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afavourlast Friday at 4:45 PM2 repliesview on HN

> The problem is that American industrial policy is based on quarterly earnings and not long term health of the republic as a whole

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.


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snek_caselast Friday at 5:39 PM

Another big issue is that policy is based on politicians trying to get (re)elected. Their focus is doing things that make them look good, rather than actually doing good. There isn't a ton of long-term planning because elections happen so frequently. Politicians are also often old and not educated about technology.

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pstuartlast Friday at 4:56 PM

That's a technique they use to get away with it. I'm not interested in blaming the populace for being manipulated, I want to call out the leadership directly as they fully know well what they're doing and they should be publicly castigated instead.