Bleh.
Click title above to see the full Tweet.
Four stories from the COVID supply crunch stood out to me:
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Factories building and garages maintaining 18-wheelers had to shut down because they couldn’t source some small metal part that came from China domestically. It was just like a particular kind of ball-bearing.
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A factory that made doors had to shut down because it couldn’t source its inputs domestically
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Municipal utility companies warned that they had no supplies to respond to infrastructure damage because they couldn’t source them domestically
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Nurses were wearing trash bags while people paid $100 for homemade ineffective hand sanitiser on ebay because the basic supplies required to respond to the pandemic at any level couldn’t be sourced domestically.
Big fuck around energy.
Yeah, a lot of industries that the USA needs is basically overseas at this point.
It’d be a shame if this trade war escalated to make consumer goods unavailable/more expensive during what will probably be the hottest summer in human history and an election year where the majority of Americans hate their unhinged genocidal president who’s gaslighting them about the ersatz economy.
Even if it’s not a recession, it’s basically “hard economic times” masqueraded as a “booming” economy… which is a term that means nothing at this point.
Let them eat bigscreen televisions.
…Okay, I feel called out.
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
(I actually miss TV, tbh.)
Sure would be a shame if there was a tech bubble built on over-hyped technology that could pop at any moment.
Yes.
“booming” economy
MIC is making a killing selling weapons to fascist regimes
My friends and Zionism -err, I mean, Zoidberg.
If he announced he was intentionally trying to lose I’d have to admit he has an incredible understanding of how material conditions impact voting.
The least the US can do is make it easier to leave the US. Like what is even the point?
It’s not like the rich need workers anymore, and they’d be happy to see us lowly poors go.
If I could get the fuck out of here I would have done it yesterday. The truth of the matter is that I am quite literally trapped here
Is it hard to leave? I thought the big issue was getting residency in the new country
Costs like 2000 dollars to renounce citizenship or something
What benefits does that get you vs having dual citizenship?
It gets you out of having to pay US income tax.
those are basically the same thing for anybody who can afford a plane ticket
Death to America
I’ve walked into Canada before, Mexico is also right there
Thank you capitalism!
lol
Nurses were wearing trash bags while people paid $100 for homemade ineffective hand sanitiser on ebay because the basic supplies required to respond to the pandemic at any level couldn’t be sourced domestically.
The Chinese embassies were handing out food and PPE to medical workers in the US. American media and pundits got very angry because the workers were thanking the Chinese workers on social media. The media denounced it as “medical propaganda” or some shit.
Municipal utility companies warned that they had no supplies to respond to infrastructure damage because they couldn’t source them domestically
I remember how the US banned Huawei from telecommunications in the US, but the problem is that a lot of rural areas rely on it because it provides cheap internet infrastructure for an otherwise poorer, isolated area. The US demanded they replace it with American equipment which was significantly more expensive because of contractors, and the federal government didn’t provide enough funds to even take down all the Huawei stuff let alone replace it all
the federal government didn’t provide enough funds to even take down all the Huawei stuff let alone replace it all
An entire country of half measures.
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50% on solar panels? Holy shit that’s actually fucking insane, China makes 80% of all panels. They’re nuking any hope of a green transition
So much for the Green New Deal…
So much for not rolling coal past the 2.5 degrees Celsius average temperature increase that will cause a mass extinction (of humans not the mass extinction were already in the middle of)
Yeah…
THIS. IS. AN. INVESTMENT. IN. DEMOCRACY.
This is what I’ve been saying, possibly the worst consequence of the US policy of continuing the cold war is that it’s antithetical to cooperation around climate change. Any delay in a renewable energy transition costs untold lives and quality of living standards. How are you supposed to install enough solar panels in time to make a difference, if you’re trying to start a war with the country that produces the solar panels? It doesn’t make sense unless we admit to the reality that capital will have its agenda fulfilled no matter what’s superficially going on in the elections… unless we do the needful
might as well just leave my car running 24/7 while burning tires for fun at this point. 50% tariff on 80% of the world’s solar panels? Are they trying to kill the planet faster???This dipshit admin is gonna do this, then when they start losing seats+the presidency they’ll scream about how the new, conservative admin isn’t doing enough for climate change. This will probably be true, but it will be after they themselves did what they could to deep six any way around it as part of ensuring like 300 already obscenely rich clowns keep making as much money as possible
And the end result is still ‘we all get screwed by climate change’
Residential solar in the US is already stupidly expensive, like 4-5x what it costs in Australia
The average cost of an 11 kW solar panel installation on EnergySage is $22,022 [USD]
Meanwhile, in Australia (5900 AUD = 3900 USD)
Jesus Christ that’s basically chump change when you consider the savings on electricity
Unfortunately for solar users in this part of the country, the state and federal governments have announced $1300 in payments for electricity costs for all households (technically a credit on future power bills because it’s easier to administer that way, no application forms etc)
Though fortunately for those solar users, most of the electrical infrastructure is still in government hands so it’s just accounting trickery
lol, lmao even
You got a link to the original cus I’m about to abuse the shit out of this.
here’s the link to the full thread: https://twitter.com/JoeBiden/status/1138506137697959939
Trump doesn’t get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you they’re being paid by Americans
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Damn, from Reuters too.
I guess everyone’s getting antsy about looming climate change.
Well, we just can’t let the poors escape being cattle for oil, can we? It’s bad enough some of them want to escape being cattle for the auto industry with their fancy-schmancy “walkable cities”!
It’s 5D chess by Biden. EV’s will be too expensive, but the people will blame Trump and the Republicans. This will set up Biden to win in 2028, followed by decades of Dem dominance.
100% on EVs,
And 50% on solar panels.Fuck off
That’s the worst part.
I’m getting pretty close to my measured and nuanced response to any liberal telling me I have to support Biden being to kick them as hard as I can in the dick.
And then telling them a republican would have kicked them harder
Then give them a:
“Harm reduction”
I’m sure that voters will be ecstatic to hear that Biden is tackling the bread and butter issues like “everything isn’t expensive enough”.
Does he really think that the people he’s trying to win over care more about sticking it to China politically at the expense of renewable energy than being able to afford basic goods? All those people have already been screaming at progressives that everything’s their fault for 8 months.
So much for that infantesimal amount of inflation reduction they were trying to campaign on.
Just imagine how good the economy will look when EV sales sore 300% even though people are buying the same amount and I’m still eating ramen noodles and stale bread just to survive.
Their strategy of telling people who make less mobey then basic necessities cost that the economy is doing great and working exactly as intended can’t possibly backfire.
“If you’re not rich it’s because you’re lazy or an idiot” is a great campaign slogan in a coubtry where 70% of people are paycheck to paycheck at best.
You’d actually be surprised.
I haven’t been surprised by dems failings since 2000 I just expect it at thisnpoint.
No Green Leap Forward…
Does he really think that the people he’s trying to win over care more about sticking it to China politically at the expense of renewable energy than being able to afford basic goods?
Hell I think that because the only options the democrats ever seem to have is to appeal to republicans instead of non-voter
everyone knows a surefire way to get more votes is to start fucking with the treat supply just 6 months before the election
Hey it only pisses off people who see overconsumption as a good thing because of their love of cheap consumer goods from china and people who see overconsumption as a bad thing because it kneecaps renewable energy.
Leaving the political genius with a voting base of… ahh shit.
Does he really think that the people he’s trying to win over care more about sticking it to China politically at the expense of renewable energy than being able to afford basic goods? All those people have already been screaming at progressives that everything’s their fault for 8 months.
Every day, I slide closer to “there won’t be any more elections Jack” as Biden’s path to the Oval Office.
Damn, that’s not even two years ago.
The US breaks international rules all the time, they get to do it because they’re the hegemon. Death to America.
Trade wars are good and easy to win
Liberals get all bent out of shape when you say there’s not any meaningful difference between them and Maga but have they ever considered not behaving exactly like them?
No no you see Trump would have put 200% tariffs! And nuked Paris! And immediately taken half the DNC prisoner upon his inauguration!
immediately taken half the DNC prisoner upon his inauguration
promise?
Biden is stealing Trumps’ lunch money here.
I will laugh when libs come out majorly in favor of this move by Biden, but then as soon as Trump is president and talks about or does the same thing, they’re suddenly going to be like
It doesn’t matter because they control the narrative. They could spin their way out of a genocide, they can spin their way out of anything.
They had literally zero issue doing the opposite of that on the concentration camps on the border, drilling for oil, and the USPS. This is gonna be an easy warm up for people that good at mental gymnastics.
I still can’t get over just how quickly the MeToo movement died the moment Biden started running for president and I don’t think it gets talked about enough.
Tara Reade had to leave the country
Yea libs love making those list of dubious claims of bidens accomplishment it’s weird that “killing the metoo movement overnight by explicitly demonstrating dems don’t support women who speak out against them” is never on there
Caught red-handed, essentially.
“well the best part about the free market is that if you don’t like a company, then a better company will come along and give you a better service. you can buy what you want and vote with your wallet”
I’m still buying a Chinese EV.
I’ll fucking do it again.
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Fuck, I was hoping my first car would be an EV.
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Ugh, I wish I could get one…
I’m not driving a fucking Tesla, dammit!
We love it folks
The adults the room™ used to say the free market would solve climate change because eventually green energy would become cheaper and then it would be widely adopted. Now the price has fallen and they’re slapping tariffs
The Adults In The Room sounds like a sequel to, well, The Room.
Surely this is going to be followed by the largest attempt at reindustrialization in US history right?
Yeahhhhh no
I literally thought about this earlier today while on the bus, “What happens to the USA if they tariff all of Chinese goods, or China does it to them? Where will they get their treats from?” Well, looks like China needn’t apply their own taxes and tariffs, cause dear old Joe is doing a capable job himself.
Certified :sit-back-and-enjoy: moment
Big L
If you actually cared to compete with China you would join the technology arms race by investing heavily into it instead of banning superior competitors. If state intervention does positively affect technological progress instead of just pure competition, then neoliberal ideology is wrong and should be abandoned.
They had a 2 decade head start on China to have a green industrial revolution but China managed to have their actual industrial revolution and now also a green one in the time we went from electing a president that thinks windmills cause cancer to electing that same guy president again.
Yeah, this is basically putting a weight on your opponent and calling it a win.
China’s not paying more for anything and this just means they’ll export more stuff to the global south and build those relationships.
This is putting a weigh around your self and calling it a win.
In a swimming race.Let America drown then.
Guuuud
In 50 years, China’s victory will be called “the Luigi victory”.
They will defeat the US without even trying.
there are some wonderfully salty threads on /r/neoliberal about this
What the fuck did they expect?
I was gonna say theybshould be celebrat8ng this is the exact policy they e been working toward for decades.
Good point.
I’m surprised they’re salty. This seems like the sort of thing they’d love with their hatred of China.
Even those dumbfucks are starting to push back?
He really is deep sixing himself lmao
Full Tweet if you’re too lazy to click the title lol (it’s fine):
I just imposed a series of tariffs on goods made in China:
25% on steel and aluminum,
50% on semiconductors,
100% on EVs,
And 50% on solar panels.
China is determined to dominate these industries.
I’m determined to ensure America leads the world in them.
Kneecapping the most viable tech for a carbon-free future to own the commies
“I’m determined to ensure america leads the world in them.” - the leader of America who has authorized more oil drilling than any country at any time in history anywhere
Eyyup…
Yeah, free-market my ass
… Ok then where the FUCK are the solar panels, Joe?
Mostly due to local and municipal governments, like here in Virginia.
Otherwise, it’s coming about a snail’s pace and IN SPITE of the federal government, not really because of it.
50% on semiconductors are they fucking stupid
They’re the adults in the room.
China doesn’t sell that much to the US in terms of chips as far as I know. I guess there’s stuff like ESP32 chips or something?
