Politics Post your predictions for the next 4 years of Trump's 2nd tenure as President

The net result of all policies, those mentioned and those we have not thought of, will be a huge shift of wealth upwards. Poor people will become more desperately poor as inadequate social safety net is shredded. Working class, middle class, even relatively better off people will take big hits to living standards with higher prices, fewer and worse services, higher taxes, loss of rights. And an unprecedented transfer of vast quantities of national wealth, not to top 1%, but to top 0.1%. For them it will be like Monopoly money, they can't spend it, what can Elon Musk do with $400 billion he could not do with $100 billion? Just want to have it. Millions of people can suffer, economy collapse, planet destroyed, who cares? Wealth taken out of national economy.
Musk spent $250 million to elect Trump. He wants return on investment. And it's not lowering price of eggs.

 

Same end result, being able to expand your business to manufacture chips.
You can also help chip manufacturers build fabs in the US if you make all the regulations equal across the countries. Some foreign countries dont have the same regulations which cost fabs billions of dollars a year to operate in the US.

 

Your last statement is true for all big time spenders on politics.
They all donate so their candidate wins, so they can get a return on investment.
And it ain't by lowering the price of eggs.

George Saros has been doing this for years, it is to push their ideology, not lower the price of eggs.

 

Actually, no, they aren't.

Tax breaks mean you aren't accountable for that amount or percentage at the very start. Tax credits is a reduction against your taxable income if you do a certain thing or fall into a certain category.

And you can get both.

 

I answered him before seeing your answer.

 

Biden managed it. But he is old.

 

Been looking at Ivanka again, apparently.

 

I'm kind of surprised it took him this long ... or that he even bothered acknowledging it anyway.

 

Went from "We're going to make America great again. You won't believe how great we're going to make it" to "We're asking you to be patient and understanding with us (but not anyone else), as things might get a lot tougher than they have been and I really don't know if we'll be able to get out with you in one piece."

Tempering expectations 10 years after they starting running on a lot of these issues.

 

You do realize the the TSMC is a Taiwan company correct.
Intel is the only US company that manufactures a large amount of chips, and they have struggled mightily for the last 8 years or so.

The inflate their ceo salaries argument is useless, the amount of money we are talking about does not get moved a the CEO salary. Do you know how much a new fab costs to start up.

 

Yeah, well Intel is in their death throws. They just fired their CEO who was actually pushing them in the correct direction after decades of mismanagement. Now it's the board running things and they just want their payday.

Intel is so far behind AMD, TSMC, Nvidia, and Qualcomm that it's only a matter of time.

I wouldn't be surprised if one of the above four (or somebody else) purchased Intel outright and offshored all of their work.

 

Yeah. He's going off on a secret sidequest into the weeds now to avoid having to discuss how his main point was inaccurate.