“I am willing to pay more as long as there are NO cheaper options (and I will grumble about it).”

The only question i have is whether they are really so dumb that they believe giving tax breaks to oligarchs and applying some tariffs is sufficient to bring industry back

Investment goes where money is so it has some attraction. Probably industry will come back but to a limited degree because the supply chains have not been built AND you have to train workers up. These typically take years to establish especially for stuff like cars and chips.

In the meantime the pain of inflation is going to bite even harder for regular people.

This is probably the only opportunity for regular Americans to organise and get those jobs/wages and make sure to rip off some capitalists who are high on Trump juice. The domestic market is protected by tariffs. Get the bag. Take as much share of profits from the capitalists as possible. Get the employee healthcare and max it out etc.

When those industries go belly up in a few years, those opportunities will be gone.

Reindustrialization takes rebuilding the human capital base, it takes investing into education, infrastructure, healthcare, housing…none of which are getting any better, in fact they’re only getting worse.

That’s not the style of investing Trump is probably thinking about. He’s all business so it will be business investments in terms of subsidies, tax incentives and government contracts.

“Human capital” == “handouts” in Trumpland.

I think Trump is similar to other austerity conservative economists hence the cutting of the “fat” : Radio Free Something, VOA, USAID etc etc (even military spending). The idea is to cut a lot of services which will reduce government spending, then juice the industrialists with tax breaks and subsidies. The supposed resulting growth will then help pay the debt off.

Rich people pay for their own stuff. They don’t use government education and healthcare. And they don’t consume VOA. Hence someone like Trump can basically ditch it easily when looking to cut costs. Even if he was told it’s for propaganda, he wouldn’t give a fuck about cutting it. It’s not important to him. Same with President Musk.

Rising cost of living also forces people to let go of their assets such as homes and businesses as workers and small businesses start defaulting on their debt. Oligarchs, insulated by their massive capital reserves, swoop in to acquire these assets at a fraction of the cost. David Harvey referred to this process as accumulation by dispossession.

Yep. IMHO assets aren’t going to fall in price actually. Because rich people will sink their spare money into property. Property can dip in price in the short term but it bounces back. Rich people want land which creates the demand and increases the price. They will buy it all if allowed.

Australia is a good example of this. People thought because they managed to hold onto their assets, which are rising in value faster than the cost of living, that they are getting wealthier. Unfortunately when their kids get old enough to want to buy a home, it’s often way out of reach of their kids’ salary. Then they have to borrow against their asset to support their kids purchase.

I believe most Australians and Americans will not do the only real long term solution: Take assets from the rich class. Give/sell cheap those assets to the working class. They don’t have the stomach to take assets from the rich. You can’t let rich people accumulate assets. If working class people are too broke to buy a home, then the country is broke.

they could even sue people running stuff like DeepSeek as a service based in US.

“Time to set up my servers in Mexico.”

Apparently some Chinese people thought we had free healthcare for some reason.

Sometimes (and I emphasize Sometimes) Chinese can be sarcastic in ways that are not going to translate into American English.

Even paying outright for healthcare in China is cheap. There was a youtuber living in KunMing who said she usually visits an english speaking GP paying a little under $10 because of the convenience rather than using her employer provided healthcare fund.

FYI. Chinese Insulin <$1. US Insulin $100.

It may be a mild inconvenience at first, but the potential to grow a real understanding in the west to the truth about China and the rest of the world is massive.

I have an idea for a post on Red Note:

“Tik Tok Refugee here. Question for Chinese friends - How much is Insulin in China?”

“The government will own your toothbrush! (Everyday you push your train to work and back)” - US textbook

“Who wants the hours of two full time shitty jobs for the salary of one shitty job? DM your CV here!” - 🤡

Biden’s team? Do the Blue Jays give tips to the Yankees now?

From the SS handbook:

Empty my magazine into the air = suppressive fire

If the judge has no control, how did he buy and sell the stocks? He (or his wife) was “advised” completely independent of the case he’s on?

Pelosi’s husband makes a lot of stock moves too.

“No biggie guys! It was my stupid wife just making money accidentally!”

You’re a federal judge ruling on a Boeing case?

Now sentence yourself to maximum security prison.

“Sorry Ma’am. All our high chairs are being used in the kitchen at the moment.”

The frog boils itself now?

Cheap solar and semiconductors will reduce the cost of manufacturing in US. Energy and chips are inputs to actually producing stuff that companies charge a lot more for.

Car tariffs is somewhat understandable.

Keep turning…

HKFP dodgy as fuck as a source.