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Old 04-02-2020, 06:21 PM   #11 (permalink)
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Originally Posted by oil pan 4 View Post
Highlights all the flaws of globalism. Looks like outsourcing all our manufacturing jobs to Asia wasn't the great idea everyone thought it would be and a good chunk of out sourcing everything to China for the last 25 years is about to be undone.
Suddenly no one thinks open boarders are a good idea, just look at Rhode Island, the ultimate sanctuary state that supports open boarders, don't want new yorkers fleeing to their state. Oh the irony, it is not lost on me.
Mexico wants to close the boarder.
For a brief moment people actually started to question how government employees on a low six figure salary rapidly become multimillionaires.
It looks like for the first time in generations large numbers of people are realizing the government doesn't exist to take care of them. When stuff goes sideways you are responsible for you. AntiGun and Gun hating liberals suddenly see the need to own a gun.
Biden is irrelevant.
The house sets up a covid19 investigation panel to Monday morning quarterback every decision made by the trump administration. Showing how petty and hateful they are.
The bail outs are supposed to have strings attached for multinational companies to bring jobs back home.
Stimulus checks are about the be cut and no one's screaming "not my president".
Last Gallup poll 60% of Americans approve of trumps handling of the virus.
I have only received 1 call about extending my cars warranty in the last month, I think the death toll in Asia is far higher than what we have been told.





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Old 04-02-2020, 06:53 PM   #12 (permalink)
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The Chinese absolutely steal any intel property they can and buy everything they can't steal.
Another thing that doesn't rank high on the Chinese governments "to do list" is take care of the environment.
Make everything here and that just about eliminates language and unit boundaries
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Old 04-02-2020, 07:03 PM   #13 (permalink)
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I'm one of those folk who still commutes for work, due to being a hands-on position and being deemed an "essential" industry.

I'm loving the really light traffic.
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Old 04-02-2020, 07:36 PM   #14 (permalink)
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Quote:
Originally Posted by oil pan 4 View Post
The Chinese absolutely steal any intel property they can and buy everything they can't steal.
Another thing that doesn't rank high on the Chinese governments "to do list" is take care of the environment.
Make everything here and that just about eliminates language and unit boundaries
I'm no fan of the Chinese government, but not everything they do is terrible, and credit for things they do to improve environmental quality needs to be given. As consumers we're complicit in allowing the Chinese to "steal our jobs" and "steal our IP" and "poison the environment". We traded all that for getting goods extremely cheap. Every day I remark "how could they make this widget, ship it from China, and make a profit from the $2 price tag". I want for nothing because the Chinese have made everything cost so little (except for helicopters).

When you start from poverty, you don't have the luxury of concerning yourself with clean environments. As China increases economically, I expect environmental concerns to become more important. Their resource consumption will skyrocket though, because that's what happens when you prosper economically.
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Old 04-02-2020, 08:14 PM   #15 (permalink)
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Then there's the unspoken societal benefits, such as providing some relief to our social security, medicare, and other tax draining systems. The disease tends to cull the least productive in the population. That isn't to say we should be happy that people are losing loved-ones for the greater good of society, but it is a benefit to society as a whole nonetheless.
I agree strongly with the rest of your post, but I don't think this part is working out the way you think it is. The economic damage is worse than the pension money saved, and the government printing money to pay for the bailouts does inflate away some of the federal financial obligations, but that was going to happen anyways.
 
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Old 04-02-2020, 08:48 PM   #16 (permalink)
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What communist society in the history of the world ever developed a sense of environmental stewardship because it was the right thing to do?
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Old 04-02-2020, 09:04 PM   #17 (permalink)
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Loffer sold 19 million dollars worth of stock in the days after the classified house briefing from businesses about to be hit hard in a bad way by the virus shutdown and bought dupont stock along with others such as bio medical and tech stocks who would appear to benefit from the medical industry being overwhelmed by a pandemic.
I think she should be fired. From a cannon. Into the sun.
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Old 04-02-2020, 09:05 PM   #18 (permalink)
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What communist society in the history of the world ever developed a sense of environmental stewardship because it was the right thing to do?
Humans value living in a clean, safe place, and the value of your real estate and by extension many other things goes up when you protect the environment. Food comes first since that's acute health, so that has to be taken care of before pollution, but as societies grow richer they care more about their longer term health.
 
Old 04-02-2020, 09:31 PM   #19 (permalink)
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I agree strongly with the rest of your post, but I don't think this part is working out the way you think it is. The economic damage is worse than the pension money saved, and the government printing money to pay for the bailouts does inflate away some of the federal financial obligations, but that was going to happen anyways.
Good point. I expect the economic fallout will be much worse than the gains.
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Old 04-02-2020, 11:29 PM   #20 (permalink)
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Even card carrying kool-aid drinking jackasses are questioning why everything comes from china.

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