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129
Is America doomed
Blazing idiots, ridiculously rich ivory tower gutter trash. Treasury Secretary Scott Bessent put it bluntly earlier this month when he pushed back against the idea that inexpensive products should be what Americans aspire to have. “Access to cheap goods is not the essence of the American dream,” he said in a speech to the Economic Club of New York. Mr. Bessent, a former hedge fund investor who is worth hundreds of millions of dollars, underscored that point in a follow-up interview on NBC, arguing that prosperity is not about buying “cheap baubles from China.” “The American dream is not ‘let them eat flat screens,’” he said, arguing that it is instead about having good jobs that are not lost to foreign competition and wages that are high enough to afford homes. The comments renewed a debate within the Republican Party over the merits of trade barriers that in recent years has sidelined traditional conservatives who prize free trade. Former Vice President Mike Pence shot back at Mr. Bessent, asserting on social media that the Treasury secretary misunderstood the aspirations of Americans. “Tariffs are good as a means to bring nations like China to the table, but free trade lowers the costs of goods and improves the quality of life for every American,” Mr. Pence wrote on the social media platform X. But the haphazard rollout of the tariffs and the fact that any changes to the tax code will not occur until later this year have left economists, trade experts and analysts wondering about the viability of Mr. Trump’s strategy and doubtful that his administration can convince consumers that they are better off with higher prices. “My bet would be that people will not be willing to swallow higher prices, lower 401(k)s, lower wealth in exchange for the principle of a nationalistic economy,” said Stephen Haber, a professor and senior fellow at the Stanford Institute for Economic Policy Research and the Hoover Institution. “Reality tends to trump ideology for most people.” Pence is one of the few voices of reason left in the GOP. He is right. Trump and Bessent are in no position to discuss inflation, and they are dead wrong. Why would they care how these tax hikes affect us? They don't. Not one iota. -
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Poverty Rates in the West
I'm surprised the Germans fall behind the rest of the EU in wealth per person. While you are at it, look at Russia. That's phatheic. -
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Gavin Newsom Criticizes Democrats, Calls Party "Toxic" and "Judgmental"
Bit overtaxed ? The billionaires created a lot of jobs in California. -
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Third Reich is upon you!
The Air Force leads, but the Army follows close behind: "The intent is to preserve our history, and we are working to re-publish content as soon as possible." -
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Chinese Men Caught Removing Documents from Collapsed Building in Bangkok
FWIW, in reading other materials already posted elsewhere here, it sounds like the design used by the Chinese company developer for the State Audit building was an "unconventional" one, to say the least. It sounds like the builder was trying to show some kind of proof of concept construction method that obviously failed spectacularly. Via Google Translate: Thailand's new audit office building main structure successfully capped China Railway Ten Bureau Group 2024-04-03 "The main building of the new audit office building is 137 meters high, and the structure is in the form of "core cylinder + beamless floor". The core cylinder adopts the slide mold construction technology, the beamless floor plate adopts the lifting mold installation process, and the outer frame adopts the climbing construction process. In order to ensure the quality of super-high-level concrete, a project technical research group was established at the beginning of the start to study key technologies. Slip mode construction technology The slider construction technology uses the slider device to slide the 1.2-meter-high tool-type template along the concrete surface, controlling the thickness of each layer of concrete not exceeding 25 cm, and achieving an effective slide of the template. In the process of sliding, the measurement correction is done, and the horizontal deviation of the slide mode working platform is controlled within 1 cm. After the concrete pouring is completed, a professional care agent is used for smear and maintenance. This technology realizes the scientific control of the work of template slippage, system installation, and concrete pouring in the construction of the slider. ... Climbing construction process The outer frame adopts fully automatic attached lifting scaffolding for overall improvement, with fast construction speed, high safety performance and a large amount of turnover materials. https://archive.ph/0NVlV -
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