America cannot eternally capture a disproportionate share of global wealth, even with such rent seeking moves. It's unsustainable.
We had a golden age after WW2 when we were the only undamaged industrial economy but that age has ended.
America cannot eternally capture a disproportionate share of global wealth, even with such rent seeking moves. It's unsustainable.
We had a golden age after WW2 when we were the only undamaged industrial economy but that age has ended.
Another would be to remove burdens off companies that are better handled by the collective of society, via the government. Take universal healthcare. An often unnoticed benefit is how it would shift liabilities off the books of a huge number of companies, from the auto manufacturers to smaller businesses. A tax is a much easier and simplified expense to deal with over legacy healthcare costs that can weigh down a business. It also has a secondary knock off effect: employers can't use it as a pair of handcuffs. In all likelihood, an unintended side effect of universal healthcare would be an increase in entrepreneurship from the middle class. People who would otherwise be handcuffed to their job because of health insurance.
Somehow, the lesson everyone took away from the G.I. Bill was not that the government providing robust funding of social services (IE college, home ownership) works. That part is seemingly ignored by the vast majority of the conversation around the 'good times past' that many Americans romanticize.
Too many of my fellow citizens are prioritizing their own short term gains over the long term health of the community and society in which they were empowered by to get ahead in the first place. This will inevitably crater quite spectacularly bad.
I think you misunderstand the point of the system.
It would surprise you to know that Booz Allen laid off 3k people last month then, huh?
Or Boeing laid off 3200 people in September 2025.
You should look these things up before you pop off like that. Three minutes of research is all it takes.
You missed the point entirely, and if you were to take a few minutes to look this up you’d know that
This is an old, and well tested strategy.
E.g. Commodore International formally had its head office in The Bahamas, but the entire leadership team worked out of the US.
You can try putting more constraints on what will get a company considerd a US company to catch those kinds of structures, but as you indirectly point out, there are really only downsides to playing that game.
Just to name one (even if it’s not American): Canonical.
It (canonical) is registered in the isle of Man, a fairly known tax haven.
Good point, i had not thought of that!
It's your fellow countrymen who are peddling the policies that, at the margin, push those investments overseas.
The majority don't care so long as they have enough food and shelter and healthcare.
The whole scoreboard based on bank accounts is all made up wankeroo.
Let's just have AI avatars fight for gloating rights; Goku beat Superman on PPV so Japan gets to host the inter dimensional cable world cup! And otherwise keep the biologically essential logistics flowing cause that collapse is when the meat suits will toss aside socialized truths of history and go crazy primate.
I'd like to see a serious study about the word "fiat" and whether it has been used to make a single valid economic argument in the last 30 years (auto maker excluded)
Just kidding, I know it has not.