Classic example of why protectionists often win the political debate: a single Indiana steel mill closure in 2017 gets a book & NPR feature, while everyone ignores the broader trends in Indiana's economy & manufacturing sector npr.org/2021/10/20/104… ImageImageImageImage
They also ignore the flipside of imports/offshoring - all the foreign investment in Indiana, including (especially) in manufacturing ImageImageImage
I guess there's no market for a book abt this (or my awesome, Indiana-made Subaru - which def benefited from lower, pre-tariff steel prices, btw) ibj.com/articles/globa… ImageImage
Or maybe we could write a book about all the awesome, well-paid jobs (especially in services!) in now-thriving Indianapolis?
(See also: manhattan-institute.org/10-successful-…) ImageImageImage

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More from @scottlincicome

16 Oct
"Lazy crane operators making $250,000 a year exacerbating port crisis, truckers say" news.yahoo.com/lazy-crane-ope…
"one terminal in Long Beach has started using automated cranes, and truckers rejoice when they are summoned to pick up cargo there. It is efficient and quick." 🤔
Reminder: "the unions have for years fought efforts to automate ports on both the West and East coasts—just as they fought containerized shipping and computers decades before that."

cato.org/commentary/ame…
Another reminder: the truckers (Teamsters, at least) aren't exactly blameless in all this too, having opposed NAFTA trucking liberalization (and thus limiting US capacity) for decades...
Read 5 tweets
15 Oct
Very much enjoying the galaxy brain take that the obvious solution to temporary, supply chain-induced shortages and price-hikes is to embrace autarky and make them permanent.
Know-nothingism is beyond parody...
Read 4 tweets
15 Oct
Once again, Cosmo Kramer was a dystopian visionary.
Next up, we make sausage
Read 5 tweets
7 Oct
I do NOT like the answer and am in fact calling shenanigans - SHENANIGANS - thereon. That he cited sour cream - SOUR BLEEPING CREAM - as one of the items whose expiration date should be strictly obeyed is the clearest possible sign that Big Dairy has gotten to him. SCANDALOUS.
Here's the TRUTH Big Dairy doesn't want you to read: sour cream, yogurt, butter, most (if not all) of your stinkier cheeses can last for MONTHS beyond the printed date. It's only there to GET YOU TO THROW AWAY PERFECTLY GOOD FOOD & THEREBY FURTHER LINE THEIR POCKETS UNNECESSARILY
Don't let their Expiration Date be YOUR Subjugation Date. Make it a true Liberation Date - for yourself, for your family, for humanity!
Read 5 tweets
5 Oct
They want management to boost their... Chex.
I mean, I doubt they're doing it just for... Kix.
They probably want a contract that's... Bran new.
Read 4 tweets
4 Oct
What am I gonna watch now that baseball season is over?
Early october is a rough time of year for me, what with no sports on. MLB season has ended and hoops season is still weeks away. Sad.
Guys, I'm never gonna root for your dumb teams. It's my dumb teams or nothing. As it should be.
Read 5 tweets

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