@MIGHTY1289790@Templarpilled It was for the greater good. An Invasion of Japan would have been more destructive and could have resulted in geopolitical situation similar to that of the Korean Peninsula.
@KareemRifai It is wholly consistent to support one's country being a space for refugees while opposing entanglements abroad. While it might pain her family, Zarutska's death must be remembered for the sake of inspiring domestic change.
@MakeUSAVAT No, he recognizes that governments jeopardizing trade talks over media policy is ridiculous. The only valid reason for walking away was that the U.S. wanted future say on new Canadian Trade deals. Then again, the American reason for why was justified as well.
@SupportDeSantis@AmericaAeterna A justified move. The most AI-exposed firms lead in payroll growth due to the productivity gains that AI enables. Supporting Data Centers means supporting the infrastructure that enables those gains. The indirect effects compound. This is often ignored by critics.
@EvangelosNikos@growing_daniel In Musk's case, yes; In Altman's, however, no. Altman financed an 8-year basic income pilot. In full disclosure, the results of this pilot led him to deem UBI an insufficient response to Automation. He now advocates what he calls "Universal Basic Compute" + Public Wealth Funds.
@EvangelosNikos@growing_daniel Those Billionaires like Musk and Altman have proposed alternative financing mechanisms. For the economy of today, a consumption tax. For the post-AI economy, Musk, for example, proposes the government print money to finance UBI, so long as money growth is productivity-tied.
@EvangelosNikos@growing_daniel Some Billionaires actually support wealth taxes such as Tom Steyer and Jensen Huang. Those who oppose it have legitimate reasons. Their wealth is tied up in company stock. Forced liquidation would reduce productive capacity as well as their control over their firms.
@scottsantens The productive capacity enabled by AI is a prerequisite for UBI. Right now, the most AI-exposed firms outpace their peers in both wage and employment growth.
@RealAlbanianPat If the claim that the Americans wanted to have a say in future Canadian trade deal with other countries is true then yes. Retaliation, however, is unjustified. We cannot win a prolonged trade war. We must pursue unilateral trade liberalization.
@pinkishlefty Empirically, we know what happens when housing is free. It leads to shortages and poor quality. In Cuba, for example, 40% of homes are in disrepair and there's a nearly 1M unit shortage.
@MakeUSAVAT The reality is that the United States would win a prolonged trade war with Canada. It's has the economic capacity to absorb what Canada cannot. Pride dictates retaliation, reason does not.
@MakeUSAVAT From a Business Council of Canada study on unilateral trade liberalization. As you can see exports rise. In his article, Geloso explains why. Due to globalized supply chains, currency appreciation, and barriers to FDI, import tariffs function as an export tax. Hence unilateralism
@sparks_of_mars@growing_daniel Oh, and as a side note. The most AI-exposed firms currently lead in both employment and wage growth due to productivity gains.
@sparks_of_mars@growing_daniel Y'all forget that people, not corporations vote eh. Despite popular perceptions, most government spending already goes to public social programs. In this case, it's basic economics. Profit is threatened if real consumption plummets. The incentive is there. Why do you oppose UBI?
Canada’s response to American tariffs should be incredibly simple: slash our own tariffs and trade barriers. And do not impose counter-tariffs.
Think about what retaliation actually means. Trump imposes a tax on Americans who buy Canadian goods. So our response is supposed to be…imposing a tax on Canadians who buy American goods? How exactly does making Canadians poorer punish Donald Trump?
If the Trump admin wants to shoot itself in the foot, the Carney government is under no obligation to shoot Canadians in the face with a twelve gauge shotgun for the sake of "reciprocity"
Instead, open Canada up. Eliminate tariffs. Eliminate non-tariff barriers. Make it cheaper for Canadians and Canadian firms to buy goods and inputs from Europe, Asia, Latin America and everywhere else. Give Canadian consumers more alternatives to American products and Canadian producers cheaper inputs with which to compete.
And no, free trade does not require the other guy to be smart enough to reciprocate. Historically, a huge share of trade liberalization has been unilateral. This is especially true for small economies like Canada!
The best response to American protectionism is not Canadian protectionism. It is to make Canada more competitive, more open, and harder for American tariffs to hurt.
This the same message I was saying in 2025. Its the same that Canadian free traders said in the 1930s when facing the Smoot-Hawley tariff. Its the same that free traders like Richard Cobden made when arguing against food taxes/tariffs in the 1830s and 1840s.