logoalt Hacker News

cjbgkaghyesterday at 6:21 PM1 replyview on HN

We are assuming a resource curse on steroids, the ability to sell the ‘resource’ is used to distort the economy and pay for the cost of running an empire. The US chooses to do this because it is controlled by those who benefit from this not for the long term benefit of the country.

Saying it’s not an advantage is to assume those in control want to have manufacturing in the US, while such noises are made there is very little action beyond capricious crony capitalism tariffs that no normal business can possibly rely on.


Replies

d3ckardyesterday at 7:55 PM

They very much want to have manufacturing, since it’s a requirement for war. They just don’t realize it. Plus, it is a conflict between all the extra money to spend and long term state welfare.

show 1 reply