Re: OT: Trump TARIFFS...!!! ;-D

On 2/5/2025 11:57 PM, Leonard Blaisdell wrote:

On 2025-02-04, Dave Smith <adavid.smith@sympatico.ca> wrote:
 

Back in 1916-17 the US was an industrial powerhouse and when they
finally decided to get involved in the fighting they had a hell of a lot
of arms and equipment. Then in the 1940s they put their industrial
capacity to arm the Allies. When the Japanese made the mistake of trying
to pre-emptively knock the US out of the war they unleashed that
industrial might against the Axis.  I am not sure they could pull that
off again.

  Now, a little over a hundred years later, China is the industrial
and technological powerhouse, thanks to Western stupidity, ennui,
greed, misplaced beliefs, and most importantly, rules and regulations.
 We exchanged "military/industrial" with "federal-government/homeless"
long ago. Who will win WWIII?
 Way to go, Us!
 

Much of that is greed.  A CEO making $1million a year found that by offshoring they can increase profits and pay him $10million a year.