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So yeah... Someone IRL told me that the Inflation Reduction Act is helping to "revitalize deindustralized communities"... (hexbear.net)

submitted 2 years ago by [email protected] to c/[email protected]

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I didn't feel like getting into it but my god.... People are really buying in to the whole Bidenomics bullshit

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[–] [email protected] 7 points 2 years ago (2 children)

Is it not? It's hit European green energy and chip industries hard in favour of America's and a few other industries

Not saying it's like, gonna reindustrialize America but it has helped

[–] [email protected] 7 points 2 years ago* (last edited 2 years ago) (1 children)

Re-industrialization is never going to happen in America because that means higher wages, more labor movements, more strikes, which means very bad for the banking class (who benefit off Americans being consumers rather than workers) and the capitalists (who want to depress wages and maximize profit).

They spent the last 50 years de-industrializing America just to get to this point where they are virtually untouchable, there is no way they’re gonna want to go back to a more precarious time (for a capitalist).

[–] [email protected] 2 points 2 years ago

I do think they are going to spend a bunch of money pursuing robotics, only to realize too late that you will still always need at least one person per machine.