Sine_Fine_Belli@lemmy.world to News@lemmy.world · 10 days agoUS inflation unexpectedly increaseswww.bbc.comexternal-linkmessage-square171fedilinkarrow-up1560arrow-down121
arrow-up1539arrow-down1external-linkUS inflation unexpectedly increaseswww.bbc.comSine_Fine_Belli@lemmy.world to News@lemmy.world · 10 days agomessage-square171fedilink
minus-squareshawn1122@lemm.eelinkfedilinkEnglisharrow-up2arrow-down2·edit-210 days agoHis rationale is to slowly bring that production back to the US. Can the US even make enough steel to meet its demand domestically? The theory is that it’ll hurt for 5 to 10 years but be economically beneficial in the long run.
minus-square_stranger_@lemmy.worldlinkfedilinkarrow-up4·10 days agoHe doesn’t have rationale. He could just pass laws to require more steel production, even subsidise it, which would work faster and not be painful, but that kind of planning and forward thinking are beyond a conservative.
His rationale is to slowly bring that production back to the US. Can the US even make enough steel to meet its demand domestically?
The theory is that it’ll hurt for 5 to 10 years but be economically beneficial in the long run.
He doesn’t have rationale.
He could just pass laws to require more steel production, even subsidise it, which would work faster and not be painful, but that kind of planning and forward thinking are beyond a conservative.