:biden-rember:

  • DrunkUncle [none/use name]
    hexagon
    ·
    2 years ago

    so what happens when re-shored industries (like chip makers) means way higher prices for US consumers/businesses? how does that factor in? the consumers can go on strike as workers, companies can get rid of lots of BS white collar jobs, the government can further subsidize production or capital investment, but in a few decades that creates an upward spiral in wages and prices or the government runs out of money it can borrow with bonds... but that is a long ways away.