I say we are seeing tons of garbage and no industrial policy.
I had to start my thread on economics to say this.
Maybe that is a good thing. Our last industrial plan was to buy into globalization and move the US industrial plant overseas.
In 2022 we passed a lot of acts that gave us a strong industrial policy. It needs further spending and acts passed.
Right now we are getting into all sorts of garbage but no industrial policy.
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Looking at this more supply-side econ instead of demand-side econ. Yet we are in a period of demand-side economics. His policies will fail.
This new industrial plan is a global depression. We should win.
The plans are bad. The numbers do not work.
I just saw the market results. NVDA took the beating it deserved. And it will take many more beatings in this market.
The market sees ignorance. None of this stuff is going to work.
On that note the UCONN women play at 7…cya…
If they want a “defense driven economic policy”, then keep suing them to infinity. They will always be unable to fund the cost of defending unjustifiable policies.
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