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A comment on U.S. Economy Contracts at 0.3% Rate in First Quarter. Parent comment

Re:U.S. Economy Contracts at 0.3% Rate in First Quarter by Moto7451 on Wednesday April 30, 2025 @09:43AM (#43845135)
The strategy of the US has been Hegemony. Friendly foreign partners were intended to take over industries we did not want in our own backyards for political, diplomatic, economic, or environmental reasons. For a stint in college I was an International Relations major and this was 100 series education. At a basic level this is discussed as the “Pollution Haven Hypothesis.”

https://en.m.wikipedia.org/wiki/Pollution_haven_hypothesis

A political/diplomatic example is rebuilding the Japanese Steel industry after WWII so they could regain self sufficiency. Until we decide to shoot ourselves in the foot hard enough we’ve had a consistent trading partner in high quality steel ever since.

The current “strategy” is painful because it has the weight of the past 60-70 years working against it.

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Re:U.S. Economy Contracts at 0.3% Rate in First Quarter by SpicyLemonZest on Wednesday April 30, 2025 @10:54AM (#43846139)
I dunno. This reads to me like an attempt to retroactively justify the effects of US policies that were aimed at a different purpose. I don't think I've ever seen an American politician say that they'd prefer for industry X or Y to be located in a different country.
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Re:U.S. Economy Contracts at 0.3% Rate in First Quarter by vel0city on Wednesday April 30, 2025 @11:19AM (#43846505)
Just going to ignore the Marshall Plan and Reverse Course policies then I guess?

https://en.wikipedia.org/wiki/Marshall_Plan

https://en.wikipedia.org/wiki/Reverse_Course

This isn't some retroactive attempt to justify something. This was the actual policy at the time.

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Re:U.S. Economy Contracts at 0.3% Rate in First Quarter by SpicyLemonZest on Wednesday April 30, 2025 @11:44AM (#43846833)
I don't think either of these policies intended or caused other countries to "take over industries we did not want in our own backyards". In the 50s and 60s the US still ran consistent trade surpluses.
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