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Biden really, really doesn’t want China to flood the US with cheap EVs
(www.theverge.com)
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this post was submitted on 10 May 2024
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Something something free market
Might be a valid argument if China didn't play currency games.
Also, the protectionist in me wants American heavy industry to continue to exist.
Imagine believing that China is the only country playing "currency games".
It's all just imaginary numbers based on printed paper.
I want American heavy industry to be good enough to continue to exist. Otherwise we're just a house of cards waiting for a stiff wind.
Hey, capitalism is only good when it makes the rich richer...
China flooding the market with cheap EVs still makes the rich richer... Just different rich people in a different country.
Right... Except the average person, we can't have that
Yes, but then the more people can afford to buy EVs. Under the current system you need to be well off to buy one, vs an ICE.
The free market is propaganda to trick people into thinking capitalism is somehow ethically solvent.