Why the poor and working class? Increasing benefits on local products maybe will, maybe not, move to salaries. But first necessity goods are not very elastic making that products more expensive.
Because by and large, most of the jobs offshored by the U.S. have been lower skilled. As these jobs return, it is the lower skilled workers who will primarily benefit.
I agree that there are likely examples of necessities which cannot be produced cost effectively locally which will become more expensive.
These jobs are not going to return. 'The system' is too profitable in its current form. What will happen is tariffs will cause prices to rise as companies pass on this tax to consumers (which is inflationary). In fact, they may go up more than that, same way as they did during covid. Even if say two years from now a new congress and senate remove these tariffs. The prices will not go down. Companies will not build new factories here because it is easier, after they get the new higher prices locked in, to just lobby to get the tariffs removed and then keep the difference as sweet sweet margin.
> These jobs are not going to return. 'The system' is too profitable in its current form.
The system is set up to ensure efficient allocation of capital. If it's more profitable for manufacturers to produce goods in-country, that is exactly what they will do. It's a bold claim that tariffs will have no impact whatsoever on investment and spending, because it's clear that they absolutely will.
At best there are going to be a bunch of new bonded warehouses built, so that distributors don't have to front the cost (and uncertainty) of the new import taxes until they have customer cash in hand. Appropriately-implemented tariffs could have kept American industry here if implemented 2-3 decades ago. At this point it's closing the barn door after the horse left, started a new life, and watched his foals grow up and have their own families. The horse is not coming back.
Far too many people think of markets as some kind of magical supercomputational system. They're really just a heuristic that does avoid some spectacular failure modes, but easily gets stuck in local maximums. China did the work over decades to prime the pump so that industry picked up and moved, while our "leaders" facilitated the looting. One pathetic man throwing policy tantrums for spectacle isn't going to reverse these now-entrenched dynamics.
There is also the glaring issue that Chinese companies can just as easily set up factories in other countries with low US tariffs. They won't be paying import taxes on the equipment they bring there to do so (like setting up a factory in the US would require), and in fact they will probably receive favors from those countries' governments for the investment. So these ham-fisted import taxes actually encourage the expansion of Chinese influence into other countries.
Two good reasons: it is an excellent way to practice using some more advanced C++ features and existing libraries may not be able to do what you want in the manner you want. Logging libraries are also a well-bounded project you can build and refine incrementally to a high degree of sophistication as a single dev.
And of course, it eliminates a third-party code dependency in your other projects.
I've probably been reading too much lately about FOSS developers not being able to find help maintaining packages. But yeah, it's not a helpful comment.
Agreed, but we've been doing a lot of R&D discovering new ways of doing things. Dioxus was the first Rust framework to do template-based hotreloading and we couldn't have predicted that was even possible 2 years ago.
The Copy-state stuff also seemed impossible a year ago, so no way to plan ahead. Now, I think things have matured enough that there's hopefully not a major major rewrite for a long time.
I think we had a prototype of it a long time ago but couldn't figure out how to implement drop. Leptos came out but just leaked the runtime in its initial rev. We figured we could safely recycle the runtimes and voila, problem solved.
I think the point is that, in theory at least, the price would have been higher at the point of value recovery by the dividend amount.
Of course, it’s never exactly that simple in practice, as there are many other factors affecting share price. But there’s a point in dividend payout being referred to as forced fractional share sale.
Dividends are basically a last resort for boards. They are what you do with the money when you can't find a more productive use for it. Companies that aren't paying dividend are re-investing revenue in future growth.
Dividend companies don't have anything better to do with their profits than pay them back to investors. Sure, many successful companies will end up there at some point. But there's not much correlation with that and an investment that's good starting today.
Take decisions :). Customization as a way to make an app better for my personal needs versus me (as a designer) not knowing how the app should be used and shifting the responsibility to the end user.
