Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I don't think the current Republican leadership has any opposition at all to handing over lots of government money to large business to do things!

The problem is that they are far too incompetent and have zero clue about tech, and only understand real estate, that simplest of business that can be executed with mere lizard-brain intelligence.

Tech is also about small startups disrupting large giants, which is completely antithetical to current Republican leadership ideals, where the wealthiest get all gains, regardless of who does the work.

It will take many years of full-on Democratic leadership to reconfigure the Republican Party back to a somewhat innovation-friendly business party. Meanwhile the Democrats, under Biden, were by far some of the most business-friendly politicians we have seen in perhaps a century, spurring massive investment in factories and industry, mostly across red states. But because it's a politically incorrect fact, it never gets reported.



It irks me that the current administration points to the steel industry doing well as an example of bringing jobs back to the US. Like great you’ve made an uncompetitive industry more profitable at the expense of every downstream user of that material. Doing the very opposite of what should be done. We’re getting to the point, and have passed it in a few industries, where it’s more expensive to buy raw inputs in the US than refined outputs from China. That is a level of insanity that cannot last.


And to put some numbers on it, there are ~100k steel jobs in the US. So we have kneecapped a ton of other industries impacting millions all to maybe save 100k jobs.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: