Hacker News new | ask | show | jobs
by 4gotunameagain 439 days ago
Industrial capabilities could be on shored with various other incentives without risking a global recession with far greater economical & not costs.

This is political incompetence fueled by social media polarization & former political incompetence.

1 comments

People have been talking that talk my entire lifetime. Nobody has done shit, because nobody wants to hurt their next quarterly profits. We just had a pandemic that was likely caused by China for which we had to buy PPE from China because we can’t make it.

The best time for rebuilding our industrial capabilities in an orderly way was the 1990s. The second best time is now.

I do not disagree with disentangling the hyper globalised world. We have evidence of how quickly things can go south (bronze age collapse, recent supply chain madness etc).

The entire theory is also based on inequality. We build nothing and we ship all the low paid / environmentally disastrous industries abroad.

What I disagree with is the methodology, which is simply idiotic.

People who share this viewpoint have talked about this for decades and the entire time public policy went in the opposite direction. We’ll never get another chance before it’s too late.
Would you defibrillate a functioning heart because of a perceived future fibrillation risk ?

I do not buy that the only answer to the recent incompetence of the US (and western in general) political system is to shock it with even more incompetence.