Blame-shifting to Middlemen

Now Biden-Harris is throwing a billion dollars at the food supply chain problem, even as he’s blaming food supply chain middlemen for his supply problems.

This is just more blame-shifting by Biden-Harris.

Middlemen can, indeed, price gouge. So can end-sellers. So can original producers. However, in the vast main, middlemen drive prices lower: they insulate original producers from end sellers, giving those producers more flexibility in to whom to sell, the middlemen more choices to whom to sell, and they give end sellers more choices of from whom to buy. Competition among middlemen and on both sides of the middlemen drive prices down.

And never mind the risks taken by middlemen. They don’t broker deals between original producers and final buyers; they buy from those producers, own the product, and subsequently must find buyers to whom to sell. Even if middlemen think they’ve lined up their buyers prior to purchasing from producers, many of those deals are only potential and can fall through, or the agreed future price can prove to be wildly inadequate in the realization of delivery.

Biden-Harris actually claimed with a straight face, through his unsigned “fact sheet,” that

[m]ost farmers now have little or no choice of buyer for their product and little leverage to negotiate, causing their share of every dollar spent on food to decline.

Maybe yes, maybe no. But a farmer has far more choice than if there were no middlemen to take the risk of a bumper crop driving down the price he can get on sale after harvest, or of a poor crop driving up the price he could have gotten had the crop done poorly before he committed to sell.

Biden-Harris, aside from the dishonesty of their blame-shifting, in the particular case of farm production is pretending to be ignorant of the time lags involved from crop planting to final crop delivered to the end user, and of the time lags involved from crop planting to final delivery to the livestock rancher to the end user.

Jobs and Unemployment

Good times ahead in the working stiff department. Or are there?

The Labor Department’s latest employment report, to be released Friday, is projected to show employers added 405,000 jobs in December and the unemployment rate ticked down to 4.1%, according to economists surveyed by The Wall Street Journal.

4.1%: based on what labor force participation rate? That projection is left unreported, even though it’s a Critical Item in calculating the unemployment rate.

We’ll have to wait a couple of days to find out.

A SpaceX Dyson Sphere?

No, but something related to it. A Dyson sphere is a structure built around a star (our sun, for instance) that captures the star’s energy output for the use of the civilization that built the sphere.

Elon Musk, and his SpaceX company, are building a constellation of satellites—some 42,000 of them by the end game—in Earth orbit for the purpose of producing a global Internet, and one that’s separate from the terrestrial net.

Which brings me to my speculation.

Imagine a similar-sized collection of satellites in higher orbit, say just above geosync, so as to avoid interfering with the satellites already there and which have their own critical purposes. Of course, at those altitudes, there’d be room for a much larger constellation of satellites.

These satellites, though, would be solar collectors, whose purpose would be to…capture our sun’s energy output for our use. It’s straightforward and well-established technology to convert the sun’s output to electricity or to microwave energy or to energy of any wavelength we might find useful; although, it’s always useful to increase the efficiency of the conversion.

It is too early to know we can safely beam all that energy to Earth’s surface for terrestrial uses (even neglecting atmospheric- and weather-related losses). We don’t yet have a good handle on the effects of pumping all that energy through the atmosphere on that atmosphere, much less on what it does to animal or plant life that happen to be in or pass through the transmission beams. We also haven’t assessed the effects of those energy transmissions as they pass through orbiting satellites.

However.

We’re returning to the moon, and that body has lots of industrial potential, which will have lots of energy needs. Might it be cheaper to build such a constellation and beam the energy to the moon’s environs than to build collectors on the moon’s surface or in orbit around the moon?

The concept works for Mars, too, only we’d want the constellations in orbit around Mars.

And the asteroid built….

Just a Thought

California is running a very large budget surplus—$31 billion worth—and the men and women of that State’s government really and truly don’t know what to do with it. Especially since the voter-approved Gann Limit doesn’t let the government run that big a surplus.

Here’s a thought.

Maybe pay a tax refund to the citizens of California, and sock the rest of the surplus away in a State rainy-day fund.

Nah. Waste of money. Those citizens would only waste it on their own needs and wants, rather than spending it properly. And who needs a rainy-day fund? California has droughts.

“Ethical Dilemma”

Walmart is getting blowback from the citizens and government personnel of the People’s Republic of China in response to the company’s apparent decision to stop selling products—in accordance with US law—sourced from or with components sourced from the Xinjiang Uygur Autonomous Region of the PRC, where the men of the PRC government are practicing genocide and using the so-far survivors for slave labor.

In her Wall Street Journal article on the matter and the blowback other US companies also are getting for following US law, Liza Lin had this remark, which illustrates the far-too-wide misunderstanding of the situation that too many journalists have.

The northwestern Chinese region of Xinjiang, home to millions of mostly Muslim minorities, has become a geopolitical flashpoint and an ethical dilemma for US multinationals doing business in China.

There’s no ethical dilemma here. US companies, multinational or other, have no ethical business—no moral ability—to do business within a nation that practices genocide or to do business with businesses that are domiciled in nations that practice genocide.

Full stop.

Walmart, and those other companies, would do well to withdraw altogether from the PRC, not just from the Region. Aside from the moral aspect, there are plenty of markets around the world other than those in genocidal countries.