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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Molson Hart‏ @Molson_Hart May 25
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      Perot was right. 'The "giant sucking sound" was United States presidential candidate Ross Perot's phrase for what he believed would be the negative effects of the North American Free Trade Agreement (NAFTA), which he opposed.' https://en.wikipedia.org/wiki/Giant_sucking_sound …pic.twitter.com/l0wfsbZp59

      1 reply 1 retweet 6 likes
    2. David Short‏ @davidgshort May 25
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      Replying to @Molson_Hart

      Looks like unemployment has rarely been above where it was in ‘92 other than Great Recession and last few weeks. I’m sure manufacturing is way down, but free trade is generally good for total employmentpic.twitter.com/ySsAMdGgIf

      1 reply 0 retweets 0 likes
    3. Molson Hart‏ @Molson_Hart May 25
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      Replying to @davidgshort

      First, gotta look at labor force participation rates. Second, good luck showing a causal link between lower unemployment and free trade policies. I'd be willing to bet that countries only engage in them when they think they can "win" free trade.

      1 reply 0 retweets 1 like
    4. Molson Hart‏ @Molson_Hart May 25
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      Replying to @Molson_Hart @davidgshort

      '92 was a recession. So much for free trade causing unemployment, so says this graph.pic.twitter.com/7A9Zplux9n

      1 reply 0 retweets 0 likes
    5. David Short‏ @davidgshort May 25
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      Replying to @Molson_Hart

      What protectionist measures would you like introduced?

      1 reply 0 retweets 0 likes
    6. Molson Hart‏ @Molson_Hart May 25
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      Replying to @davidgshort

      Before I go down that rabbit hole, you gotta take the L on that one right? I mean...none of these graphs show causation but labor force participation was pretty devastating, no?

      1 reply 0 retweets 0 likes
    7. David Short‏ @davidgshort May 25
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      Replying to @Molson_Hart

      Don’t know enough about the data. My guess would be it’s aging boomer retirees, not NAFTA

      2 replies 0 retweets 0 likes
      Molson Hart‏ @Molson_Hart May 25
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      Replying to @davidgshort

      🙄ok. High, permanent import duties on: 1. All high technology hardware 2. Essential products for which we need redundant industry i.e. masks, ventilators, rare earths, steel, weapons, etc. That's all for now

      11:24 AM - 25 May 2020
      1 reply 0 retweets 0 likes
        1. New conversation
        2. David Short‏ @davidgshort May 25
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          Replying to @Molson_Hart

          If we want an industry to be local why tax ourselves to force it vs. subsidizing the local production? What defines high tech hardware? Why specific to hardware? How much of it is currently produced in the US? Is the goal to make all this stuff more expensive for people to buy?

          2 replies 0 retweets 0 likes
        3. Molson Hart‏ @Molson_Hart May 25
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          Replying to @davidgshort

          I don't think subsidies work as well. US solar industry is an example. The goal is locate national security technology and essentials in the United States so we're not dependent on foreign countries in times of hardship. The other goal is to turbocharge innovation here by

          1 reply 0 retweets 0 likes
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