asdajksah2123
Joined 4 years ago
Joined 4 years ago
The US needs to bring back manufacturing for strategic reasons and in strategic areas.
And it needs to have the capability to scale up manufacturing in response to emergencies.
But also, importantly, the US doesn't need to do this by onshoring all manufacturing. Near shoring and friend shoring will have to be extremely important components of adding these capabilities, and unfortunately, teh actions the US is taking will likely hurt nearshoring and friendshoring and will end up making the US less strategically capable in manufacturing even if it's able to reshore a significant amount of manufacturing.
Work to do what?
> But a person used to be able to graduate high school and get a job that could support a house with a yard, a car, a non-working spouse and children.
Why do you think this has anything to do with tariffs or manufacturing?
> How do we get that level of prosperity back?
Better pay for the jobs people actually work. Reducing inequality by preventing the richest 0.1% from capturing all the massive gains in wealth the US has seen over the past few decades. Removing regulations that prevent the country from building housing and therefore driving up housing costs. Switching to a healthcare model in nearly any of the comparable developed countries almost all of which deliver better healthcare at half the cost. Not expecting everyone to be able to live a completely unsustainable suburban life. Having the government support children's upbringing by paying for high quality education, instituting rules and regulations that require mandatory paid maternity/paternity leave, etc.
Lost of poorer countries manage to do this and more just fine. The US is far richer than most of those countries.
Very little of this has to do with manufacturing jobs falling from 18mm to 13mm.
The ribbon is a great fit for Office style apps with their large number of buttons and options.
Especially after they added the ability to minimize, expand on hover, or keep expanded (originally this was the only option), the ribbon has been a great addition.
But then they also had to go ahead and dump it in places where it had no reason to be, such as Windows Explorer.
1 tbsp of olive oil has 135 calories.
How would the app know which fat the food was cooked in?
Isn't that Flutter?
Companies used the very real inflationary pressures to increase the cost of their products well beyond what those inflationary pressures alone would require.
There are 2 reasons IMO that led to this working:
1. If every company does it, the normal competitive market pressures to reduce prices don't operate. Normally, every company will only raise prices due to collusion, which would be illegal. But when there's a broad based increase in cost, every company will also raise prices beyond just the absolute values of those costs independently, because companies are judged by their margins more than they are by absolute numbers. This is not illegal but the effect is the same.
If in your example, Acer sells 1000 laptops, they originally made $1mm in revenues, with $500k in costs, leading to $500k in gross profits and a gross profit margin of 50%.
If their costs increase by 50%, they need to increase their selling price by $100 to maintain those margins. $1.1mm revenue, with $550k costs, leading to $550k gross profits for a gross profit margin of 50%.
If, however, they increase their Selling price only by the cost, their new selling price will be $1050, for revenues of $1.05mm, costs of $550k, gross profits of $500k, but gross profit margins declining to $500/$1050 = ~47.6%.
The decline in gross profits will hurt their stock price and their valuations (if private) significantly.
2. Consumer pressure. The other reason companies do not easily increase prices with higher costs is negative publicity. Pandemic related inflation, and now tariffs, give them an easy way to explain the reason for the price increases to their consumers and avoid facing any backlash directly.
What did surprise me with the pandemic, which will likely be true with the tariff increases, is that once the companies did increase their selling prices after the pandemic, even though their costs then subsequently dropped, they did not drop prices, across the board.
And the result were the record breaking profits companies have been declaring.
This is incredibly important.
This is the kind of stuff that prevents shit like half the team using metric and the other half thinking they're imperial, or you coming up with the perfect design, but then the manufacturer makes a mirrored version of it because you didn't have the conventions agreed upon.
"Why does the Wall Street Journal have articles about the city and not about the tiny suburb I live in? They have nothing to do with me! So elitist"
My favorite articles across the board have always been articles that have very little to do with me because learning about a different culture, way of life, completely different field, has always been the most interesting parts of reading.
I don't know if I'm over-reading things, but there generally appears to be a closing of the mind, and a sort of narcissism where everyone is all about themselves, and barely curious about anything outside their immediate surroundings. Alternatively, it could just be that the internet gives a voice to the least curious who would likely have had no avenues to let their opinions known (although I feel this wasn't the case in the pre social media, blog era at least).
1. It's silly to talk about "India"'s culture. The cultural differences between Bangalore and New Delhi are as great or greater than any 2 nations in Europe. 2. India's formal institutions are terrible. The author seems to confuse the construction of infrastructure with the establishment of institutions. The formal institutions are the same or maybe even worse than they were pre-Modi, with the only caveat being that India has taken huge leaps digitally (India is at least 1-2 decades ahead of where the US is in terms of digital identity, digital commerce, etc) which might give the impression that the formal institutions have improved, when in reality the formal institutions are as poor as they were, but some of their terribleness is now constrained by technology. 3. The indian "informal institutions" or "culture" are largely a response to the poor formal institutions. The author asks why the "West" is able to follow traffic speed limits whereas India is not, ignoring the fact that in the US, for example, with the reduction in enforcement during and following the pandemic, speeding in the US has shot through the roof. Jumping red lights has also increased dramatically. The reason Indians don't follow traffic rules is the same as everyone else. A lack of enforcement.
Now, it's possible that after severe enforcement for an extended period of time the formal institutional value will modify culture enough that even if the enforcement is rolled back traffic speeds would continue to be followed, but India has never experienced that.
Even framing the same question in different ways is useful. If someone posts a Duplicate, adding that to a list of "alternative questions" that is collapsed by default on the original post might have been a better approach.
It also takes away the whole "your question is worthless" dynamic that closing a question raises.
The communication isn't the waving in "reaction" (it's not clear it's simply a reaction, but let's assume it is) to the original wave, but the original wave itself.
And the fact that it's also triggered by videos indicates it's not just a mechanical reaction (like some of the research about how plants "communicate" is which are essentially mechanical responses to stimuli).
However, this doesn't necessarily mean that the communication is meaningful. It just shows that a means of communicating exists.