Miscellaneous News
- Thread starter bd popeye
- Start date
Yep. The research papers are leading indicators, on the future, but for now, US productivity is substantially higher than China. No one seems to be disputing this, but instead, qualifying it on what will happen in the future.
And the original point was about the present productivity differences. Appeals to the first derivative are irrelevant.
A healthcare industry that charges $1000 for an ambulance ride is not more productive than a healthcare industry that charges $0 for a ride.
Productivity is output over input, the fallacy with western economics is equating revenue with output, for every $1 of revenue there need to be $1 of expense, real output is how much you get for that $1.
Case in point, the fact that US defence industry generates 4x more revenue than Chinese industry while producing a fraction of Chinese output does not make them 4x more productive, it makes them 4x less productive. The fact that GM generates 2x more revenue per car sold does not make them 2x more productive than BYD, it makes them half. This extend to every other industry.
American productivity is FAR lower than China, if not they would not be paying more on debt servicing than military budget.
This must mean that the many people discussing the increasing difficulty to meet basic living needs is all a collective hallucination.
I see now! The American people are hallucinating the poor state of the US economy because Communist agents have slipped some kind of mind-altering chemical into the water supply!
The brilliant economists of America (whose closest interactions with the peons on the streets are through spreadsheets) surely have more knowledge about the economy's impact on the living conditions of the citizenry than the citizenry themselves! The masses are blind, they must not fall victim to their faulty senses! The economists will guide the citizenry to the glorious truth:
Americans live better lives than they did before! And besides, the happiest people live the simplest lives! Anything bad going on with the economy is only the result of foreign meddling, and everything will be better if you just work harder for the American dream! And remember, when it comes to fuel prices (or any prices, really): "Four is good! Two is bad!"
Also well known was that almost the entirety of US manufacturing productivity growth in the last 20 years was a statistical mirage.
People were mistaking price differences year to year of a computer chip for real output growth everywhere.
If your hot NVIDIA AI chip is temporarily 10 times more expensive because of a supply shortage. It doesn't mean the manufacturing technology suddenly became many times more productive from last year.
And that growth somehow was treated as sector wide manufacturing productivity growth instead of a distortion that screwed US policy for decades. That's why people who overly focus on macroeconomics and the 'big' picture are revealing they don't actually know anything specific, to the point of being actively harmful.
manqiangrexue
Brigadier
Absolutely
Which is why China is currently the leading exporter of high tech and you said you can sell real tech but not vaperware?
Well, if you're too scared to read any of the posts disputing it (and I know you can see those posts because that's how "ignoring" someone works here), then I guess nobody's disputing it, right? LOL Sounds like the presentation ranking countries by drone tech with the asterisk at the bottom written in 3 font, "Not including China."
Which only show China overtaking the US before it has even ramped up to its true potential.
We typically learn about first and second derivatives way after learning what a percentage increase means so you'll have to just understand why nobody takes you seriously.
Also the Telegram dude
How did CIA lost control of their assets? Or is this 55th dimensional psycho ops info wars?
It’s pretty much this in a nutshell. They had a good thing going for them before Reaganomics poisoned the well.
it takes time to arrange these drone launchers they have less range and speed due to size and i am sure you wont find Bus park next to it in real conflict.
several concepts are working in Ukraine. Drone launched from rocket system that quickly goes to designated area for surveillance.
Dorne launching anti tank missiles with AI. They still not reveal parameters. but they are not the big TB2 type drone.
a slow drone launched that loiter at distance but release a rocket for quick observation without exposing drone to counter measures. this one seem the most complex.
