Jul 31, 2023
Your faith in the ability of America's rulers' omniscient ability to plan and execute is touchingly naive.
The EU is scrambling to draft legislation to offset the IRA's mfr in America subsidies that causes German industry to invest in US mfg facilities. Japanese and Taiwanese industries are doing the same. I thought you'd like a mfg boom in the US that would de-financialize the US economy. You were writing about this not long ago. Now you're complaining about getting what you wish for.