Comments by "Neolithic Transit Revolution" (@neolithictransitrevolution427) on "U.S. Industrial Power Is Back." video.

 @thephoenix215-po2it They make Navy ships still
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@Hession0Drasha Ya and then those colonies leave you and put up tariffs.
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@thephoenix215-po2it they still outclass China in building Nuclear Submarines and i would argue in a peer to peer conflict surface vessels have limited use in modern times. But certainly I agree China builds far more ships, naval and conventional. i was just trying to point out there is an industry in existence to grow on, rather than having to start from scratch
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@Omer1996E.C Yes but capital subsidies are far more effective than tariffs. One means a more competitive market, the other less.
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Do you here what you're saying? Its like saying a business taking on debt can't invest... thats how they invest.
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Unironically Biden is one of the best Presidents in History and certainly the best is Decades, and this is the main reason. Under his tenure the US has returned to an economic power. It's a shame the next president will get the credit for his national success while he takes the blame for Global issues.
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You didn't need the AI, and "Automation" was sufficient 100 years ago.
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@DBLt4p I certainly agree that any blanket statement is never entirely true. And i would agree tariffs have a purpose, but I would suggest they are more valuable in a putative role than as economic policy. A tariff is equivalent to putting international sanctions on you're own country, they protect local industry by eliminating competition and lead to long term stagnation, and they invite foreign countries to put up tariffs in response. The Smoot Hawley tariffs were a key factor in causing both the great depression and the Pacific theater of WW2. Good industrial policy is based on building local value chains that create expertise and provide competitive advantage internationally. Look at Japan or Germany, you want your cars to win in other markets, not be protected in your own. Part of that is building infrastructure in a deliberate manner, and part is making policy that encourages industry to believe investment will be profitable. That's not to say all capital subsidies are best practices. You don't generally want to be picking particular projects, and things like corporate tax deductions don't generally align with real investment. Likewise blanket, fixed dollar tariffs are not as useful as percentage based tariffs on select goods with alternative suppliers and often which are important exports to the targetted country. Overall I would stand by the statement capital subsidies are better economic policy than tariffs, and do a better job at pulling international best practices and technology rather than encouraging the continuous use of older strategys and equipment that can't survive in global competition.
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@everwinter0 the defects associated with an aircraft carrier are a lot more complex than an oil tanker; one has to float, the other has to float while being bombarded with anti ship missiles and launching aircraft. Again I'm not glorifying the US ship industry. I'm just saying that if it was desired, the US isn't building an industry from scratch, there are supply lines and dock yards and skilled labor to build off.
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@Connor_Roush okay, but the US has been self sufficient in food for... decades? Ever? I'm not saying it doesn't work I'm just saying it isn't needed.
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@Connor_Roush as long as we stress the term "sufficient" and aren't bucking all global trade I agree, or at least NAFTA should be. But my point isn't against self sufficiency, my point is AI doesn't change to equation and "automation" is vauge but the automation needed has been in use since your parents were born.
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