Hacker News Reader

Comment by eplanit | Hacker News Reader

What experiences with which government would lead you to believe that bureaucrats -- most of whom have never run a company nor made a product -- would be capable of "managing the market"?

View on HN

I'm not sure experience running a company is necessarily a good thing here, or at the very least, not pertinent. Wall St.'s and the American people's interests are not necessarily in line. The US' previous president ran some companies and did not really do a good job in this regard, either, wrt his trade wars.

You're simply wrong. The US's economy was doing _great_ under the previous administration, and even top Democrats agreed that it was right to put strong pressure on China re: trade.

https://thehill.com/policy/international/392636-schumer-on-c...

Great for whom? Wall St. or the common American? Like I said, their interests don't necessarily align. Sure, maybe stocks were up (usually, not when Trump was threatening to shut down the government if he didn't get his wall, though), but that didn't trickle down to everyone and is far from a total picture of the economy. Also, your article doesn't support your claim. Schumer was praising Trump for being tough on China for the sake of being tough on China, not for managing supply chains well.

Seriously? You're using Donald Trump, who specialized in brand licensing and being a television character, as an equivalency to all the manufacturing engineers and supply chain specialists working to resolve the problems created by a global pandemic that's killed millions of people?

The amount of disrespect to highly skilled professionals in this thread working like crazy to respond to a massive exogenous shock, and then following it up with the idea that "well, the government should fix it" with no specific idea of how exactly, the government would fix it, is mind-bending.

Reply on news.ycombinator.com