4. Bump up the capital gains rate to income tax levels. Our country is too much about the financialization of all assets and not about the creation of real good valuable things. Smart kids go to wall street instead of inventing because thats' where the money is.
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5. Reindustrialize our nation. Because the factory floor is in China, we miss out on all the innovations that happen there.
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6. Stop all immigration but merit-based innovation. No more chain. No more lottery bullshit. Just take the best and brightest. Make America a multicultural melting pot of the brightest minds the world has to offer in the best location on earth.
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7. It's time for the government to step in and stop people from pumping sugar into our bodies. It's killing us and it's totally unnecessary. The food pyramid is not right for most americans.
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8. Power through and fix health care. Either go all private or go all public (out of my area of competence here), but none of this corporate cronyist rent seeking moral hazard agency problem bullshit.
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what else - let's go! enough of this wishy-washy "let's build" bullshit
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**crickets** oh well I guess time to move to China 我欢迎我们的新霸王
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9. Here’s a controversial contrarian one! America needs to raise its testosterone. Testosterone in men has been falling after controlling for the likely culprits (not sure I totally believe the controls but whatever). If we can get it...up, we will start taking “risks” again!
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The tweets associated with Andreesen's article strongly support this better article from
@danwwang: https://danwang.co/definite-optimism-as-human-capital/ … h/t to the Nigerian dude Yemi who's twitter handle I cannot find who reminded me.2 replies 0 retweets 2 likesShow this thread -
Replying to @Molson_Hart @danwwang
Good essay. 1. Does our service sector exist mainly to sop up the excess productivity of mfg? 2. Service comp is artificially high, particularly for low value work aka BS j8bs. 3. Chasing higher value work means the US is on the trajectory described in The Innovator's Dilemma.
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1. Don’t think so. Perhaps excess productivity in other areas like software or finance. 2. In some places yes. 3. Agreed. We are there.
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Replying to @Molson_Hart @danwwang
We call software a service, but it looks a lot like mfg these days, with several (sometimes very many) new releases every day. Financial service productivity: Overall, the same %GDP is required to intermediate the same %GDP of assets/liabilities as it took 130 yrs ago.
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Agree re first point. Don’t understand your second.
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