11-29-2024, 08:56 PM
(This post was last modified: 11-29-2024, 09:14 PM by NotJoeBiden.)
(11-29-2024, 07:47 AM)Ares Wrote: Twitter still has 611 million users and the platform is working better than ever. Just like spam emails, dealing with bots is simple on X, just follow reputable accounts.
It is closer to 500 million active users, but its value has dropped over 80%.
(11-29-2024, 07:47 AM)Ares Wrote: Tariffs can be used for negotiating leverage and only become a sales tax if they are across the board on everything. If they are country specific that will just move production outside the country targeted. So say you put a tariff on a good made in China, the good can then be manufactured elsewhere without the tariff, so say Vietnam.
We live in a global economy where raw materials come from different parts of the world. Even a car made in the US will cost more since raw materials like steel come from China.
(11-29-2024, 07:47 AM)Ares Wrote: I like all the hypocrites coming out of the wood work to complain about tariffs when they never said a word when Obama did it.
He put a 35% tariff on Chinese tires, not all Chinese goods.
(11-29-2024, 07:47 AM)Ares Wrote: At least I can say I was against all tariffs, all the time.
You were just defending their use.
(11-29-2024, 06:02 PM)LevelUP Wrote: Tariffs are essentially a tax, but they can be highly effective in promoting "America First" policies. For example, the tariffs implemented during the Trump administration have been retained by President Biden, and most Americans barely notice their impact. Can you name a product you've purchased from Amazon where you could clearly identify a tariff? Likely not, yet these measures influence trade and manufacturing in significant ways.
One clear success story of tariffs is the automotive industry. Without the 25% tariff on truck imports, U.S. car manufacturing might have been entirely destroyed. This policy has played a crucial role in keeping American manufacturing alive, despite global competition.
This is true. Then problem is US auto manufacturers haven’t been able to make a good care in decades. Now American people have to pay more for trucks as a result.
(11-29-2024, 06:02 PM)LevelUP Wrote: Switching gears, the value of social media platforms like Twitter (now X) is often hard to measure until capital is raised. However, we do know that Elon Musk’s startup, xAI, is now reportedly valued at over $50 billion—surpassing the amount Musk paid for Twitter. Notably, xAI boasts more computing power than ChatGPT, even though ChatGPT itself is valued at an impressive $150 billion.
https://archive.vn/MQdz9#selection-1685.0-1685.95
Company value is assessed all the time and is not complicates. Twitter is making less money and is worth less since it has been gutted. Experts project that it is worth over 80% less than when he bought it.
(11-29-2024, 06:02 PM)LevelUP Wrote: Meanwhile, Elon Musk’s total net worth continues to climb, now exceeding $340 billion, a testament to his diverse ventures and success.
https://archive.vn/2YyW6
Under his direct management he dropped the value of Twitter by over 80%. This fact remains. Additionally, most of his companies survived as a direct result of government subsidies.
(11-29-2024, 06:02 PM)LevelUP Wrote: On a political note, any significant change, such as introducing a new economic or monetary policy, requires a solid plan and political will. For instance, DOGE was created partly because Congress has struggled to produce viable financial plans. To achieve meaningful change, there must first be a well-constructed proposal, followed by the necessary political pressure to force a vote. This process is far from easy, but it’s essential for progress.
This department has not yet been created, and would require an act of congress to be created. Trump had all the ability to do these things he is touting in his first term but did not. He grew the deficit by the largest single year amount of any president.


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