thoughtstheseus

Joined 9 years ago

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Thoughts of Theseus
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Comment · 8 months ago
Great point. Many Americans would prefer to buy (given) a flying car vs. build a flying car. Personally I believe there is dignity in self determination. To each their own.
Comment · 8 months ago
You also lower the profits from the exporting country (China) through reduced volumes. China has been on a massive productivity growth agenda that is only sustained through open trade and exports.
Comment · 9 months ago
That’s the goal. The current USA admin wants the 10k STEM PhDs to move into the private sector.
Comment · 9 months ago
They’re the wrong numbers and people misunderstand the numbers. The consumption basket for CPI (food) is determined by consumption surveys. Not desire or historical consumption. You can have less and lower quality food with a rising spend on food.

For example, food away from home is down. People cannot afford to go out to eat as much. Rather than reflect the higher cost of going out to eat, the consumption basket reduces the proportion of food away from home.

There are also hard limits on food spending. People have limited money. Instead what you seeing is a continued increase in SNAP and record food bank usage.

Make no mistake. The young family or median person is worse off with food security today despite spending more.

Comment · 9 months ago
Yes. USA financial markets are the envy of the world. Lots of capital which flows quickly.
Comment · 10 months ago
Agree it will land more stable for most parties but it will be turbulent getting there. Global free trade under the USD has created many structural fragilities. Principally that we have global overproduction outside the USA.
Comment · 10 months ago
That’s entirely the point. Leave the USA financial system or contribute more. If you pick an single alternative currency I’ll run through the reasons why most would choose the US Dollar.
Comment · 10 months ago
Some dude at Treasury even wrote a book about. Juan Zarate, author of Treasury's War: The Unleashing of a New Era of Financial Warfare.
Comment · 1 year ago
$30B over ten years to reduce blackouts and grid instability is a good deal. For reference, the 2021 Texas blackout caused ~$100b in damage.

Very very few people in the power industry want to run coal plants- but they cannot in good conscience turn them off. The whole “turn off the lights” mantra is not funny. It’s unfortunate the grid is fragile and facing increased demand. Operating coal plants, preferably at zero or super low utilization rates, for another ten years or so until the grid is more resilient seems reasonable.

Comment · 1 year ago
If litigants receive relief through a PI, it addresses their specific harm. Extending it nationwide may be unwanted if other jurisdictions have different views on the policy. The Supreme Court’s ruling ensures relief is tailored to the parties or district, preventing a single district judge from dictating national policy.

While federal law applies uniformly, reasonable people and courts can disagree on controversial issues. Localized PIs allow diverse judicial input and foster a broader dialogue before a final ruling.

Court shopping for nationwide injunctions, common in cases like Obama’s DACA or Trump’s policies, lets one judge halt national policy…

Affirming a democratically elected executive’s mandate, Obama with DACA or Trump with immigration reforms is reasonable and respects the separation of powers.

IMO Congress needs to act more effectively, passing clear laws on issues like immigration to reduce reliance on executive orders and judicial battles.

Comment · 1 year ago
If you win in lower court you can still bring the case to the Supreme Court to create national uniformity. One of the consolidated cases for Brown vs. Board of Education won in Delaware while others lost.

That is the appropriate way to determine national uniformity in law.

Comment · 1 year ago
South Korea looks like they are pursing nukes already.
Comment · 1 year ago
Funny thing about a recession now is you can have standards of living increase for 10s millions of people due to how concentrated consumption and wealth is. Weird times
Comment · 1 year ago
That makes sense to me. They both banned Samurai swords.

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