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386 points z991 | 1 comments | | HN request time: 0.226s | source
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drjolly ◴[] No.44361936[source]
I think this is pretty consistent with the old school 1950s views of the current administration. Companies can prioritize profits over people again. Yeah, dump in the rivers, dump in the woods, just drive around in circles dumping in an empty lot. You don’t need masks- give everyone cancer and blow some shit up, maybe get some acid burns. Super-fund sites? When was the last one we had anyway- we need more of ‘em- lots more! Let’s let the kids eat the lead paint and complain of the smells wafting into their cars from the chemical, paper, etc. plants on road trips, just like the olden days!
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userbinator ◴[] No.44362018[source]
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1. heavyset_go ◴[] No.44362164[source]
> The US saw how China rose to dominate manufacturing, and would like to go back to being a manufacturing power again.

If that were the case, the US would be dumping trillions into spinning up manufacturing like China did.

The US has the power to do this, they did it during WWII, and like it or not, this current era requires heavy strategic investments that may not produce returns for decades, if at all. It's what China is doing and if the US were trying to compete, they'd do the same. We were getting somewhat close to this with the CHIPS Act, but that's on the chopping block[1], too.

Truth is US capital is happy to sell off manufacturing capability to cash in on cheap labor, and there is no monetary incentive to re-shore manufacturing capacity unless the government provides serious incentives or does it themselves.

[1] https://en.wikipedia.org/wiki/CHIPS_and_Science_Act#Subseque...