if you want people to think long term you need long term stable policies that won't change the next time someone else sits in the oval office or Congress changes hands. you need to commit to a strategy.
This is exactly what is wrong with American culture. Not willing to take risks to build something great.
If I live in a place with constant uncertainty, taking one uncertain bet over another makes little difference.
If I instead live in a place of relative historic stability with (real or perceived) short-term uncertainty, it makes a lot of sense to wait until the relative stability has returned.
8 of the top 10 companies in the world we're started in America in the last fifty years. If you were try to guess where the next world beating companies are going to come from I am sure some will come from China, Europe, South America, but still most from the US. The US still puts the world to shame in putting capital at risk on new ideas.
Betting on insanity is not "courageous risk taking"
Oh, you meant other people's money.
It's Risk vs Reward. Anyone who built something great took huge risks, for a huge return.
There is no return here. At best, you've sunk a ton of capital into a low-profit business that is propped up only by government subsidy.
Because the tariff plans have changed every few days. If the tariffs were stable over 5-10 years, businesses would adapt.
> This is country-level ADHD.
Yes, these tariffs are.
Trump has control of all branches yet isn't passing any legislation. All he's doing is introducing uncertainty.
This is exactly the kind of short-termism that got us to where we are now. Why is it so hard to think on a 5-10 year timeline? This is country-level ADHD. Anything worth building requires long term investments. People in the past used to spend their life building cathedrals that they knew would never be finished in their lifetime, and now you're questioning whether it's worth investing in something that has an expected ROI in 5 years!