Showing posts with label Arsenal of Democracy. Show all posts
Showing posts with label Arsenal of Democracy. Show all posts
August 10, 2018
Sir, John Authers writes of the facts of life that give “Free trade the strange ability to convince everyone, rich or poor, that they have lost by it”, “Nafta’s losers always drown out its winners” August 10.
Tariffs are used to supplant market decisions. Sometimes it could be good, like for instance when making sure your “Arsenal Of Democracy” is fabricated on homeland, but most often it is bad, only helping to enrich those capitalizing on crony statism.
Whatever, in any case there should be much more transparency on who are then going to decide, instead of the market, on the use of all revenues provided by the tariffs.
I argue this because, if for instance 100% of those tariff revenues went to finance a Universal Basic Income, then at least those most hurt would be partially compensated… and the redistribution profiteers would think less favorably of these tariffs.
@PerKurowski
May 29, 2017
Trump might have done Europeans a huge favor by reminding them they have to fight for their own future themselves
Sir, today, May 29, is Memorial Day in the US. That is the day I walk down to the World War II Memorial in Washington, to try to thank those Americans who rescued my polish father from the concentration camp of Buchenwald more than 70 years ago. Had they not done that, I would not be, it is as simple as that.
But today I read Patrick McGee’s and George Parker’s “Europe can no longer rely on US partnership, warns Merkel” all the result of “a new transatlantic rift that has emerged after two days of international summits with President Donald Trump last week.”
Is that true? No! Even when the partnership in World War II depended on very few, in my mind on Roosevelt and Churchill, any long-term partnership of this nature cannot really depend on what temporary leaders opine. If it did, it never existed.
There are of course general concerns. Like should I ask the Americans in the Mall to forgive Europeans for not showing the same interest in carrying their fair share of the defense load? Like, in these times of outsourcing, are the European and American manufacturing sectors able to respond somewhat similar than America did when it built up what Roosevelt called the Arsenal of Democracy, and that without it would have given the war a totally different outcome? Like, in these times of drones doing more and more of the fighting, are our soldiers capable to keep sufficiently of that fighting spirit that at the end of the day will be needed? And there is more… like the huge public debt loads and other minutia.
Sir, and if Chancellor Angela Merkel is sort of indirectly excluding the UK from the European defense, does that mean perhaps Britain should begin thinking about the need of promoting some English Language Empire as a substitute?
I do agree though 100% with Ms Merkel when she says: “We have to fight for our own future ourselves.” That is always the case, no matter what partnership or alliance you find yourself in. Merkel should reflect on the irony that Trump might have done her and all Europeans a great favor of reminding them of that simple fact of life.
@PerKurowski
February 17, 2017
If a manufacturing trade deficit leads to deficits of skills, then that can be something truly serious.
Sir, Professor Robert H Wade when commenting on Martin Sandbu’s “Trump’s love of manufacturing is misguided” of February 15 writes: “manufacturing typically has strongly positive “externalities”, especially in innovation, and that the innovation intensity of manufacturing depends on close, physical links between production and innovation (“learning while doing”).” “Manufacturing has positive externalities” February 17.
Indeed, just think of where you, I and we all would have been, if America had not had that manufacturing capabilities and those skills that allowed it to build up what Franklin Roosevelt called “The Arsenal of Democracy”, and which allowed for the defeat of Germany’s impressive war machinery during World-War-II.
And currently, the possibility of some other nation ending up with 1st class robots, and your own with 2nd or even the 3rd class robots should clearly be a source of much concern to everyone.
My current pray is “God save my grandchildren from being surrounded by dumb artificial intelligence and 2nd class robots”. But that said perhaps intelligent artificial intelligence could be worse, since then we humans might turn into having to be its obedient servers. Who really knows?
@PerKurowski
February 15, 2017
The fiercest manufacturing competition will be for the most capable robots, and there you never want to fall behind
Sir, Martin Sandbu writes “The economic nationalism of President Trump and Messrs Navarro and Bannon can be described as Germany-envy…Like so often with machismo, the envy is rooted in insecurity — a feeling of inadequacy compared with the perceived strength sported by these economies” “Trump’s love of manufacturing is misguided” February 15.
I can agree with much of Sandbu’s arguments, but that part of his article is simply under the belt out of place Trump bashing, which leads to nothing constructive at all. But, having gotten that out of my system, let me refer to another more vital issue.
When you lose manufacturing jobs, you do not only lose jobs, you lose skill-building opportunities; and to be able to retain some of the manufacturing skills in your country could also be part of your national security needs.
To understand that argument it suffices to read A.J. Baines “The Arsenal of Democracy”. Had America’s manufacturing capacity not existed in America, Sandbu would have lived under German rule, and I would not exists, since it was Americans that rescued my polish father from a German concentration camp… so perhaps we should both thank God for American “machismo”, and fret its possible disappearance.
Moreover, since “automation is reducing the need for manufacturing jobs everywhere” one can wonder if the dwindling manufacturing is not a great learning ground for robot and automation development. If so, giving up on that, one could face the serious problem of not ending up with the absolutely best robots.
Sir, I have tweeted: “God, please save my grandchildren from being dependent on dumb artificial intelligence and 2nd class robots”
PS. Of course there is also the great race for the most intelligent artificial intelligence.
@PerKurowski
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