Expert at following the news lol.Speaks like an expert
American Economics Thread
- Thread starter Bernard
- Start date
By banning Tiktok we could boost US GDP by another five percent?
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Yeah all that simp money will be finally used to do something productive.
Never understood why they wanted to ban TikTok.
It's retarded that idea. That is what it is.
India banned TikTok because of that border fight. TikTok went straight up without the Indian market.
TikTok makes money for the Americans. Ban it, then less opportunities for Americans to make money. TikTok videos go global. The Americans would be turning their backs on that channel to reach a global audience.
Personally, I would like to see the Americans ban TikTok, because it is such a retarded backwards move. Unfortunately, that probably will not happen due to the American legal system. The born in USA influences will probably leading the charge with those lawsuits.
It would be nice to see the Americans open the door for a Chinese app on a Chinese cell phone o/s go global, with Temu and Shien tagging along.
Make a couple of games that the people are addicted to, and there is something solid to run with.
Ban TikTok! Ban TikTok! Please!!!
High Speed Rail Authority officials on Thursday could not provide an estimated completion date for the original vision pitched to voters but said the price tag for the entire project is now up to $128 billion, a 13% increase from last year's projections.
Project officials last year estimated that the route would be ready for riders in 2030. While that is still their goal, the latest update shows service could begin sometime between 2030 and 2033.
The Los Angeles to San Francisco project was originally pitched to voters with a $33 billion price tag and an estimate that it would begin operating in 2020. Voters approved $9 billion for the project in 2008.
*$128billion ($90+ billion over budget and 13+ years late) could have rebuilt the mass transit systems of every major California city.
**Failure is not surprising considering Cali is the spiritual home of car culture. Elon distracted everyone with Hyperloop to kill HSR and sell more Tesla cars.
Project officials last year estimated that the route would be ready for riders in 2030. While that is still their goal, the latest update shows service could begin sometime between 2030 and 2033.
The Los Angeles to San Francisco project was originally pitched to voters with a $33 billion price tag and an estimate that it would begin operating in 2020. Voters approved $9 billion for the project in 2008.
*$128billion ($90+ billion over budget and 13+ years late) could have rebuilt the mass transit systems of every major California city.
**Failure is not surprising considering Cali is the spiritual home of car culture. Elon distracted everyone with Hyperloop to kill HSR and sell more Tesla cars.
New orders for US manufactured goods fell 1.6% month-over-month in January 2023, after a downwardly revised 1.7% rise in December, still better than market forecasts of a 1.8% drop. Orders for transportation tumbled 13.3%, dragged by a 54.5% slump in those for nondefense aircraft and parts. Meanwhile, new orders rose for fabricated metal products (0.2%), electrical equipment, appliances, and components (1.3%) and machinery (1.6%). Excluding transportation, factory orders went up 1.2%, rebounding from a 1.2% fall in the previous month. On a year-on-year basis, orders increased 4.3% in January.
source: U.S. Census Bureau
source: U.S. Census Bureau
The reality is inflation is not going to subdue until labor costs and housing prices go downward. Any decrease in acceleration of inflation is just temporary. Economy would either go to a full blown recession or continue the path of soft stagflation for a long time.
