Senator Bernie Sanders and senator Elizabeth Warren at the debate last night tackling topics like Climate Change, tariffs and trade. You outcompete them and put chief manufacturing officer in place to make sure we rebuild the manufacturing base, we have to fill the factories, we have to fill them with workers that are making batteries, charging stations, making sure making solar panels. Senator warrens plan basically that she would put out we would not be able to trade with the United Kingdom. We would not be able to trade with the eu, its so extreme. Thank you, congressman. What the congressman is describing as extreme is having deals negotiated by the American Workers for American Workers. American workers want those jobs and we can build the trade deals that do it, people want access to our markets all around the world, then the answer is lets make them raise their standards, let their workers unionize, Environmental Standards before they come to us and say they want to be able to s
Diversification’s downside: resilience has a price
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Benjamin Roth’s
The Great Depression: a diary isn’t the cheeriest of reads. Roth was a lawyer, practising in the 1930s in Youngstown, Ohio – an industrial town that was home to several steel companies.
Booming during the 1920s, it had been badly hit by the Great Depression that began with the financial crash of 1929. Roth’s diary, published in 2009 at the instigation of his son and grandson, meticulously recorded the period from June 1931 to December 1941.
Very much an amateur economist, Roth recorded many of the predictions that were variously made during those years – and fascinatingly, subsequently went back to them as the years passed, to record how they worked out. Reading it over the weekend, I spotted one such update dating from 1962, two decades after the diary closed.