USA vs China Infrastructure 2022|China construction shocks American Engineers.

[jboldeniv]

I thought that this video was pretty interesting to watch.

[#FreeChennedy]

The political system has too many log jams to get anything done.
This is called action lag in economics.

[jboldeniv]

The political system has too many log jams to get anything done.
This is called action lag in economics.

What is "action lag"?

[jboldeniv]

What is "action lag"?

ACTION LAG: In the context of economic policies, a part of the implementation lag involving the time it takes for appropriate policies to be launched once they have been agreed to by policy makers.

[jboldeniv]

The political system has too many log jams to get anything done.
This is called action lag in economics.

I think I understand what you are saying. So you are saying that they are too slow when it comes to implementing legislation that has been agreed to by policy makers?

[#FreeChennedy]

I think I understand what you are saying. So you are saying that they are too slow when it comes to implementing legislation that has been agreed to by policy makers?

exactly

[jasondreamweaver]

This is Chinese propoganda. What about solutions for that pollution?

[jboldeniv]

This is Chinese propoganda. What about solutions for that pollution?

I never really thought about Chinese pollution. If China is polluted, then they need to handle that first. I know, in one video I watched, I saw a whole bunch of dead fish in China's shores.

[jasondreamweaver]

I never really thought about Chinese pollution. If China is polluted, then they need to handle that first. I know, in one video I watched, I saw a whole bunch of dead fish in China's shores.

Because they have less oversight over business which is why the US uses them as cheap labor

But I've always wondered why they never choose the Caribbean or Africa to build manufacturing.

[jboldeniv]

Because they have less oversight over business which is why the US uses them as cheap labor

But I've always wondered why they never choose the Caribbean or Africa to build manufacturing.

Me too. I wonder how come they don't choose Africa as well.

[#FreeChennedy]

Me too. I wonder how come they don't choose Africa as well.

Africa is used for harvesting raw materials instead.