• Welcome to the Internet Infidels Discussion Board.

Well... it's Trump... again. #47, here we go.

I'm not sure if he will back off tariffs though. He's talked about them for 4 years and to not go thru might make him "look weak", and looks are everything to that man.

All he has to do is claim some small concession on the part of the other country, even if they were planning to do it anyway, or was done long ago, and then claim what a great deal-maker he is and claim he won. He's the liar in chief and his MAGA morons will continue to believe that he's making the US great again.

He can make any humiliating defeat look like a win to the Magatards by lying.
 
Elon can’t even buy a suit to wear to the oval office, which we have recently learned from Zelensky’s visit is the minimum level of respect one needs to show there.
And that ball cap and sun glasses make him look like an idiot.
Well it does at least tell us that even all the money in the world can’t buy you a good personality.
 
Trump really is an idiot.

He thinks tariffs will move manufacturing jobs here. That6 would take a decade or more to ramp up. With factory automation i9 will have a negligible impact on unemployment. j
Yup, most of the jobs never left in the first place. Far more went to automation than ever went overseas.

I watched it happening at my former employer. We didn't have layoffs, but staff didn't grow at anywhere near the rate that production grew. Had we been that size from the start we would have laid off about 75% of the workforce--while actually bringing some things inside that had been outside. Zero outsourcing, it was all improvements in the systems.
 

most of the jobs never left in the first place. Far more went to automation than ever went overseas.
You keep repeating this. Do you have any numbers to back this absurd statement up?
“Over the long haul, clearly automation’s been much more important — it’s not even close,” said Lawrence Katz, an economics professor at Harvard who studies labor and technological change.

...

Globalization is clearly responsible for some of the job losses, particularly trade with China during the 2000s, which led to the rapid loss of 2 million to 2.4 million net jobs, according to research by economists including Daron Acemoglu and David Autor of M.I.T.

People who work in parts of the country most affected by imports generally have greater unemployment and reduced income for the rest of their lives, Mr. Autor found in a paper published in January. Still, over time, automation has had a far bigger effect than globalization, and would have eventually eliminated those jobs anyway, he said in an interview. “Some of it is globalization, but a lot of it is we require many fewer workers to do the same amount of work,” he said. “Workers are basically supervisors of machines.”

...

Take the steel industry. It lost 400,000 people, 75 percent of its work force, between 1962 and 2005. But its shipments did not decline, according to a study published in the American Economic Review last year. The reason was a new technology called the minimill. Its effect remained strong even after controlling for management practices; job losses in the Midwest; international trade; and unionization rates, found the authors of the study, Allan Collard-Wexler of Duke and Jan De Loecker of Princeton.

Another analysis, from Ball State University, attributed roughly 13 percent of manufacturing job losses to trade and the rest to enhanced productivity because of automation. Apparel making was hit hardest by trade, it said, and computer and electronics manufacturing was hit hardest by technological advances.


 
How far are they willing to go to purge DEI from the military? Sorry, Paul Tibbets....your bomber is too gay.

References to a World War II Medal of Honor recipient, the Enola Gay aircraft that dropped an atomic bomb on Japan and the first women to pass Marine infantry training are among the tens of thousands of photos and online posts marked for deletion as the Defense Department works to purge diversity, equity and inclusion content, according to a database obtained by The Associated Press.

In some cases, photos seemed to be flagged for removal simply because their file included the word ”gay,” including service members with that last name and an image of the B-29 aircraft Enola Gay, which dropped the first atomic bomb on Hiroshima, Japan, during World War II.
 
How far are they willing to go to purge DEI from the military? Sorry, Paul Tibbets....your bomber is too gay.

References to a World War II Medal of Honor recipient, the Enola Gay aircraft that dropped an atomic bomb on Japan and the first women to pass Marine infantry training are among the tens of thousands of photos and online posts marked for deletion as the Defense Department works to purge diversity, equity and inclusion content, according to a database obtained by The Associated Press.

In some cases, photos seemed to be flagged for removal simply because their file included the word ”gay,” including service members with that last name and an image of the B-29 aircraft Enola Gay, which dropped the first atomic bomb on Hiroshima, Japan, during World War II.
They did something similar at the VA. They saw the abbreviation POC and immediately thought it meant Person Of Color when it actually meant Point Of Care.
 
How far are they willing to go to purge DEI from the military? Sorry, Paul Tibbets....your bomber is too gay.

References to a World War II Medal of Honor recipient, the Enola Gay aircraft that dropped an atomic bomb on Japan and the first women to pass Marine infantry training are among the tens of thousands of photos and online posts marked for deletion as the Defense Department works to purge diversity, equity and inclusion content, according to a database obtained by The Associated Press.

In some cases, photos seemed to be flagged for removal simply because their file included the word ”gay,” including service members with that last name and an image of the B-29 aircraft Enola Gay, which dropped the first atomic bomb on Hiroshima, Japan, during World War II.
I think we are learning the limits of AI in broad system analyses... and one of the major limits is the stupidity of the people using it.
 
Notice the markets no longer bounce back when tariffs are paused. The fear and uncertainty is growing. Eventually, Trump will need to implement tariffs permanently and move forward with them, or convince his base he was just kidding.

According to CNN, extreme fear is driving the market.

1000006733.jpg
 
Musk has basically tourched his brands. TSLA is down -35% YTD and ~-$235/share from the December high.
 
Yeah, the economy added a decent number of jobs, and the market is feeling off, mainly because long-term investment is being paused because Trump insists on just pushing out tariffs for one more month... and the metals tariffs on deck and the reciprocal tariffs after that.

The market was assuming Trump was just jostling for position, now they realize he is an idiot... again. I think Trump likes manipulating the market like this.
 
The Enola Gay is too gay for the thought police.


In some cases, photos seemed to be flagged for removal simply because their file included the word “gay,” including service members with that last name and an image of the B-29 aircraft Enola Gay, which dropped the first atomic bomb on Hiroshima, Japan, during World War II.

Several photos of an Army Corps of Engineers dredging project in California were marked for deletion, apparently because a local engineer in the photo had the last name Gay. And a photo of Army Corps biologists was on the list, seemingly because it mentioned they were recording data about fish — including their weight, size, hatchery and gender.
 
Musk has basically tourched his brands. TSLA is down -35% YTD and ~-$235/share from the December high.
It should be noted that at $185 the stock was over-valued. The shares are plummeting in part because of the irrational exuberance post the election that shot Tesla into the stratosphere. If it drops below $100, then one can say Tesla shares have a bit of issue. Tesla has a lot of potential problems both in car sales / competition and insistence on electric storage.
 

most of the jobs never left in the first place. Far more went to automation than ever went overseas.
You keep repeating this. Do you have any numbers to back this absurd statement up?
“Over the long haul, clearly automation’s been much more important — it’s not even close,” said Lawrence Katz, an economics professor at Harvard who studies labor and technological change.

...

Globalization is clearly responsible for some of the job losses, particularly trade with China during the 2000s, which led to the rapid loss of 2 million to 2.4 million net jobs, according to research by economists including Daron Acemoglu and David Autor of M.I.T.

People who work in parts of the country most affected by imports generally have greater unemployment and reduced income for the rest of their lives, Mr. Autor found in a paper published in January. Still, over time, automation has had a far bigger effect than globalization, and would have eventually eliminated those jobs anyway, he said in an interview. “Some of it is globalization, but a lot of it is we require many fewer workers to do the same amount of work,” he said. “Workers are basically supervisors of machines.”

...

Take the steel industry. It lost 400,000 people, 75 percent of its work force, between 1962 and 2005. But its shipments did not decline, according to a study published in the American Economic Review last year. The reason was a new technology called the minimill. Its effect remained strong even after controlling for management practices; job losses in the Midwest; international trade; and unionization rates, found the authors of the study, Allan Collard-Wexler of Duke and Jan De Loecker of Princeton.

Another analysis, from Ball State University, attributed roughly 13 percent of manufacturing job losses to trade and the rest to enhanced productivity because of automation. Apparel making was hit hardest by trade, it said, and computer and electronics manufacturing was hit hardest by technological advances.


What happens when China automates? Will the jobs running the machines then be offshored again to China?
 
Back
Top Bottom