Economic News

  • Thread starter Thread starter nycfan
  • Start date Start date
  • Replies: 5K
  • Views: 215K
  • Politics 
heelinhell said:
I think over last 100 years we have had two business men as president...Hoover and GWB unless we also count Trump as a "business man" and not a con man.

How did that work out for us ?
Click to expand...

GWB and Trump qualify as qualified business people? Before they were elected I remember thinking their record of success wasn't there. Don't know about Hoover.
 
BlueSmoke said:
GWB and Trump qualify as qualified business people? Before they were elected I remember thinking their record of success wasn't there. Don't know about Hoover.
Click to expand...
Dry Hole W and Donald "I claimed more business losses than anyone else in IRS history" Trump are the opposite of sound business people. And we stupidly elected both twice.

Full disclosure: I voted for W in 2000...but "fool me twice... won't get fooled again." Then voted against W in 2004 and against DJT all 3 times...leaving the GOP before the November 2016 election
 
05C40 said:
Can we PLEASE change the analogy. I got an echocardiogram last week and tomorrow morning I see my cardiologist about what it says. Which hopefully will not be anything worse than the one I had in August. Let's switch to an old man urinating. That's something I still do OK.
Click to expand...
Just hold on a damn minute!
 
China once again innovates on EVs, while the US manufacturers cling harder to gas vehicles. You get the sense we are watching the captains of the Wagon industry saying "no one will really want to ride in one of those noisy automobiles. We know our market - start building more Conestogas!"

\

The second-generation Blade battery can charge from 10-70% in just about five minutes and from 10-97% in under 10 minutes. More impressively, the company showcased the battery charging flawlessly from 20-97% at -22°F (-30°C) in just about 12 minutes, only around three minutes slower than it charges in normal temperatures.

...
The new battery is not some far-flung technology. BYD says it’s ready to go in as many as 10 production models, including the Yangwang U7, Denza Z9GT, Seal 07, Sealion 06, and more.
 
Gas is now $3.32/gallon according to AAA.
Does anyone remember what the price was when Sleepy Joe left office ?

ETA : Just checked AAA. Gas was $3.04 at the end of December 2024.
 
Last edited:
NCK9 said:
Click to expand...

I'm not in the business field, but maybe someone who is could explain: why are so many tech companies obsessed with AI? The reason I say that is that I keep reading that many companies are losing money on AI, that there is an "AI Bubble" coming that will eventually burst, yet many companies are practically falling over themselves to fully embrace something that isn't providing them with profits. I guess I'm missing something somewhere.
 
Mulberry Heel said:
I'm not in the business field, but maybe someone who is could explain: why are so many tech companies obsessed with AI? The reason I say that is that I keep reading that many companies are losing money on AI, that there is an "AI Bubble" coming that will eventually burst, yet many companies are practically falling over themselves to fully embrace something that isn't providing them with profits. I guess I'm missing something somewhere.
Click to expand...
My uniformed opinion is that looking long term companies think AI will significantly reduce labor costs... no wages, no sick/vacation leave, no retirement plan, no absenteeism/disruptive employee departures
 
heelinhell said:
My uniformed opinion is that looking long term companies think AI will significantly reduce labor costs... no wages, no sick/vacation leave, no retirement plan, no absenteeism/disruptive employee departures
Click to expand...
Yes
And my uniformed opinion is that AI investors see 1 or 2 "winners" that are going to make fortunes like Apple look like kid stuff
 
nycfan said:


Gas prices here were already crawling up last few weeks but it definitely jumped this weekend and was up 0.10-0.15 cents/gallon this morning from when I was out last night.
Click to expand...

All the while I keep reading post from cult members that it's ok, there will be pain before the promis, it's ok it's worth it to take out Iraq, or its ok it's still better that under Biden....

What a bunch of sheep.
 
You must log in or register to reply here.
Back
Top