Tag: Tariffs

Foxconn Selling Two Empty Wisconsin Buildings After Failed Promises to Bring Jobs to the State

Tina Marie (Ms. Cat)
Source

The manufacturing project became infamous when former President Trump broke ground at the site and red flags became immediately apparent.

Foxconn Selling Two Empty Wisconsin Buildings After Failed Promises to Bring Jobs to the State

Related:

Trump promised this Wisconsin town a manufacturing boom. It never arrived.

Roughly 100 homeowners and farmers were forced to move, sometimes under threat of eminent domain, so their properties could be bulldozed to make way for the campus, according to residents and village officials. The village paid more than 40 percent over market value for that land, officials noted.

Yellen’s Visit To China Has Failed

Tina Marie (Ms. Cat)

Treasury Secretary Janet L. Yellen visited China. There she tried to press the worlds biggest economy on several issues.

Yellen, in Beijing, Criticizes China’s Treatment of U.S. Companies – NY Times, July 7, 2023

Yellen Urges China to Step Up Climate Finance Investments – NY Times, July 7, 2023

U.S. Raises Pressure on China to Combat Global Fentanyl Crisis – NY Times, July 7, 2023

Yellen’s Visit To China Has Failed

Psychopathic hypocrite criticizes China, for using subsidies, when the CHIPS and Science Act gives $52 billion, in subsidies, to semiconductor companies!

TGIF: “America First” Need Not Be Antiwar

Tina Marie (Ms. Cat)

Today’s Trump-inspired “America First” faction cannot be counted on to be consistently noninterventionist and antiwar. That it may lean that way because its chief rival faction is so enthusiastic about foreign adventurism is hardly a firm assurance that it will remain antiwar in the future.

TGIF: “America First” Need Not Be Antiwar

*Disclaimer: The views expressed herein are solely those of the author and may or may not reflect those of Ms. Cat’s Chronicles.

House Republicans Propose The Study Of An Oil Naval Blockade Of China

Tina Marie (Ms. Cat)

The House of Representatives is discussing a move that would effectively amount to an act of war if carried out: a naval blockade on China.

House Republicans Propose The Study Of An Oil Naval Blockade Of China

The following is outdated, especially considering the problems with the US Navy’s LCS ships, but I thought that the bold quote was interesting. I highly doubt that Russia would ever submit to the US!

Related:

[2013] Stranglehold: The Context, Conduct and Consequences of an American Naval Blockade of China

In short, Russia would not only be China’s best hope of overcoming an American blockade, but it would also be the United States’ key to closing China’s transit route through Central Asia and preventing China’s two neighboring oil producers from supplying it with petroleum. In an American blockade of China, Russia’s importance as a swing state cannot be overstated, as is borne out by the observation that “no blockade of China in history has succeeded without Russian acquiescence.”

Unexpected: Studies Suggest That Rather Than Killing Jobs, AI Could Revive The Middle Class + More

Tina Marie (Ms. Cat)

We’ve certainly been talking a lot about the “AI Doomers” who insist that AI is all too likely to destroy humanity. However, even people who aren’t fully on board with the existential threat of AI do often say that, at the very least, it’s going to destroy jobs for most people, potentially creating huge problems. For years now, people have been arguing for universal basic income, in large part, because they think that automation and AI will take away everyone’s jobs. I mean, it was a core plank of Andrew Yang’s silly run for President.

Studies Suggest That Rather Than Killing Jobs, AI Could Revive The Middle Class

Related:

[2017] “Another kick in the teeth”: a top economist on how trade with China helped elect Trump

David Autor believes both these things to be true: one, that Donald Trump’s diagnosis of trade with China as the source of woe for countless American workers was both accurate and a crucial part of his appeal on his march to the White House. And two, that Trump’s plan to help those workers by cracking down on trade is likely to backfire.

How much did Trump-era tariffs on China cost Americans? New US findings confirm ‘self-inflicted harm’