General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTech bros love J.D. Vance. Many CEOs are scared stiff
Schumpeter at the economist.
Their first gripe is over cryptocurrencies and the blockchain. (Regulation)
Next come concerns about Mr Bidens efforts to regulate artificial intelligence (ai). ... They say the order provides an unfair advantage to tech giants, which have vastly more resources to deal with red tape. (Both sides of the aisle have expressed concern)
The third, and most immediate, concern is Mr Bidens latest budget proposal, which includes a 25% tax on unrealised capital gains for those with over $100m of wealth. (Proposal)
Although bosses may like the sound of tax cuts and deregulation, they fear further descent into protectionism and political chaos. There are Mr Trumps tariff threats, echoed by Mr Vance, that risk inflaming trade wars, and the spectre of mass deportation of immigrants, which may exacerbate labour shortages. There is economic populism: Were done catering to Wall Street, Mr Vance thundered.
https://archive.ph/Tyofv or
https://www.economist.com/business/2024/07/17/tech-bros-love-jd-vance-many-ceos-are-scared-stiff
If you have money to burn.
I_UndergroundPanther
(13,351 posts)Is a classist snotball narcissist pig.
He hates poor people and thinks we deserve our poverty as proof our moral inferiority.
I am so sick of that kind of shit coming out of ignorant bigoted self entitled rich people and sorta rich people mouths.
Pampered arrogant people who would be unable to cope being on food stamps or SSI because they cant take the lifestyle change or cant handle actual bare bones lifestyle and poverty budgeting and still be broke at the end of the month because the math fails to math in real life.
Narcissistic classist ignorance people are the last sort of people you want to determine what the poor need to survive.
I hope Vance chokes on a filet mignon someday and the waitstaff will casually twiddle their thumbs and do more important stuff before they get around to calling 911. All the money and he dies anyway because of his own pompous classist bigoted ass.
usonian
(24,159 posts)
