Remix.run Logo
▲ toomuchtodo 3 hours ago

Top talent exists domestically, this is to hold wages down. It’s fine to impair the import conveyor and see what happens. If and when there is a labor shortage or wages spike horrendously (highly unlikely), certainly, we can revisit.

Neoliberalism ignored domestic worker concerns for shareholder returns and corporatism, and an alternative was offered, here we are. It’s a natural experiment we might not otherwise had had the opportunity to run.

▲onlyrealcuzzo 3 hours ago | parent | next [-]

You are correct.

It also exists non-domestically...

▲toomuchtodo 3 hours ago | parent [-]

If the US can bully countries into releasing 100M barrels of their own petroleum reserves, what makes you think the US can’t solve for that too? Other countries!

Everyone has a leverage point, everyone has a point at which the pain is worse than the ask. Companies and executives are easy, and usually of weak constitution. They fold fast, based on the evidence so far. US Big Tech fell in line super fast, right? “Fall in line or else.” If trillions of dollars in enterprise value and the resources it commands won’t save you, I’m unsure if anything else would.

It’s not right or wrong, it just is. We are living through a “might makes right” era. It’s not the first, won’t be the last (if history is our guide). This too shall pass.

▲superdisk 3 hours ago | parent | prev [-]

> wages spike horrendously

Anything but that!

▲gadders 2 hours ago | parent | next [-]

WON'T SOMEBODY THINK OF THE SHAREHOLDERS!!

▲ 2 hours ago | parent | prev [-]
[deleted]