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Looking Out for #1

3 5
07.04.2025

It would appear that the US and Israel are taking new approaches and giving the international sisterhood of nudniks the boot.

In college, I took one year of introductory economics. The most important thing I learned from the course was that I did not want to become an economist. According to pure economic theory, the globalist approach is correct. Say you have two countries, one producing cotton cheaply and the other doing the same for wheat. Each country has expenses and difficulties growing the other country’s crop. The solution is international trade. The wheat people should just get their cotton from their friends and not bother making cotton themselves. On paper and in Economics 10 at Harvard, if a box of latex gloves costs $5 to consumers if made in China but $10 if made in the US, then Americans should get their gloves from China.

The problems we have seen from this approach are enormous. What happens when there are social, national security, or safety concerns that are not factored into that simple equation? In Lima, Ohio, the government keeps the only tank factory in the country running. There used to be in the day multiple factories making tanks, and in point of fact the US does not need more tanks. It does not export many, lose many or even use many. I believe that the factory primarily fixes or upgrades existing Abrams tanks used by the Army and Marines. The problem that the US faces is that if it closes this uneconomical factory, the United States of America will no longer have any........

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