Post Aj3PblFWLGP4sD4lO4 by too_little_caffeine@dotnet.social
(DIR) More posts by too_little_caffeine@dotnet.social
(DIR) Post #Aj3K0KfbhUz7xCbvuK by feld@bikeshed.party
2024-06-18T12:55:07.461983Z
1 likes, 0 repeats
@joe @too_little_caffeine the government doesn't want us to have affordable EVs, that's why they're cranking tariffs on cars like the BYD
(DIR) Post #Aj3LQA4hodNwZpEMU4 by RememberUsAlways@newsie.social
2024-06-18T13:06:04Z
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@feld Both the EU and US put tarrifs in #EV to protect domestic products. #china supports #BYD with unlimited Government funding. This is WHY China can undercut every nation in production of any product. Thx #communism @too_little_caffeine @joe
(DIR) Post #Aj3LQBNswoJydbDC1A by feld@bikeshed.party
2024-06-18T13:10:51.668563Z
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@RememberUsAlways @too_little_caffeine @joe if cheaper come to our market it gives our citizens better purchasing power. They can buy the cheaper product and have money leftover to spend on other American goods. Tariffs are a tax on our own citizens to protect inefficient domestic industries and it is shameful.By the way we have our own money printer and provide our own unlimited funding. We call them subsidies, grants, loans, and bailouts. If China wants to devalue their currency they're welcome to do it. We do the same every day.
(DIR) Post #Aj3LiFNwoJr6G7r3bs by feld@bikeshed.party
2024-06-18T13:14:19.301932Z
1 likes, 0 repeats
@RememberUsAlways @joe @too_little_caffeine it's funny how we used to be like "communism is bad and everyone will be poor" and now we're like "communism is too powerful, they get too much prosperity and an unfair advantage in the global markets"
(DIR) Post #Aj3Pbix0t6PXkEOxGK by too_little_caffeine@dotnet.social
2024-06-18T13:16:36Z
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@RememberUsAlways @feld @joe Seems like they're rigging the market to protect an industry that isn't providing as much value to consumers.
(DIR) Post #Aj3Pbk9oP0F7UDOgqm by RememberUsAlways@newsie.social
2024-06-18T13:24:49Z
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@too_little_caffeine I'm not aware of any industry that is willing to engage in a bidding #war with the government in #China.Certainly not the car industry. Vehicle manufacturers are very invested in killing eachother @feld @joe
(DIR) Post #Aj3PblFWLGP4sD4lO4 by too_little_caffeine@dotnet.social
2024-06-18T13:42:47Z
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@RememberUsAlways @feld @joe Don't we heavily subsidize corn, fossil fuels, and an assload of other industries?lol You're just not aware of an industry that will cut down on executive pay in order to compete.
(DIR) Post #Aj3PbmJ6PQrY9bl8bo by RememberUsAlways@newsie.social
2024-06-18T13:53:56Z
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@too_little_caffeine There is no amount of executive pay cuts that will allow (insert business here) to compete against the government in #China. That is the unified theory of overpriced executive compensation. I'm not aware of anyone interested in testing that theory.@feld @joe
(DIR) Post #Aj3Pbn5JWBQYZ8Jdku by feld@bikeshed.party
2024-06-18T13:57:39.679098Z
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@RememberUsAlways @joe @too_little_caffeine yeah it's not like any companies in the USA have ever compensated their executives with billions before
(DIR) Post #Aj3Q4yCHHWsFQaUFGK by too_little_caffeine@dotnet.social
2024-06-18T14:02:36Z
1 likes, 0 repeats
@feld @RememberUsAlways @joe https://www.nbcnews.com/tech/tech-news/elon-musk-wins-tesla-shareholder-vote-56-billion-pay-package-rcna156892
(DIR) Post #Aj3U1Mi4bLMQ6xtaRk by too_little_caffeine@dotnet.social
2024-06-18T14:38:25Z
1 likes, 0 repeats
@joe @RememberUsAlways @feld The difference is that Chinese subsides make them more affordable while US subsides go directly into the pockets of executives and shareholders.