Sublime

reading through "the reindustrialization of america", a 1982 book from the entire team of business week, which was a crying plea and blueprint to save the economy. this is what we gave up. https://t.co/8SqmTMJscR

For something written in 1994, the last chapter of this was ... very very prescient about the decline of the defence-industrial base https://t.co/vdVLtvwB8y

The “Tech Right” is just one faction in a rising alliance of thinkers, policymakers, and industrialists that spans the political spectrum, united by their focus on accelerating American innovation to drive growth and global primacy. I’ll refer to this blob as the “progress coalition.”3 They are the most dynamic and interesting policy machine on the... See more

But analysts in the Navy’s official think tank came up with a new strategic idea: finite deterrence . All the U.S. needed, they argued, was enough nuclear weapons to destroy the 100 largest cities in the Soviet Union; this could be done with a mere 640 mis -siles in 40 submarines

In late 1970, Lockheed was near bankruptcy because of the large debt they had built up to fund the L-1011 Tristar commercial aircraft program. They approached the Nixon administration for a $250 million loan guarantee to avoid insolvency. That is about $1.9 billion in today’s dollars. Here was an opportunity to transfer the assets to a private... See more