A bit of chip history: Taiwan Semiconductor (the current pseudo-monoply in cutting edge processor making) rose as Taiwan the country transitioned from a dictatorship to democracy.
They got state funding, and support for thier business as trade opened up. To simplify, it was like a mix of hyper free-trade capitalism and technocratic command economy/socialism no one on either end of political spectrum would like. And it worked! It’s still working.
The CHIPS act in the US was a baby step in that direction, which (even with Intel’s incredible corporate dysfunction) got me excited.
…And that is basically the opposite of what Trump is proposing.
Basically, take away Intel/Micron/IBM subsidies and tax the shit out of their existing overseas business. And deregulate them instead of directing them.
In other words, drain their capital, and give them free reign to think short term as their manufacturing circles the drain.
To be fair to Trump, most business people do not grasp how indescribably capital/research intense processor manufacturing is. Investment is in the many billions, planning takes decades and is extremely technical, and dependent on economic and research forecasts. But still… this is like the worst thing he could have done, IMO.
Fuck, I’m going to have to go back to doing math in my head again, aren’t I?
Get an abacus before tariffs catch up with them too
I still have a Texas instrument scientific calculator. I have never found a calculator app that I like better.
Put of course I was actually allowed to bring it into an exam which would definitely not possible with a phone.
It’s not that bad, you go to Youtube & look up your local Indian mathematician
But do it quick while the country can still afford the internet
Release the Epstein files.
Every time somebody says this it always makes me think of the scientist from the expanse.
We should definitely release those files it would be really helpful.
What do you mean “likely pushing up cost of electronics”. That is the literal point of a tariff, to push the prices up and make competing goods more appealing to consumers. The only way it doesnt raise prices is if importers just eat the cost, which they will almost certainly not do and, frankly, shouldn’t do.
The important won’t eat the costs because there’s literally no reason for them to do that.
The tariffs don’t actually upset shipping companies, they literally do not care. They continue to sell the product at exactly the same prices it always cost, once it arrives in a US port, that’s the end of the transaction as far as they are concerned, since the tariffs apply after that, they are irrelevant.
In the US the point of tarrifs is to tax the poor to pay for tax breaks for the rich.
Bingo, this is just a way of raising taxes on the poor without “raising taxes”.
CPUs are so expensive, I guess I’ll buy a good old US made abacus instead!
Now to figure out how to play Doom on it.
that’s probably the one thing I’d buy purposely Chinese.
Yes, but the media is willing to lie for him and whatever form necessary to normalize all this
Every American needs to be forced to learn the components of a supply and demand diagram.
Release the Epstein files
I agree, but I think we should amend this phrase.
Release the UNREDACTED Epstein files
I want it in audiobook format. Read by Will Wheaton.
This will surely bring manufacturing back to the US /s
America in a few years when no one wants their goods anymore and every country outside the US ramped up production since US is the most unreliable partner ever.
shocked pikachu face
Does the US actually have any domestic manufacturing of anything other than basic commodity products?
There is that YouTuber who’s trying to make a pan scrubber something in the US, and he’s finding it really difficult to be able to find manufacturers for the various components.
I watched part of this announcement and he said something I normally don’t pick up on
“If they have started to build or have plans to build they don’t have to pay the tariff.”
Sounds like.jobs.
But what I heard was it was a discount for the oligarchy. Why do you only get a discount if you are in the position to at least pretend to be building a factory?
And then since prices are now double, you get to import and sell at an easy profit.
Yeah, Apple’s stock went up 5% yesterday because of Tim Cook’s meeting with Trump (where he promised $600 billion investment in US manufacturing), and Apple’s saying they won’t be affected by the new 50% tariffs on India. There are also ghost factories that were built during Trump’s first term.
Which literally means they have to announce fake plans to build which be continually delayed until at least 2028
Even once it opens, it’s cheaper to pay taxes on an empty factory than it is to pay tariffs or American workers.
“…likely pushing up…”
“…likely…”
Of course it will! What kind of reporting is this? “…forcing the price up…” Is the phrase they were looking for.
That’s not the article title.
get that AI bubble a-poppin
Oh boy, another distraction
Still about the Epstein list? Or is it now about the child abuse pastor?
Either way, Trump is a pedophile who is close friends with several other pedophiles. That’s the important part.
Where are the Trump-Epstein files?
Can’t have files if you don’t have a computer to store them tips forehead
Americans won‘t own anything and they‘ll be happy.
anything to not discuss the epstein files, it seems like the effectiveness of tariffs isnt have as much effect as distraction as it should.
'muricans are already getting their Brazilian coffee tariffed, which should make lower quality distractions work better
All the dangers they tell us about being over weight and eating like shit, and this mother fucker is still clinging to life like an 80s action hero clings to the underside of a helicopter at the climax of the movie. Come on clogged arteries, do something!
Unrelated, welcome to Lemmy.
The truth is most human maladies are combination of environment and viruses. The two thing our current administration refuses to do anything about.
What’s interesting about this is that Ghislaine Maxwell just got a transfer to a cushy facility in exchange for what is likely to be heavily coached testimony about how Donald Trump totally didn’t rape children.
I read those news in a way that she’s now in a low risk facility with plenty of other people around who might casually remove a witness, rather than stuck in isolation in a max security prison where every ‘suicide’ would be met with public outrage.
My hope is that he signs the pardon before she testifies, and then she burns him down on the stand.
As if she would… She will just do what she do best, just not for Epstein, but for mr president himself, I fear…
Why would he pardon her? Prison is sheer hell and she got a huge upgrade. Fuck around and they can take that back. They got all the leverage they need without the screams of outrage a pardon would bring.
offtopic: Maybe that’s why a transparent and safe prison system, a bit like what Norway has, would do well for USA. Don’t tell me anything about feeding criminals in luxury, because you are spending far more taxpayer money on far more idiotic things. Also rehabilitation is really a big thing.
Child abusers don’t deserve rehabilitation.
It’s usually considered smart to avoid hard problems.
Thus to say that every criminal deserves rehabilitation. You won’t achieve anything good from taking it from them anyway.
Prison really is not that bad - especially federal prison. It’s boring but if you are poor, so is regular life. Don’t pay rent, don’t pay for health care, get 3 square meals that are about as shitty as shelter food. The gang violence stuff is pretty easy to avoid overall - again, especially in federal prison. State prisons are crappier in most states.
How much prison time have you served in state and federal prisons, if I may ask?
Forgive me for asking, it’s just to judge how much direct experience you have with what you’re claiming to be knowledgeable on.
There are sadly a lot of people in the Internet who would say such things without ever having actually experienced them firsthand, and it’s important we educate ourselves on the difference. Thanks!
Not going to go into to detail as this is a public forum but I have years of experience, yes.
I think calling it “hell” is a bit silly. It’s only hell if you are a loud mouth idiot who can’t stop getting into drama. Is being out with a good job better, yes. But TV and the news dramatize it drastically. You basically sit around and read / watch TV most of the time in medium security. I think most people would be surprised how much less terrible it is than it’s hyped to be. If I had to choose prison or being incredibly poor / homeless - I’d choose prison.
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She would not survive that.
Even better
Sure, but she knows it as well, and I doubt she’d risk her life thusly.
Yeah :(
I think shalafi’s right though; keeping her in rich comfortable prison is how they’re going to control her
