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Trump will kill CHIPS Act by gutting NIST employees

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Re: Trump will kill CHIPS Act by gutting NIST employees

#91

Earlier quoted context omitted.

Government spending doesn’t necessarily create jobs, since the money it spends is taken from other people (as either taxes or inflation). It merely redistributes jobs.

The same is true of the private sector. Every dollar spent came from someone’s pocket through consumer spending. By your logic the only jobs that can be created is by deficit spending, and since the private sector cannot create money, but the government can, the implication is that only the federal government can create jobs.

Thank you for thoroughly dismantling that stupid line of reasoning.

Re: Trump will kill CHIPS Act by gutting NIST employees

#92

Earlier quoted context omitted.

It's very simple: the pay at TSMC is shit by American tech standards and Americans capable of doing the job generally have much better-paying options. Paying US-competitive salaries would basically double TSMC's labor cost.

Yeah, this is just simple principles: Garbage in, garbage out. If you're only offering little more pay than an entry level fast food worker, your quality and productivity will match that. The real theme of the post-08 crash is "no one wants to pay americans anymore". And it's only been spreading from industry to industry as the billionaires figure out how to cut american labor but benefit from american consumerism.

It's simpler principles: cost of living is different in different countries, and politicians generally get votes for promising to spend money (raising the cost of living) or doing other COL-raising activities, rather than to save it (thus potentially lowering it).

There are no solutions; only trade-offs. And the US, like many first world countries, has picked trade-offs that raise the average COL.

Re: Trump will kill CHIPS Act by gutting NIST employees

#93

Earlier quoted context omitted.

It's very simple: the pay at TSMC is shit by American tech standards and Americans capable of doing the job generally have much better-paying options. Paying US-competitive salaries would basically double TSMC's labor cost.

Yeah, this is just simple principles: Garbage in, garbage out. If you're only offering little more pay than an entry level fast food worker, your quality and productivity will match that. The real theme of the post-08 crash is "no one wants to pay americans anymore". And it's only been spreading from industry to industry as the billionaires figure out how to cut american labor but benefit from american consumerism.

That can only work, of course, until the American consumer is tapped out. The you get another crash.

America does have cost disease, but it’s from more than just politicians spending too much. It’s also things like NIMBYs restricting housing supply or the insane bureaucratic explosion in health care.

Re: Trump will kill CHIPS Act by gutting NIST employees

#94

Probably an unpopular opinion, but defending Taiwan was always a bluff. Americans aren’t going to die en masse over some random island in the pacific. We will heavily sanction China and use economic tools, but we aren’t going to start World War 3 over some small island in the pacific.

> Probably an unpopular opinion, but defending Taiwan was always a bluff. Americans aren’t going to die en masse over some random island in the pacific. This is such a funny comment because it’s both right and oh so wrong. Yes, the U.S. was likely never gonna send troops to fight in Taiwan (although it has sent troops to fight in Korea, so it’s not as much of a stretch as you claim). But the bluff worked because the…

Before Trump, Bush II burned the moral goodwill America had after WWII and the Cold War. After Iraq in particular the US can no longer claim to stand for the systems of international law it helped create.

Now Trump is burning alliances and soft power and threatening to burn the dollar.

It seems like imploding the postwar order and the US position therein is a right wing goal.

Re: Trump will kill CHIPS Act by gutting NIST employees

#95

Earlier quoted context omitted.

Why are we subsizing Apple when they have $200B in cash laying around? Repatriate and give them sme tax credit.

Why would Apple repatriate their cash and pay any taxes? I don’t understand why they would care to move the money out of the countries where they earned that money and are likely to be expanding more than they are in the U.S. anyways.

You mean Ireland?

Re: Trump will kill CHIPS Act by gutting NIST employees

#96

Earlier quoted context omitted.

Yeah, this is just simple principles: Garbage in, garbage out. If you're only offering little more pay than an entry level fast food worker, your quality and productivity will match that. The real theme of the post-08 crash is "no one wants to pay americans anymore". And it's only been spreading from industry to industry as the billionaires figure out how to cut american labor but benefit from american consumerism.

It's simpler principles: cost of living is different in different countries, and politicians generally get votes for promising to spend money (raising the cost of living) or doing other COL-raising activities, rather than to save it (thus potentially lowering it). There are no solutions; only trade-offs. And the US, like many first world countries, has picked trade-offs that raise the average COL.

Cost of living never goes down if productivity is going up

Re: Trump will kill CHIPS Act by gutting NIST employees

#97
post #94

Earlier quoted context omitted.

> Probably an unpopular opinion, but defending Taiwan was always a bluff. Americans aren’t going to die en masse over some random island in the pacific. This is such a funny comment because it’s both right and oh so wrong. Yes, the U.S. was likely never gonna send troops to fight in Taiwan (although it has sent troops to fight in Korea, so it’s not as much of a stretch as you claim). But the bluff worked because the…

Before Trump, Bush II burned the moral goodwill America had after WWII and the Cold War. After Iraq in particular the US can no longer claim to stand for the systems of international law it helped create. Now Trump is burning alliances and soft power and threatening to burn the dollar. It seems like imploding the postwar order and the US position therein is a right wing goal.

But the critical question: will sinking our nation, cratering our economy, and destroying our privileged position in the world also own the libs?

Re: Trump will kill CHIPS Act by gutting NIST employees

#98
post #85

Earlier quoted context omitted.

Yes but they only achieved this because they brought in a lot of workers from Taiwan. Half the workers in the factory are brought in from Taiwan. https://www.nytimes.com/2024/12/29/business/tsmc-phoenix-tai...

> Half the workers in the factory are brought in from Taiwan. Thus depriving Taiwan of its much-needed intellectual and human capital to sustain its Silicon Shield defence strategy. I frequently browse social media sites that are popular among the Taiwanese, and my impression is that they are generally unhappy about this state of affairs, seeing it as an act of economic coercion from the US.

[flagged]

Re: Trump will kill CHIPS Act by gutting NIST employees

#99

Earlier quoted context omitted.

Trump doesn't give two shits about Taiwan. My guess is he'll break out his great negotiation skills to get China to … agree that Taiwan is part of China and that we should pay them more for chips (except he'll sell it to us as paying less by just flat out lying about it).

If that is the case, the timing is strange with the US State Department changing website content indicating otherwise. https://www.bbc.com/news/articles/clyzy300vlzo

Any official US government foreign policy statements and stances became irrelevant in past month. Even russians struggle to change their internal narratives when trump within week switches from 'ukraine caused the war itself' to 'russia caused the war', then back, then to XYZ, and they specifically are very... flexible with official truths.

Its really the mood of the given day of one man, known for his wild emotional swings which rule most if not all of his decisions. Everybody understood the game quickly, leading people on all sides are not stupid in these matters. The rest are just official PR statements 'to keep face'.

Re: Trump will kill CHIPS Act by gutting NIST employees

#100
post #85

Earlier quoted context omitted.

Yes but they only achieved this because they brought in a lot of workers from Taiwan. Half the workers in the factory are brought in from Taiwan. https://www.nytimes.com/2024/12/29/business/tsmc-phoenix-tai...

> Half the workers in the factory are brought in from Taiwan. Thus depriving Taiwan of its much-needed intellectual and human capital to sustain its Silicon Shield defence strategy. I frequently browse social media sites that are popular among the Taiwanese, and my impression is that they are generally unhappy about this state of affairs, seeing it as an act of economic coercion from the US.

> they are generally unhappy about this state of affairs, seeing it as an act of economic coercion from the US

Welcome to how rest of the world feels like now

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