There are many things to criticize about China but they are absolutely to be admired in how they focus on building for the future.
The problem is that American industrial policy is based on quarterly earnings and not long term health of the republic as a whole. Biden's IRA program was effectively a step in the right direction but has been erased. We need our economic incentives to be aligned with long term growth and prosperity for all, not just wealth for those at the top of the dog pile.
The problem is that American industrial policy is based on quarterly earnings and not long term health of the republic as a whole. Biden's IRA program was effectively a step in the right direction but has been erased. We need our economic incentives to be aligned with long term growth and prosperity for all, not just wealth for those at the top of the dog pile.