Mark Blyth

And that's what Biden is trying to do with the Inflation Reduction Act. And if you think about it, Biden didn't take down any of Trump's original tariffs. Trump mentioned that in the debate. And why not? Well, because ultimately, if you're going to rebuild an industry that China's got leaps and bounds ahead in, you have to have tariffs. Otherwise, yours will never be competitive.

And that's what Biden is trying to do with the Inflation Reduction Act. And if you think about it, Biden didn't take down any of Trump's original tariffs. Trump mentioned that in the debate. And why not? Well, because ultimately, if you're going to rebuild an industry that China's got leaps and bounds ahead in, you have to have tariffs. Otherwise, yours will never be competitive.

The real problem with us is just basically, though, they're so far ahead and the technologies are so well known that things like with solar panels, I mean, we could spend billions making American solar panels. And they'll never be as cheap as the Chinese stuff, because ultimately, it's a pretty simple technology.

The real problem with us is just basically, though, they're so far ahead and the technologies are so well known that things like with solar panels, I mean, we could spend billions making American solar panels. And they'll never be as cheap as the Chinese stuff, because ultimately, it's a pretty simple technology.

The real problem with us is just basically, though, they're so far ahead and the technologies are so well known that things like with solar panels, I mean, we could spend billions making American solar panels. And they'll never be as cheap as the Chinese stuff, because ultimately, it's a pretty simple technology.

And they have those huge firms, state-owned enterprises, with all the critical minerals and the polysilicon. It's all made there, right? To make our solar panels here, we need to import the polysilicon from there and turn it into a panel. Just let them do the panel. It's so much easier for them to do the panel.

And they have those huge firms, state-owned enterprises, with all the critical minerals and the polysilicon. It's all made there, right? To make our solar panels here, we need to import the polysilicon from there and turn it into a panel. Just let them do the panel. It's so much easier for them to do the panel.

And they have those huge firms, state-owned enterprises, with all the critical minerals and the polysilicon. It's all made there, right? To make our solar panels here, we need to import the polysilicon from there and turn it into a panel. Just let them do the panel. It's so much easier for them to do the panel.

We should be trying to do the stuff that's higher up the value chain, carbon capture and storage, small nuclear reactors, all the stuff they can't do. But that doesn't supply as many jobs, and it's a bit more of a wild bet. Right.

We should be trying to do the stuff that's higher up the value chain, carbon capture and storage, small nuclear reactors, all the stuff they can't do. But that doesn't supply as many jobs, and it's a bit more of a wild bet. Right.

We should be trying to do the stuff that's higher up the value chain, carbon capture and storage, small nuclear reactors, all the stuff they can't do. But that doesn't supply as many jobs, and it's a bit more of a wild bet. Right.

I would say, did you really evade bad inflation? Was the raise from 0.5% that instrumental in causing the fall in inflation? Or was it kind of like performing a circus trick at the side of the circle while the real action is going on elsewhere? In other words, it was supply shocks. They come along. They dissipate. You're fine. Were the central banks really in control of this?

I would say, did you really evade bad inflation? Was the raise from 0.5% that instrumental in causing the fall in inflation? Or was it kind of like performing a circus trick at the side of the circle while the real action is going on elsewhere? In other words, it was supply shocks. They come along. They dissipate. You're fine. Were the central banks really in control of this?

I would say, did you really evade bad inflation? Was the raise from 0.5% that instrumental in causing the fall in inflation? Or was it kind of like performing a circus trick at the side of the circle while the real action is going on elsewhere? In other words, it was supply shocks. They come along. They dissipate. You're fine. Were the central banks really in control of this?

Were the ones whose magic wand and Jedi mind tricks over expectations really what was driving the show? Maybe it was. I can be open to that argument. But there's also a bunch of other stuff that's going on. So the biggest problem you ever have with diagnosis is a bad diagnosis. Any treatment with a bad diagnosis is not going to work. I think we have incomplete diagnosis.

Were the ones whose magic wand and Jedi mind tricks over expectations really what was driving the show? Maybe it was. I can be open to that argument. But there's also a bunch of other stuff that's going on. So the biggest problem you ever have with diagnosis is a bad diagnosis. Any treatment with a bad diagnosis is not going to work. I think we have incomplete diagnosis.

Were the ones whose magic wand and Jedi mind tricks over expectations really what was driving the show? Maybe it was. I can be open to that argument. But there's also a bunch of other stuff that's going on. So the biggest problem you ever have with diagnosis is a bad diagnosis. Any treatment with a bad diagnosis is not going to work. I think we have incomplete diagnosis.

I think that we need to be more thorough in our diagnosis of what's going on. Because if at the end of the day, you really believe the story is like there's one tool, one hammer, one nail, interest rates recession, kick it out of the system, what you're saying is some of the most vulnerable people in our society are the ones that are always going to have to pay for the costs.

I think that we need to be more thorough in our diagnosis of what's going on. Because if at the end of the day, you really believe the story is like there's one tool, one hammer, one nail, interest rates recession, kick it out of the system, what you're saying is some of the most vulnerable people in our society are the ones that are always going to have to pay for the costs.

I think that we need to be more thorough in our diagnosis of what's going on. Because if at the end of the day, you really believe the story is like there's one tool, one hammer, one nail, interest rates recession, kick it out of the system, what you're saying is some of the most vulnerable people in our society are the ones that are always going to have to pay for the costs.