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Derrick Moore's avatar

Thanks for the article and the time. Dead on.

Small note, your hyperlink says "Henry Hudson" instead of Michael Hudson

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TomG's avatar

Indeed you connect the dots and for that your loyal readers are grateful. I never liked Twitter as I saw even the best reporters in trying to cram cleverness into a few short bits go wildly astray from proper context. I'll grant that anything that exceeds three sentences is beyond most American's (and I have to assume UK/EU audiences as well) willingness to even bother with. Though they have all the time in the world for a tell-all books on their least favorite persons or other mindless endeavors.

This is really a fantastic piece from start to finish. It IS the American economy exposed in simple, clear form. When we have to compete for the American consumer dollar, it is harder to sell a pig in a poke. There are reliable TV's, appliances, heat pumps, cars and such that continue to innovate and improve. Not because they come from American manufacturing bases, but because global markets and honest competition drive the innovation. Hospitals, pharma, the MIC--none of these need bother with outcomes based investment. They are the monopolies thriving on corporate welfare of the worst kind. They can soak the taxpayer, and so they do.

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