The Messed Up Truth About The Louisiana Purchase

American Progress, 1872.

The Louisiana Purchase is usually presented as an incredible, inspiring moment in American history in which President Thomas Jefferson, wise, benevolent eyes twinkling under his powdery white wig, made an incredibly shrewd real estate deal with notorious, disgraced French emperor Napoleon Bonaparte and, with one stroke of his giant quill pen, doubled the size of the United States of America for the bargain price of $15 million, or just three cents an acre. What we don’t usually learn about is the negative domino effect this treaty had in terms of inspiring the concept of manifest destiny or the belief that white colonists had a God-given duty to expand across North America and redeem and remake the land in their own image.

The Messed Up Truth About The Louisiana Purchase

America’s $52 Billion Plan to Make Chips at Home Faces a Labor Shortage + manufacturing chips in the US could make smartphones more expensive

America’s $52 Billion Plan to Make Chips at Home Faces a Labor Shortage

Another possible fix would be to keep people in the workforce longer, by raising the age at which workers can begin collecting Social Security or tapping into their pensions or 401(k)s. Yet Harry Holzer, a former US Department of Labor chief economist now at Georgetown University, says that neither feels politically feasible right now. Immigration has been a toxic issue in American politics for years, and Social Security has long been an untouchable entitlement. “None of that is doable,” Holzer says, which means “our labor force growth is going to continue to be modest.”

Related:

How manufacturing chips in the US could make smartphones more expensive

Morcos says a top concern of his is the narrowness of the CHIPS Act. Without bringing related device manufacturing back to the U.S., such as device batteries, sensors, cameras, antennas, and hundreds of other components, the manufacturing process could require the most critical component to be produced stateside, then shipped overseas to be assembled with hundreds of other components into a device that is then shipped back to the U.S. for the American consumer.

Work longer, for less pay, and you still won’t be able to afford the latest smartphone or laptop?! 🤷🏼‍♀️

No, China Isn’t Gobbling Up America’s Farms

Source: US Department of Agriculture

Fears over Chinese purchases of US cropland are vastly overblown. Lawmakers should slow down before imposing damaging new restrictions.

No, China Isn’t Gobbling Up America’s Farms

Related:

Bill Gates: America’s Top Farmland Owner

Bill Gates Finally Explains Why He’s Buying So Much U.S. Farmland

I’m more worried about ‘Farmer Bill’, who claims that he owns “less than 1/4000 of the farmland”.