There is too much built in expense in the US economy. Government, medical, education at all levels and everything else is over priced in the American economy. No matter how efficient an operation is, that operation is at a disadvantage because of all the built in unseen costs.
The basic problem that America and Europe have is that if you draw a circle on the world map that includes India and China, more than half of the humans in the world live inside that circle. Europe is a peninsula at the very end of humanity’s main landmass. The US isn’t even on humanity’s main landmass, and makes around 4% of the species.
The centre of gravity of the human species is Tibet. Europe and America have currently got the power and money but the centre of gravity is in the east, the only thing that shifted that was the Industrial Revolution, and that head start is pretty much gone now - we frittered it away on tax breaks for billionaires and privatisations.
Americans need to think like Beethoven and listen to great classical music and look at great Renaissance Art to be spiritually uplifted to Make America Great Again.
Even so, after 4 years of college, you'd expect at least some understanding of how international trade and domestic manufacturing work, and yet the guy is completely ignorant. Has no one explained to him that if your currency is used as a global reserve then by definition you'll have both a trade deficit and a strong dollar? Those two go together, otherwise how else would foreign nations obtain the dollars to buy the things they need that are priced in dollars, like oil for example?
As for shipbuilding, the idea that the USA can restore even a fraction of its former shipbuilding capacity is absurd. That ship sailed decades ago. Even if you can find enough skilled trades people and qualified engineers and designers, where's the steel going to come from?
Tearing a strip off Trump for his economic ignorance is easy, however it misses the main point. No single individual should EVER be able to wield this much power, and at this point it should be obvious why. How you go about changing that is another issue entirely because the game as currently structured cuts Congress out of all the really important decisions, and both parties seem just fine with that arrangement.
There is too much built in expense in the US economy. Government, medical, education at all levels and everything else is over priced in the American economy. No matter how efficient an operation is, that operation is at a disadvantage because of all the built in unseen costs.
The basic problem that America and Europe have is that if you draw a circle on the world map that includes India and China, more than half of the humans in the world live inside that circle. Europe is a peninsula at the very end of humanity’s main landmass. The US isn’t even on humanity’s main landmass, and makes around 4% of the species.
The centre of gravity of the human species is Tibet. Europe and America have currently got the power and money but the centre of gravity is in the east, the only thing that shifted that was the Industrial Revolution, and that head start is pretty much gone now - we frittered it away on tax breaks for billionaires and privatisations.
Another example of Trump's policies hurting America in favor of its adversaries?
Americans need to think like Beethoven and listen to great classical music and look at great Renaissance Art to be spiritually uplifted to Make America Great Again.
Can we rise above the Hollywood Trash?
Trump's actions are about what you'd expect from a semi-autistic narcissist with a bachelor's degree in economics.
https://www.forbes.com/sites/christopherrim/2019/02/28/heres-why-donald-trump-doesnt-want-anyone-to-know-his-grades-or-sat-scores/
Even so, after 4 years of college, you'd expect at least some understanding of how international trade and domestic manufacturing work, and yet the guy is completely ignorant. Has no one explained to him that if your currency is used as a global reserve then by definition you'll have both a trade deficit and a strong dollar? Those two go together, otherwise how else would foreign nations obtain the dollars to buy the things they need that are priced in dollars, like oil for example?
As for shipbuilding, the idea that the USA can restore even a fraction of its former shipbuilding capacity is absurd. That ship sailed decades ago. Even if you can find enough skilled trades people and qualified engineers and designers, where's the steel going to come from?
https://assets.weforum.org/editor/y1wI4FRwM-JRg9BpkKChLBlfn4C2PXzOeNMvu-aBmUo.jpg
Tearing a strip off Trump for his economic ignorance is easy, however it misses the main point. No single individual should EVER be able to wield this much power, and at this point it should be obvious why. How you go about changing that is another issue entirely because the game as currently structured cuts Congress out of all the really important decisions, and both parties seem just fine with that arrangement.