[Info-vax] [OT] USA

[Simon Clubley]

On 2023-06-19, Robert A. Brooks <FIRST.LAST at vmssoftware.com> wrote:
> On 6/19/2023 10:41 AM, Pizza RAC wrote:
>> 
>> come to the U.S. with Biden in charge no one will ever be able to retire :)
>
> If only the data backed up that baseless statement that the economy suffers
> under a Democrat in the White House.
>
> https://www.nytimes.com/2021/02/02/opinion/sunday/democrats-economy.html
>
> https://en.wikipedia.org/wiki/U.S._economic_performance_under_Democratic_and_Republican_presidents
>
> https://www.thebalancemoney.com/democrats-vs-republicans-which-is-better-for-the-economy-4771839
>
> https://newrepublic.com/article/166274/economy-record-republicans-vs-democrats
>
> https://www.newsweek.com/us-jobs-income-gdp-growth-startlingly-higher-under-democratic-presidents-analysis-1566313
>

That's all well and good Rob, but what happens when China grows a bit
stronger and then decides to show you who the boss is by cutting off
your imports ?

Outside of that, what happens when changing world relationships result
in a decline of the dollar as a reserve currency ? That's where the US
currently gets most of its bullying power from.

In the old days, your military had to worry about protecting your
industrial base from an enemy. These days, all your enemy needs to
do is to threaten to stop sending you the goods they now produce
for you.

Unlike you, China has a strong industrial base, and so is far better
placed to handle that situation than you are. They don't need to
produce the best product on the market to survive the destruction of
the US economy (if they decide to do that), they just need to produce
a product that is good enough.

Think about that if they decide to destroy the Taiwan fabs. They will
survive that (even though they will be badly damaged initially), but
your economy will not.

Both your parties are equally to blame for the situation you are in
and it is a very sad and worrying sight to see.

Simon.

-- 
Simon Clubley, clubley at remove_me.eisner.decus.org-Earth.UFP
Walking destinations on a map are further away than they appear.