- cross-posted to:
- usa@lemmy.ml
- cross-posted to:
- usa@lemmy.ml
https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-sheet-president-biden-takes-action-to-protect-american-workers-and-businesses-from-chinas-unfair-trade-practices/
@shipwreck@hexbear.net / @Kaplya@hexbear.net curious what your take is on this from the perspective of MMT. Part of Biden's actually intelligent plan? Or a a huge misstep in his advancement of US imperialism?
Protectionism can be good for a country that’s looking to develop domestic productive capacity and minimize foreign imperial influence. The US isn’t doing either of those things. Not an MMT person but I’d wager it’s closer to a misstep.
you want @Droplet@hexbear.net
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