Comment by AnthonyMouse
2 hours ago
> Government involvement in business decisions, even if indirect, is not a market economy. In a true market economy supply and demand should determine prices and businesses and consumers make the decisions on their respective side.
This is true but not a novelty. The US has been doing all kinds of things to harm its markets for decades, e.g. artificially constraining the housing supply, using tax incentives and manipulating interest rates to goose consumer spending and in the process drive up consumer debt, and let's not even get into all the ways it molests the healthcare market.
That isn't to say that they're good -- those markets are very messed up -- but things like this are bad, not new.
> Trump raised the fee for H1Bs, blocked student visas from 19 countries, and revoked 100k visas for people who were here as students, business reasons, vacation, and other.
The H1B program has been widely abused for a while now and in general the US is in need of significant immigration reform. Many of the things Trump does are stupid, because of course they are, but the general premise of "hey wasn't this supposed to be for researchers and scientists rather than mechanic-level IT work" seems to have something to it here.
You can't say we're importing the best and brightest while also doing everything possible to make it so that someone who is a doctor in another country with a world-class medical system has to basically start over from scratch in order to be a doctor in the US.
And then people will have much to criticize about what Trump is doing. But okay then, so do something better instead of all the doing nothing that was happening before.
> It's justified to cut waste as government spending is a problem but speed and extent of the cuts makes it questionable if a proper assessment was done.
It clearly wasn't. The problem is we need some kind of structural reform -- a system that doesn't allow wasteful programs to accumulate and increase in number over time -- but that would require a functioning Congress, which has instead been doing everything it can for decades to abdicate their role to the executive branch. Which has term limits and therefore the attention span of a goldfish for those kinds of structural problems, and then we end up back in the situation where either no attempt is made to fix it or the attempt is amateur hour because it's attempting a contextual fix to a structural problem.
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