@Jkylebass This is a great emotional plea but needs expansion; skilled manufacturing is the traditional high paid bridge into the upper middle class. The cost and work rules offended our elite. They backdoor’d our system, exporting jobs to China.
1/
It is a merciless calculation. But there are a number of issues that need to be addressed:
1) China, has a massive labor pool but presents a horrible moral dilemma. Is it, ok, to take jobs from America and ship them to a country with few freedoms or human rights protections.
2/
2) An economy without a vibrant middle class is not the place we aspired to be for centuries. Freedom and opportunity to succeed is a foundational element of the US ethos, they are trying to destroy it. We must preserve this ability to succeed, hope nourishes the soul.
3/
3) It has been allowed to run amok, we do not require China to most of the rules, but at the same time we fail to protect our people from China thereby forcing everyone to obey their rules. Allowing this asymmetry continues to undermine our sovereignty.
4/
If we want to continue trade it needs to be under an explicit society encompassing context of reciprocity.
/end

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More from @letsthinkdeeply

25 Jan
@gummibear737 @MichaelPSenger Let’s review the scientific developments on COVID19 of the last month:
1) AMA and others are dropping objections to Hydroxychloroquine.
2) Aggressive pursuit of other repurposed drugs such as Ivermectin has restarted.
1/
3) The vaccines that Dr. Fauci declared were impossible to develop in less than two years are rolling out 100s of millions of doses.
4) Joe Biden, strongest intellect of the 21st century, basically quoted President Trump as saying that the virus will follow the course it does.
2/
And, of course, the MSM is cheering his great wisdom on as Michigan, DC, New York and others start to open up.
5) The WHO suddenly realizes deaths and cases are dramatically over reported and has tightened the reporting criteria significantly.
3/
Read 9 tweets
24 Jan
@Covid19Crusher @gummibear737 Sudden renewed interest in cheap safe drugs, such as ivermectin, to treat COVID19. Where were the trials last summer? Are these designed as badly as the Hydroxychloroquine ones, or is the medical bureaucracy actually trying to save lives, this time?
We should have tested all of these drugs in large well designed RCTs by now. Image
Read 4 tweets
17 Jan
@BuckSexton @gummibear737 @Covid19Crusher @EthicalSkeptic The facts:
1) Dr. Fauci and NIH/CDC have actively interfered with the evaluation and advocacy of off label use of safe existing drugs. The reasons are multi fold including a bad EUA framework during a true emergency.
1/
@BuckSexton @gummibear737 @Covid19Crusher @EthicalSkeptic 2) Early disease parameters were poorly understood and RCTs during this time were often off-mark or suffered from poor design. But a mythology has arisen due to hyped studies that were later discredited. And the perceptual damage had not been corrected.
2/
@BuckSexton @gummibear737 @Covid19Crusher @EthicalSkeptic 3) The nature of politics in academic medicine overlaid with governmental politics; all amplified by social media have affected doctors, virologists, epidemiologists, infectious disease specialists. We are rapidly substituting politics for science. Anger replacing judgment.
3/
Read 13 tweets
17 Jan
The Japanese hit a similar wall with fixed supply chains. With all technology there is a limit on productivity. After the use of cheap labor come: logistics, capital efficiency, resource costs, management efficiency, distribution and energy costs among others.
1/
The US has many advantages, penetration of MIS technology, cheapest energy supply outside lesser developed oil producers, better logistics, extremely efficient capital allocation, less corruption(which acts as a barrier and tax). In the end, freer markets are more efficient.
2/
The Chinese SOE system relies heavily on subsidized debt. The Chinese due to different accounting rules and promises similar to sovereign guarantees have convinced the Western capital markets to invest very low cost capital in China.
3/
Read 4 tweets
5 Jan
@threadreaderapp @cain_nate @realDonaldTrump Our election laws are a carefully woven tapestry negotiated over decades by the parties. The conduct of the elections according to these laws are a contract between the parties and with the people to insure fair, free and honest elections.
1/
@threadreaderapp @cain_nate @realDonaldTrump Our rights under the constitution are embedded in these laws. The officials, press, judges, law enforcement and politicians that are obstructing the reasonable investigation of thousands of observed irregularities are actively working to deny an open and fair election.
2/
@threadreaderapp @cain_nate @realDonaldTrump Procedural excuses deny hearings, courts refuse to follow the law, law enforcement ignores witnessed crimes and bureaucrats just want it to go away. The law is the law, those denying it are culpable, many are legally responsible for investigating and enforcing the law.
3/
Read 9 tweets
2 Jan
@realDonaldTrump @Mike_Pence @SpeakerPelosi @senatemajldr @PhillDKline @RudyGiuliani @HawleyMO @tedcruz @RealPNavarro
“The Pause”
There seems to be only one viable solution, to avoid widespread unrest and disaffection concerning the election, at this stage.
1/
1) VP Pence should refuse to read any electors on January 6. He decides he will read elector slates after comprehensive audits are completed in contested areas including a thorough transparent bi-partisan examination and count of ballots, security envelopes, and voter rolls.
2/
2) This must be allowed and completed by January 19, if not he will refuse to read the electors from those states blocking audits. Only electors from contested states that can prove by audit that the votes counted are legal and accurate will be read.
3/
Read 7 tweets

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