r/neoliberal • u/Saltedline Hu Shih • Dec 03 '24

Trump vows to block Nippon Steel's planned purchase of US Steel News (Asia)

https://mainichi.jp/english/articles/20241203/p2g/00m/0bu/020000c
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38

u/Embarrassed_Jerk Immanuel Kant Dec 03 '24

You guys are overreacting. He'll let the purchase go through....once the company pays him a bribe

44

u/NIMBYDelendaEst Dec 03 '24

From a strictly economic perspective, that would be better than just blocking it outright. I often think that corrupt administration can be more effective than principled leadership if the principles are wrong. This is most obvious in the case of land use where a corrupt city official that allows building with bribes is far superior to one that just bans all construction and takes no bribes.

10

u/SandersDelendaEst Austan Goolsbee Dec 03 '24

The preferable outcome of a Trump administration is that it’s merely corrupt. In all seriousness