real economy was a mistake
>So anyway, here's how we're going all-in on Finance's most recent real-economy-crushing scam, Climate and Equity initiatives!

>>54773143
Thanks for the tl;dr anon

America has been a commie country for awhile now

>>54773201
>>54773184
>>54773169
>>54773161
>>54773149
>>54773143

all this is bullshit, lets see where the money actually goes when the bill goes to congress. IMO its just another talking point hype for 2024

>>54774311
at some point it won't be just a choice, if you depend on other countries for stuff but have nothing to offer except dollars which they don't want anymore

>>54774368
americas manufacting has been gutted since NAFTA. that over 30 years ago. that knowledge and skill base is GONE. those boomers and gen xer are retired or dead. it ill take SUSTAINED effort of decades to bring it back. Last i checked the US is below demographic replacement rate just like everyone else. there simple arent the people to do it either.

this is just another pie in the sky scheme, they will just forget about it after 2024 election and its back to business as usual.

I just skimmed through it, but what I saw pointed unanimously in the direction of this being an admission of defeat, and that the US will now follow the same path latin america did in the early 1900s. I'm kind of surprised to see support for this in this board. I mean, the fact that the national security advisor is giving speeches about economy should be enough to get the message across. Then again, maybe the board is full of shills. Oh well, I just came here to get some money advice but I guess I'll see myself out. See you in /pol/

>climate memeconomy competing with international labor
WOO YEAH FUCKIN’ AMERICA IS BACK BABY

>>54774420
>path latin america

idk anything about the latin american economy ? explain plz?

>>54774410
probably true, they did the Build Back Better thing and didn't show even a picture of a bridge after it

>>54774420
>I'm kind of surprised to see support for this in this board.
not support for this specifically, just the fact that you can't run a trade deficit any longer if people don't want dollars backed by nothing anymore, financial games won't work anymore

>>54774430
>WOO
https://www.youtube.com/watch?v=_0t6llGkBLo

>>54774430
Yeah, they're treating green energy policy like the next space race and the east doesn't give a flying f about that stuff

>>54774144
>and half of it Trump wanted to do it
It's basically the Trump economic plan with a coat of blue paint. Idiots are finally realizing that offshoring everything is not only not a viable long term economic policy but is a national security issue as well. The clean energy stuff is a complete meme though. The only power source that could potentially replace fossil fuels is nuclear energy.

now that roosevelt mentioned, why not use his tactics?
when stuck let the grassroots erupt in protest
which will put pressure on the powers that be and force them to grant there demands
just my 2c

>>>/pol/
irrelevant
this an Anarcho Tyranny with an administration that hasn't the capacities to enforce its bullshit.
34% approval. congrats and people mocked trump

>>54773143
>Markets don't always allocate capital in socially optimal ways
as opposed to bureaucracies? markets have an infinitely better track record than central planner retards

>>54774785
Also look at the timing of this, it’s just a election ploy, it’s not a serious policy they want to actually implement.
This screams of “plz white ppl vote for us and we will give you manufacturing back!”

It’s too fucking late for that

>>54773976
So it's a problem, then.

>>54773606
They have to. They fucked up the economy off loading labor. Dollar is fucked and we don’t produce anything. What value prop is there based off that?

This is a DNC shill thread.

>>54773143
>Trickle down, labor union squashing, tax cuts, deregulation, corporate concentration made things worse
So railworkers are allowed to participate in industrial action or does that one still stand?

I'll believe it when I see it. They'll say one thing and do another or promise you a free meal after your ass fucking and then ass fuck you twice and tell you the free meal has been cancelled. That's how this shit works. So you have to read between the lines on this stuff. The big thing that jumps out at me is mentioning their targeting of "finance" over "real economy." The wealthy don't really pay taxes anyway, so my interpretation of everything they said there is they're going to find a way to make trading, crypto, and other market related activities more difficult and less profitable for anyone except the ultra wealthy.

>>54775017
i don't think the DNC is doing it because they want, they would prefer to keep playing financial games, but there's no other option kek

if they actually implement it they are fucked though, it will end up with the average factory worker and the average 20yo kid working on construction earning more than teachers, HR-ladies, and most people with fake email jobs, that will wreck their coalition

you got what you voted for lads sorry

>>54774854
This lolberg bullshit again, government chooses winners and losers all the time. No one cares for your fantasy Jewish ideology

>>54774410
>NAFTA
afaik industry going to asia was a way bigger deal

>>54775255
NAFTA was just the first inning.

>>54773606
> they want to reindustrialize because as the dollar does down they won't be able to buy shit, but Wall Street and the MIC won't let them


Lol! Where is your God (ie the state) now shitlibs?!

>>54773418
This. What is OP thinking?
We know they are commies and then he posts all this for what purpose even?

>>54775252
>government chooses winners and losers all the time
exactly, and that's bad and jewish. why did you project that the system with no hand picking corruption is jewish?

>>54775283
wasnt trade in freefall long before that? i remember one time i was watching the coverage of the 1980 or 84 election and they were already calling it the rust belt.

>>54775051
>The big thing that jumps out at me is mentioning their targeting of "finance" over "real economy."
And it's published side-by-side with SocJus and Climate alarmism. AKA, they're going to make a token effort to take some piddling thing away from Big Finance and all the while they'll be enabling Big Finance's latest and most egregiously power-grabbing scam anyway. The only difference is that instead of telling you that Big Finance is allowed to fuck your ass because it's good for you, they'll just tell you they're allowed to do it because it's morally necessary instead and all your objections about being penetrated anally are just racism and sexism and anti-science superstition.

>>54773143
>>54773149
>>54773161
>>54773169
>>54773184
>>54773201

>>54775598
Hey how about you live in the real world for once, lolbergism is Jewish, just like communism
https://en.m.wikipedia.org/wiki/Ludwig_von_Mises

>>54776491
there are prominent jewish economics in every single school because jews like money. it's kind of sad how easy it is to debunk and own you...

>>54773143
Too bad they didn't realize all this 30 years ago, when it actually mattered.

>>54774043
>This is the closest thing to naming the Jew
Imagine being this delusional. It's the closest thing to pure leftism that the white house has ever done. These are literally the very talking points that leftists have been shouting at rightwingers and establishment politicians for decades.

>climate agenda worsening every aspect of modern life
>have to get poison injections just to open your digital wallet
>CBDC won’t let you buy meat, guns, ammo, metals, or land
>must transact a certain percentage of your CBDC each month with government certified “minority-owned businesses” or it disappears
>oh no a new Covid variant, better lock everyone down, CBDC wont work more than two miles from your home
>you didn’t watch enough trans drag show livestreams this month, citizen, your personal interest rate on your digital wallet has been lowered to -15%
Great future we’re building here, what a life we can all look forward to

>>54776760
that's quite a fantasy you dreamed up in your head poltard

>>54773976
Except!… niggers. They want to reindustrialize and masterbate about equity- not equality, that doesn’t work for niggers, but equity, taking from those who succeed and giving it to those that don’t care to succeed

>>54773143
Biden is FUCKED in 2024. Not delivering student loans is going to fuck him in the ass

>>54774876
I think at this point the demoratic party and their neoconartists from the other aile are just trying to create enough documents and pre-write history to not end up as the nazis of the next 100 years

>>54777268
Biden will be ‘re-elected’ by election fraud again. Why are we forgetting that.
You have two propositions- either the election was stolen, or Biden was the most popular president in history. Got to pick one.
It will be done electronically again, and without a trace, and then anyone asking for proof will be laughed at and sued, just like last time. It’s literal pottery

>>54777189
The government watched you type out your smug little post. They're not on your side no matter how much you bootlick.
Screenshot is from Snowden's book.

>>54773143
>CAPITALISM IS OVER

Capitalism will never be over. It just will flourish in another part of the world while the US becomes Venezuela.

just ban lobbyists
all your problems sold

>>54777268
They think they can stretch student loans out for 2024, 2026, and 2028.
>>54777298
Then there’s the fraud. They only need the media to claim student loans were a winning issue yet again!

so basically what the underlying thing here is that america must accept the coming multipolar world and to focus on rebuilding in america and abroad

>>54777298
no chance this time. Maga is in control on the local level hashing it out with new liberal fascists with pink hair that cant stand the Bidet regime.

>>54777268
Biden wins 2024 no matter what

>>54777561
They literally fired tucker Carlson as a pre election warm up just incase he might say something slightly saucy. It’s absolutely over for any contention of: truth, justice, fair elections or transparency

>>54777561
Cope. They want people to know cheating occurred. Because they know no one will do shit. Biden will get less than 5% of the real popular vote but will still win 2024 anyway. Doesn’t matter.

>>54777801
>they
aha
>>54777809
you don't get to 34% approval rate by just pissing off rebulicans and independents

>>54777400
Communism is the final form of capitalism. You have a serf class sharing scraps and an elite hoarding all the wealth- look at any communist regime in history- the ‘leader’ lives in a literal castle and isn’t anything close to ‘communism’ the Kim regime in best Korea, Stalin, Castro. You name it, the leader of any communist state is anything but communist

Here is my guess:
>Biden wins 2024
>Democrats sweep midterms in 2026
>Gavin Newsom / Michelle Obama win two terms starting in 2028
>AOC and some other far left female senator win two terms starting in 2036

>>54777871
The elites won’t let any far leftists in, nothing outside the paradigm is allowed and far leftists, like those on the far right are harder to control- only the illusion of progressive leftist dogshit will be allowed, while profit taking will always be the mode of choice for the spoiled, lazy, dumb elite class we have now

>>54777368
book?

>>54777937
doesnt exist. zoom in. this threadf is 900 Million dollar in public funding to "control" the narrative in action. pathetic

the end game of these globohomo satan worshipers is to overpopulate africa and then turn the western world into what we see Haiti as today.

>>54773143

Translation: We fucked everything up so we need to take more of your money to fuck things up more.

>Word salad impressive to normie midwit neoliberals
>End result is more money gets siphoned to all of the usual suspects and the citizens quality of life continues to degrade, but we have iphones and netflix to keep our heads buried in the sand

>>54773143
anyone with half a brain could see this coming since last year

https://www.theamericanconservative.com/the-new-american-system-trade-for-workers-in-the-21st-century/

It is all about neomercantilism and cutting off access to american consumer market. Which is why the international smart money has been piling into US even at absurd valuations. Because that window of opportunity might be closing.

>>54777937
i literally told you in the post: Permanent Record by Edward Snowden
>>54777966
Retard

>>54775283
Not really. Industry moving to asia started in the 1970s.

>>54776617
It's because they didn't realize it until it bitch slapped them in the face. Our leaders are dumb as fuck and couldn't see what everybody else could see coming. Of course, they were profiting off of it so that was probably why. But then it turns out that China actually doesn't want foreign companies to have access to their markets for even stupid retail shit without the company being partnered with a chinese company. And also they stole all the technology they could. Our leaders are traiters and morons.

>>54773143

>We hate you.
>We don't need you.
>You're being replaced and nothing you can do about it lol.
>Now grab a shovel, we need to rebuild the economy.

No.

>>54773945
Lmao good fucking luck. We're 3,000,000 workers short for current manufacturing and industrial jobs and they want to add more? Hilarious.

>>54774876
>we will give you manufacturing back!”
Nobody wants that anymore though.

>>54775283
US Industry died in the 70s

>>54773143
>>54773149
>>54773161
>the state is of the opinion that more state involvement is necessary to amend the misguided state involvement
>therefore we suggest more fiscal policy, more spending and more focus on climate change
itsallsotiresome.gif

>>54774854

key part of that sentence
>in socially optimal ways

Their definition of socially optimal is that everyone gets a pod and enough bugs to eat.

I've read the entire thing (tweet) and transcript (WH site)
they're delusional boomers
they want to bake the cake and eat it
at the same time
with no flour, sugar, or even an oven
basically they are whining about wanting a cake to make and eat, 2 cakes, without knowing how to make one, having the ingredients or a cook or a fire

this is the end of US hegemony, and china isn't the one replacing it

Can I get a quickrundown

>>54779749
if china doesnt replace america as king, does that mean india world leader super power 2030?

>>54777561
Did you not pay attention in 2022 the democrats managed to (((outperform))) despite his 30% approval rating after 2020 they realized no one will do shit about voter fraud. Plus they riled up mentally ill roasties with abortion and they are at the point the most numerous block of voters. Between fraud and abortion gop can’t win another election

>>54774368
Based retardbro. To be a reserve currency you have to be a big spender.

>>54774435
https://www.americasquarterly.org/article/why-latin-america-lost-at-globalization-and-how-it-can-win-now/

>>54779784
I was in high school when Bush won his second term and everyone was saying that was the end of the Democrat party back then and then Obama swept it and everyone started saying that the Republican party was dead when Obama won his reelection.

I remember when Trump won and then the GOP took back congress two years later and everyone, including high profile liberals, were talking about how the Democrats may never win another election. It's actually super easy to win the presidency with the right candidate. I have no doubt that Desantis would pull a Reagan and sweep the majority of the country. They're going to let Trump run again because he's going to shit the bed and then disappear forever.

>>54773915
You can easilly create these jobs by firing millions of white collar workers working on useless shit.

It would need a very long and painful recession. This is by #1 hypothesis on why the yield curve is horribly inverted, worst inversion since the 1980s. Large banks already figured this out and are hedging appropriately.

>>54779043
The smart play is to buy US treasury notes and wait 5-10 years. Smart money is divesting away from stocks (both US and overseas).

>>54779771
There is no replacement. The US is exceptional and there would be nothing quite like it if it does back from the world.

>>54780086
Wouldn’t shorting be the play in that case? Seems holding shorts on small banks is the based play right now.

>>54773143
Translated from bullshitese, these wagies are getting too unruly so we will leech them for 20 more years with Peronist policies.

>>54777268
he did deliver partially, and with election "fortification" the DNC has nothing to worry about elections, the problem is governing the dumpster fire after the election

>>54779755
US politicians realize you can't run a huge trade deficit if other countries don't want your worthless dollars in exchange, the US is a quite resource-rich country so you can cover that hole by producing shit yourself, sadly they probably don't have the human capital to do it
>>54779805
yes, i don't disagree, but the bad news is that you can't be a reserve currency anymore when nobody wants your worthless pieces of paper

>>54779771
>if china doesnt replace america as king, does that mean india world leader super power 2030?

>>54780104
>The US is exceptional and there would be nothing quite like it if it does back from the world.
China probably has no interest in running a global empire, it's not in their blood, they will just scam smaller countries

>>54779043

I just don’t see it, the American business class does not want to hire American labor, esp blue collar labor(blacks, and lower class whites). For them it’s too costly (high turn over ) to train and higher costs for this labor. They rather hire Mexicans. Even then birth rates in SA is dropping just like everywhere else. Chinese blue collar labor is higher iq and more reliable than white & black American labor.

>this thread
Every single poster retarded and possibly a child

All this talk means is that America is moving away from overt neoliberal type policies that emphasise free trade, promoted trade with China on the basis this would liberalise them and promote democracy there etc.

America is now going to secure its own supply chains for energy, chips etc and this is all basically bearish for global free trade and shows American elites are willing to confront China

>>54780277
“America is now going to secure its own supply chains for energy, chips etc and this is all basically bearish for global free trade and shows American elites are willing to confront China“

This is not possible, the knowledge base to manufacture low and mid tier electronics (resistors,capacitors, diodes etc)in the us is long gone. They would have to educate and train millions of people to do it. It would take decades. Do you think politicians have the will to force a policy like that onto the business class for that long? ( while resisting lobby efforts?)

>>54773143
The "climate crisis" bullshit needs to end. Even if they were right, China and India do not give a fuck. And if they don't give a fuck, nothing the U.S. could do would matter.

any mention of how the esg scheme is contributing to inflatation by making american business less competitive and productive in exchange for money resulting in more money chasing fewer goods?

of course not, because trannies. trannies are the economic policy now.

>>54780290
Your are not paying attention, the CHIPS act and Inflation Reduction Act are already laying the groundwork for US policy in these areas

https://www.pwc.com/us/en/library/chips-act.html

https://www.iea.org/policies/16156-inflation-reduction-act-of-2022

>>54780650
Just because they throwing money at the problem doesn’t mean they are going to actually solve it. Other countries have tired to subside semi conductors and have failed.

>>54773143
>What is the Biden administration’s international economic agenda?
Blue jews can say whatever will get them votes since the red jews will veto anything the Jews don't want

>>54773143
Green energy/policies = poverty, stagnation and decline. I also love that bit about investing in Angola's solar grid. Does that make US' electricity cheap and affordable? No? Then it doesn't matter. It's just money that goes to a specific company and that's about it. It's literally nothing, has no effect on the wellbeing of the average citizen and in the end means fuck all.

And what can the US even do at this point? Brown garbage isn't going to make you competitive and neither will troons who can't decide whether or not they're at war with their genitals. Both the meat behind the scene and the scene itself (the state/society) are worthless or non-existent and there's nothing that can be done about it at this point. Similar stuff applies to Europe, but it's even worse especially in the Green bullshit sector. It's just making us poor and unable to live or actually do anything. There will be and cannot be any progress until Green bullshit is totally discredited and thrown aside. I also noticed that they basically admitted that democracy is a failed and discredited system at this point, which is true. We need an entirely new one, but one based on actual free association, ethnic insularism and separation etc. etc. etc. Basic point is multiculti and such stuff is over, and the US and the EU are just trying to revive it. This cannot be done and shouldn't be done. Ethnocentrism is the only way forward, and so is abolishing feminism and female labor, but since none of that will be done we'll just continue circling the drain. The future is unironically Chinese. And I don't mind because I have no stake in the current system. Just leave me alone.

t. eurofag

>>54773606
This. Someone for a change understands shit. Stuff from China is artificially cheap.
Of course, don't talk about it because Redditor jannies will consider that a conspiracy theory.

>>54780277
>America is now going to secure its own supply chains for energy, chips etc
this means dynamiting the DNC political coalition, teachers, diversity consultors and HR ladies becoming irrelevant, it will not happen without a lot of violence and burned down cities, you can't have a productive economy without putting money in the productive economy, and if you put the money in the productive economy it will have to come out from other leeches

>>54780650
>Your are not paying attention, the CHIPS act and Inflation Reduction Act
they also did the Build Back Better and didn't build a single bridge, i'll take it seriously when i see the chips and infrastructure churning out

so if anyone is wondering they are admitting that they fucked everything with china this already flagging economy is gonna be saddled with subsidizing industrial redundancies, higher prices for commodities and maybe some resource wars, and we'll be splitting any spoils with the euros even though they'll be trading with the chinese behind our backs the entire time.

>>54780889
>and maybe some resource wars
i hope they invade Canada

>>54773143
>China shock wasn't adequately anticipated or addressed
Br3h... I managed to anticipate this when I was about 12 on email digest groups for metalworking etc and constantly hearing how shit cheynese products are.

Obviously they will be, if its comparing a $399 (shipped) lathe versus one that'd cost $100k just to have overhauled.

It's blatantly obvious they can make higher quality products, they're just building to the most popular price and ones that allow them to export into the EU without it going over the VAT threshold.

I can advance it even further. It'll be the cheynese girls that put the pressure on cheyna man. They'll start going capitalist
>but how come shen shen has new kitchen with smart energy tap but we don't have?
enter, the capitalism age. They'll have to quell that by making sure the girls have enough nik naks straight out the gate.

How the US government _didn't _ see this coming
>hand all manufacturing over, whoa.... we like.... don't make anything anymore and that might be a potential problem, almost like it could be leveraged against us
fuck knows

how about try to solve some basic things like shortage of teachers in schools, currently you just import people from philiphines to teach your kids
???

>>54779876
>I have no doubt that Desantis would pull a Reagan and sweep the majority of the country
Not with the current demog.raphics, Romney was absolutely right when he said a good 40% will never vote republican.

>>54774854
This is not a controversial statement. The first 20% of an introductory economics textbook is explaining the market and the other 80% is explaining why a free market often doesn't work, "market failures", e.g. externalities, natural monopolies, information assymetry, dumping, public goods, etc

>>54779876
>>54781116
at the federal level he would have to cleanup the deep state and install his own people if he wanted to get anything done, seeing he is literally travelling to Israel to sign laws, it's unlike he would do this kek
>https://www.nbcnews.com/politics/2024-election/ron-desantis-signs-bill-combat-hate-crimes-israel-rcna81799

>>54779876
Nigger, nothing less than the literal 2nd coming of Jesus can reverse this.

>>54780066
That's not going to push them into factories dipshit.

>>54773568
No. It’s worse. It’s tighter control for the ends of performative progressive bullshit.

>>54781081
Schools are completely worthless and obsolete. This isn't an american issue per se, but globally as well. It was worthless when I was a kid in the 90s in Europe and nothing has changed or can change. Any proper, actual education is self taught or gained by going to a private school. Public state run schools are just gulags for normal children and daycare centers for nogs, and the rest is just inanity that doesn't teach you anything worthwhile.

>>54774043
>- Clean energy supply chains are in danger of being weaponized like oil in the 20th century, national gas in 2022
youre a literal retard
if you cant imagine how points like this will be utilized against the american people and the world

>>54781133
>80% is explaining why a free market often doesn't work, "market failures", e.g. externalities, natural monopolies, information assymetry, dumping, public goods, etc
That's wrong though

>>54781338
90% of school does more damage to the economy than it helps

>>54781338
My mom, dad and sister were teachers. My bros wife is as well. And her sister. And both her parents.

It might have started out as a good plan but as soon as the printing press came along the need for schools dropped. Then radio. Then TV. Now the net. You can teach yourself 90% of a stem degree just with text books and the net.

School are now basically child minding and indoctrination stations. Guaranteed. It took my mom until her 70s to begin realising it. There is literally zero need for them to be there until they're 18 beyond that being when the state determines them to be of good debt enslavement and working age.

The aim of the is just to get peoples kids separated from them so the adults can be worked, for some reason other than looking after themselves and own kids.

There are people retarded enough in society they could actually benefit from that. If I had any, I definitely wouldn't jump and sending them off there.

In terms of nature as well, if you compare what teenagers would have been doing a few thousand years ago, I.e. out and about, building, making children of their own, sitting staring at a dry marker board for several hours a day being "woked" isn't even close to comparable.

>>54777561
The democrats will never lose a presidential election ever again. Your vote is meaningless, pleb.

>non-market economy
so we're going full venezuela

Fuck this. Even though a lot of this will be overturned a few times again and again as the parties fight it out, it's obvious to see the general trend US is heading
Down the drain.

>>54773143
>whenever politicians talk about consensus policies, it's always socialism, statism, "diversity," censorship and far-leftism
yeah

>>54773143
>>54773149
>trickle down
>marxist slur against supply side economics

>>54780877
You seem to misunderstand. Both parties are aligned on this. Both of them want to lessen trade and get domestic wages up. Various trade restrictions and later capital restrictions are coming. Also some tax increases.

>>54780889
Last year everyone started talking about friendshoring. So yes US and Europe (and Japan, SK, Australia, NZ and some others) will keep trading with a lot of whining and moaning and huffing and puffing and some slight restrictions. Subsidies will come with the tax increases. But the easiest way to think about it is that Reagan tax cuts funded Japanese companies, Bush and Trump tax cuts funded the Chinese government while causing households to go into debt. It might make more sense to fund your own government through taxes than to fund the Chinese government through tax cuts and domestic debt.

>>54773143
>>54773149
>central planning and socialism
>capacity ot build, produce and innovate is core to biden agenda
lol
>the party that's all for turning federal agencies into their secret police, jailing and silencing political foes and replacement migration to undermine the will of the citizenry is all about democracy
Whites who vote for this are just too stupid for politics.

>>54773184
>to repairing faith in democracy itself
I hate "liberal" leftist whites so much it's unreal.

>>54774043
>socialism, central planning, ramping up wealth distribution, which just means robbing whites and giving their money to hostile invaders, robbing workers of their right to not join unions, propaganda, "green" insanity, authoritarian thugs lying about how "pro-democracy" they are, etc.
Leftypol, you're a fucking moron.

>>54774025
>can't wait for america to become a socialist, centrally planned heaven like europe!
>just bend over and accept anti-white, authoritarian dicks in your ass
Stupid idiot.

>>54774420
Yeah, there sure are lots of leftist retards here now. Pretty sad to see, honestly.

>>54774557
>It's basically the Trump economic plan
>trickle down
>high taxes
>pro-labor unions, which just means, of course, them forcing workers to join and siphoning their money to leftist causes
>funding leftist propaganda
>green energy
>central planning
>"wealth distribution"
You're a braindead moron.

>>54779876
>high profile liberals, were talking about how the Democrats may never win another election
They were right and why they don't do real elections anymore. People vote and the democrats are way behind then at 3 am counting stops for some """issue""" then resumes as mail votes show up and swing them into the lead.

>>54775051
>unironic commie american
Why don't you move to your beloved socialist europe and earn a third of what you do here, retard?

is this an acknowledgement that unlimited catlady of color bureaucracy didn't work

>>54775252
>freedom is jewishness
>authoritarianism and communism is what's best for whites
>just look at the wonderful ussr and eu

>>54777561
>with new liberal
There's literally nothing liberal about american "liberals." They have zero in common with actual, classical liberals.

>>54783416
>I hate "liberal" leftist whites so much it's unreal.
it's always good to remember

>>54781151
>you getting 25-30% more of the white vote?
>haha we've imported so many perma-leftist, hostile invaders that only care about brining in more of their family and stealing money from whites via taxes that you've got no chance to win
Weird thing to flex about.

>Majority of thread is /pol/ bullshit instead discussing future economic implications of this agenda
Hard enough filtering out all the crypto bullshit and then you faggots ruin these threads.

>>54783690
its literally one schizo absolutely malding that drumpf lost
As for the agenda, it sadly does not mention nuclear energy as part of the green energy investment, but overall its a better framework than the old neoliberal outsource everything agenda. The problems are going to come from education/training on advanced manufacturing techniques that are not widespread enough for employers to rely on getting advanced workers, which will unfortunately lead to even more H1b type immigration.

>>54773143
US of N- is scared lol
>Clean energy supply chains are in danger of being weaponized like oil in the 20th century, national gas in 2022
But they are "weaponizers", why do they pretend to be the victims?

>>54783756
>it sadly does not mention nuclear energy
That's a feature not a bug, nuclear energy ruins so much of the climate change narrative that it can't be allowed to gather more traction, could you imagine cheap clean energy with the main emissions from just monthly deliveries to the plant? The money from the carbon tax would dry up not to mention lowering are dependency on oil and coal.

>>54780650
>the CHIPS act
HAHAHAHAHAHAHAH
You haven't read the news? Intel already spend that money on a 100 billion dollar stock buyback

The american leaders are so corrupt it's almost incomprehensible, Lenin was a moron but "The Capitalist will sell us the rope we'll hang him with" was prophetic

>>54779478
But you’ll need to be vaccinated and boosted before we make you dig your own grave

>>54777924
Yes they will. It’s pure demoralization. Eventually an obvious tranny or an illegal immigrant will be our president. Something so ridiculous that no one can believe it actually happened. Why? To demoralize you. To make you lose all hope. Because they know, you know, and they know you know, that you won’t do shit. And will never do shit. They will eventually mandate sissy training and estrogen for boys and monthly dna altering vaccines and you must spend 33% (remember that number) of your CBDC at black- or tranny-owned businesses.

>>54784586
>You haven't read the news? Intel already spend that money on a 100 billion dollar stock buyback
kek, please tell me this is fake

>>54773606
oh so can we finally make America great again, again? Isn't this what Trump should have done.wanted to do?

>>54784856
>>54784856
>Isn't this what Trump should have done.wanted to do?
yes

How is this /pol/ thread still alive
Are the mods paid to advertise the 34% approval policy of a fascist?

>>54785275
change of economic policy destroying the primacy of finance in the US is irrelevant for business now?

>>54783756
>any divergence from my hugbox reddit leftism means you're le schizo
>malding
kys

>13 pbtid
>still seething

>>54773418
>>54773418
>Global Arrangement on Sustainable Steel
Sweden going to become the main player in exporting green steel, recycling batteries and mining rare earth metals.