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alvvayson

@ alvvayson @lemmy.dbzer0.com

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0
Comments
360
Joined
2 yr. ago

  • Sanders introduces bill to raise minimum wage to $17 by 2030, benefits nearly 22 million Americans

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  • I know, but these things tend to be all or nothing.

    Either the American workers don't seize power and they continue to get exploited, or they seize power and then a lot will be possible.

  • BREAKING: Trump Exempts Phones, Computers and More From Tariffs

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  • And even if the Supreme Court does rule it to be illegal, the only way to remove him is through impeachment.

    That ain't gonna happen.

    And if it miraculously did happen, then J.D. Vance would pardon him and continue the grift, just in a little bit less obvious way.

  • Lemmy has the ideal number of posts for me. Just enough to have a good time but not too many that I'm scrolling forever

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  • I agree. Very much like Reddit in the early days.

    Also, the level of civility and intellect in the comments is relatively high.

  • Sanders introduces bill to raise minimum wage to $17 by 2030, benefits nearly 22 million Americans

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  • That's the point. Your problem is that a lot of voters aren't affected by wage growth. So politicians don't feel the pressure to enact wage growth.

    All those senior people will actually vote for the guy who keeps wage growth in check.

  • The thing about Europe: it’s the actual land of the free now

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  • In the land of the blind, the one eye is king.

    Sure, it could be better, but it isn't better anywhere else.

  • Sanders introduces bill to raise minimum wage to $17 by 2030, benefits nearly 22 million Americans

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  • And it is $17 in 2030.

    Here from Europe, let me recommend one thing we do well: we link our equivalent of social security to the average wage growth, not to inflation.

    This ensures that all voters benefit from wage growth. And thus all voters demand the same thing from the politicians.

  • JUST IN: US Consumer Sentiment Plummets to Second-Lowest Level in Over 75 Years

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  • It's not their fault, but they definitely chose to prioritize supporting a genocide above pleasing their most fervent base.

    They had polling data for months showing the impopularity of it and the low polling numbers. We all saw the polling data.

    They broke what many considered to be an election promise in 2020 that Biden would be a one term. And they robbed their voters of an open primary, most likely because they knew a progressive populist would easily beat Harris. Harris has never appealed to a broad audience.

    But even so, Harris got an enormous boost when she replaced Biden. All she had to do was distance herself from his unpopular positions. She should have criticized Biden on inflation and working class income stagnation. She should have let a Palestinian talk at the DNC. She should have met Arab Americans in Dearborn. And she should have voiced criticism on Netanyahu to get the hostages home and stop the killing. Heck, even Biden had more class when handling upset protestors.

    But she dropped the ball on all those important issues.

    It's political incompetence and a sell-out to corporate interests.

    I'm sure that someone more savvy like Pete Buttigieg would have easily beaten Trump.

    But still, it's not their fault. Everything Trump is doing is his fault.

  • Ex-Meta exec tells Senate Zuck dangled US citizen data in bid to enter China

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  • Bingo.

    The idea that CEO's will put morals over profits is hopelessly naive.

    If you want companies to act morally, you need to implement legislation and be willing to enforce that legislation. And not small million dollar fines, serious fines like 10% of revenue and personal liability and even jail time for executives.

    But the American public only cares about having the stock market go up. They don't care about their data.

  • The United States and China are locked in a faceoff over tariffs. No one wants to blink first

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  • Correct, so what China does is ship almost completed stuff to Vietnam, they do the final piece of manufacturing and export that.

    It's not as easy as a transshipment, but for the longer term it works out.

  • How Trump changed his mind on tariffs

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  • Good point.

    It is curious to see though. Putin owns Trump, but Xi Jinping owns Putin. And both of them have Iran as a key ally.

    So I really wonder how this all will play out. Trump talks a lot, but his leash is short.

  • The United States and China are locked in a faceoff over tariffs. No one wants to blink first

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  • He will backtrack when new inflation figures hit. It might take 3-6 months, but China definitely has the stronger hand, by far.

    Trump can avoid the inflation by allowing Chinese goods to come through countries like Vietnam or Mexico. This is basically the status quo.

    It allows Trump to save face without huge inflation for US consumers.

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    German state gov. ditching Windows for Linux, 30K workers migrating

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  • That's what they're trying to do.

    It makes most sense to switch the email+office users to Linux and reserve MacOs and Windows for users who really need to run specific applications.

  • Removed

    German state gov. ditching Windows for Linux, 30K workers migrating

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  • More or less, yes.

    Germany and France have been trying this for more than two decades.

    But every time, there is pressure from the US government (the stick) and Microsoft arranges a short-term deal to make Windows cheaper than the cost of transitioning (the carrot).

    But this time, the EU is serious about decoupling from the US, so I think it will actually happen.

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    Permanently Deleted

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  • We have long passed the point where lobbying and bribing were just doing your fiduciary duty.

    And indeed, it seems we are back to feudalism and you have to pay tribute to the divine king and kiss his ring.

  • Trump tariffs spark US government debt sell-off

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  • It's a bad time to sell, but anyone "buying the dip" will quickly learn what "catching a falling knife" means.

    I think the road to the bottom still has some distance to cover.

  • The World Suddenly Has a Plausible Alternative to US Treasuries

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  • The answer is European and Japanese bonds.

    Also in part due to a weakening dollar.

    I don't have a crystal ball, but since Trump took office, the Euro has appreciated nearly 10% against the dollar. Which in turn makes it very likely that the ECB will drop rates.

    This will definitely make it less painful to increase borrowing and spending.

  • German poll: Majority for return to nuclear energy

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  • You guys have your heads so far up your asses, billions of subsidies for renewables were "sabotage".

    If only even more billions would have been thrown against it, surely then it would have worked.

    German anti-nuclear religion is so persistent and dogmatic, I'd rather debate the Taliban on Islam.

    Luckily the smart Germans are changing course, as polls continue to show.

  • German poll: Majority for return to nuclear energy

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  • Germany is the obvious evidence for that claim. Their once great industry is doing really bad due to high energy prices. Which is why even they are second guessing the Energiewende.

    Despite insane levels of investment in renewables, they are still stuck on gas en lignite and have very high energy prices.

    Merkel's bet that Russian gas could always be depended on didn't work out.

  • German poll: Majority for return to nuclear energy

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  • The "expensive" argument is bollocks.

    It's not too expensive for China, South Korea, Japan, the USA, France, the UAE, Iran, India, Russia.

    The countries without nuclear will deindustrialize and the countries with nuclear will outcompete them.