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The Biden Presidency 2023

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September 14th, 2023 at 6:18:59 AM permalink

DRich

Member since: Oct 24, 2012
Threads: 51
Posts: 4977

Quote: rxwine
No I said, as an investor, I don't know where I would put my money because I don't which competing technology is going to rise above the rest. If someone thinks they do, they should certainly invest in it. I see no problem at all with the country pushing technology ahead. The country has never been in a good position letting other countries barrel ahead of us in technology.

I think there are very few technologies where other countries are significantly ahead of the U.S.

At my age a Life In Prison sentence is not much of a detrrent.

September 14th, 2023 at 7:36:46 AM permalink

AZDuffman

Member since: Oct 24, 2012
Threads: 135
Posts: 18255

Quote: rxwine
No I said, as an investor, I don't know where I would put my money because I don't which competing technology is going to rise above the rest. If someone thinks they do, they should certainly invest in it. I see no problem at all with the country pushing technology ahead. The country has never been in a good position letting other countries barrel ahead of us in technology.

The best way to encourage this would be to reduce the capital gain tax to zero. Alas you keep voting for people who want to raise it.

The President is a fink.

September 14th, 2023 at 7:41:26 AM permalink

rxwine

Member since: Oct 24, 2012
Threads: 189
Posts: 18816

Quote: DRich
I think there are very few technologies where other countries are significantly ahead of the U.S.

What happened to my RCA tv?

What happened to my Chevy and Ford for awhile Japan started selling us their cars for a good period there.

Do we have any American made phones any longer? They're not even being designed here. Or maybe apple is. that's about 40% foreign made though.

How come a lot of doctors have come from other countries?

Why do keep I keep hearing a number of breakthroughs in the science world from foreign countries?

This above is probably not completely accurate. But it's what I came up with offhand.

You believe in an invisible god, and dismiss people who say they are trans? Really?

September 14th, 2023 at 7:46:03 AM permalink

GenoDRPh

Member since: Aug 24, 2023
Threads: 0
Posts: 674

Quote: AZDuffman
$1 Trillion is a suspect number just by looking at it. XOM is about $400 billion in total revenue per year. So you are saying over 2 XOMs in handouts per year. That does not pass the smell test. $20 billion per day is $700 billion per year. Discretionary outlays by the federal government totaled $1.7 trillion in 2022. So you are saying oil and gas handouts are almost half of that? Does not pass the smell test.

"Tax Breaks" do not compare to EVs. Fossil fuel "tax breaks" are mostly differing depreciation and expense treatments as drilling is different than building a factory. EV tax breaks are an outright handout to rich buyers of EVs. See the difference?

Again, if EVs are so great we would not have to steal money to help people buy them and outright force people to buy them.

"Studying" and "available" are two different things. And seeing as you preach EVs yet do not own one you are a hypocrite in the 1st degree. Go buy one or go screw.

It's $20 billion a year, not $20 billion a day you complete moron. Go find a blue state to live in and take one of their reading and mathemetics classes.

September 14th, 2023 at 7:48:26 AM permalink
rxwine Member since: Oct 24, 2012 Threads: 189 Posts: 18816	We let private enterprise and market forces completely control where things are made, they'll nearly all be made in countries where there is cheaper labor. You believe in an invisible god, and dismiss people who say they are trans? Really?

September 14th, 2023 at 7:59:30 AM permalink

rxwine

Member since: Oct 24, 2012
Threads: 189
Posts: 18816

AFAIC, anyone who says let big business completely free and keep government out and remove taxes on business want to make one small elite class in America and manufacture everything in a place like China. And most likely store all their wealth in offshore banks while avoiding taxes.

Fine, if that's your goal. But don't lie to the American people you're going to screw saying it's great for most of them.

And yet, they yell socialism with the least bit of decent regulation.

You believe in an invisible god, and dismiss people who say they are trans? Really?

September 14th, 2023 at 8:05:57 AM permalink

DRich

Member since: Oct 24, 2012
Threads: 51
Posts: 4977

Quote: rxwine
What happened to my RCA tv?

What happened to my Chevy and Ford for awhile Japan started selling us their cars for a good period there.

Do we have any American made phones any longer? They're not even being designed here. Or maybe apple is. that's about 40% foreign made though.

How come a lot of doctors have come from other countries?

Why do keep I keep hearing a number of breakthroughs in the science world from foreign countries?

This above is probably not completely accurate. But it's what I came up with offhand.

Manufacturing is much cheaper elsewhere but most of the technology still comes from the U.S.

I think 80% of high end computer chips are made in Taiiwan but those chips are still mainly designed in the U.S. The U.S. auto unions will probably go on strike tonight yet they are still paid more than 3x what auto manufacturing costs in the rest of the world. I am all for people getting the most they can, but clearly those jobs will eventually end up where there is cheaper labor.

I believe Vizio was the last large company making TV's in the U.S. but even they have started manufacturing in Taiwan.

At my age a Life In Prison sentence is not much of a detrrent.

September 14th, 2023 at 8:49:02 AM permalink
AZDuffman Member since: Oct 24, 2012 Threads: 135 Posts: 18255	Quote: GenoDRPh It's $20 billion a year, not $20 billion a day you complete moron. Go find a blue state to live in and take one of their reading and mathemetics classes. Read that part wrong. Makes even less sense though with your 1 trillion a year number. And still not a handout to the rich like ev subsidies. The President is a fink.

September 14th, 2023 at 8:54:32 AM permalink
ams288 Member since: Apr 21, 2016 Threads: 29 Posts: 12568	Quote: GenoDRPh It's $20 billion a year, not $20 billion a day you complete moron. Go find a blue state to live in and take one of their reading and mathemetics classes. Who said a proper education is a bad thing? Oh yeah, Duffy and DG. 😂 “A straight man will not go for kids.” - AZDuffman

September 14th, 2023 at 10:49:58 AM permalink
Tanko Member since: Aug 15, 2019 Threads: 0 Posts: 1998	'Total spending on fuel subsidies topped $7 trillion in 2022, IMF says' Those subsidies keep the prices lower at the pumps. So does draining the Strategic Oil Reserve. 'The US is 'playing with fire' as oil reserves plunge to a 40-year low'.

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