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Is immigration just one of those unsolvable problems? Biden's EV tariffs repeat the mistakes of the 1970s
Description
We might need 80,000 new houses a year - or we might not. It all depends on so many imponderables.
One of them being the level of immigration. We now see that everywhere as a problem to be solved. Is it solvable?
Biden is trying to keep cheap Chinese electronic vehicles out of the US. Europe is thinking about doing the same. That's all to protect domestic car manufacturers who don't know how to produce cheap EVs. The Chinese do. We are repeating the mistakes of the 1970s when Japanese car manufacturers figured out how to make cars that consumers want. Western car companies, by and large, didn't know why production techniques that dated from the 1930s were no longer fit for purpose.
Solution: copy Chinese IP! They've been doing it to us for years. Return the favour!
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