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instagib 3 days ago

$350 billion investment to avoid tariffs.

“Trump says the investments will be "selected" by him and controlled by the U.S., meaning Washington would have discretion over where the money will be invested.”

hn_throwaway_99 3 days ago | parent | next [-]

It's really astonishing to me how quickly we all (or, more specifically, Congress, which as done absolutely nothing to push back) accept that this is just how things work now.

Like the president deciding exactly where business investment should be made is the definition of a government command economy (remember that "Communism" bogeyman???), which used to be the antithesis of American economic policy (at least in theory), and now we're just all like "OK, cool". It's so sickening.

jacquesm 2 days ago | parent | next [-]

Right here on HN you'll find people that are arguing both that this is good and that the conservatives are rightfully attacking the federal institutions because the state got 'too big'. And in some cases those are the very same people!

palmfacehn 3 days ago | parent | prev | next [-]

At this point the debate has been reduced to which flavor of central planning you prefer or dislike least.

jayd16 3 days ago | parent | prev | next [-]

Really goes to show how full of hot air all the pearl clutching and hand wringing was over any Biden policy.

slt2021 3 days ago | parent | prev [-]

[dead]

dchftcs 3 days ago | parent | prev | next [-]

You can choose to invest 350 billion in the real economy, or 350 million in TrumpCoin.

JumpCrisscross 3 days ago | parent | prev [-]

> $350 billion investment to avoid tariffs

$500 billion for Stargate!

How many of Trump's investment deals from the first term panned out?