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jmowreader

(52,920 posts)
36. In other words..."only The Rich should own homes"
Fri Feb 21, 2025, 10:01 PM
Feb 2025

The "little bit of a chance" thing Trump is talking about is no chance at all. He's talking about tariffing semiconductors in April but giving the manufacturers until then to set up factories in the US. Problem is, even if the semiconductor foundries needed to make semiconductors in the US existed - they do not and if they broke ground on a new foundry TODAY they wouldn't be making parts in it until after Trump's term ends - it takes longer than that to make parts. If you deliver a truckload of sand to a wafer factory this morning you won't see usable parts from that sand for three to four months. And all the foundries in the US are at full capacity. It's not just a question of adding shifts; semiconductors are actually grown in huge machines, and they don't grow any faster if you put more people on the floor.

Car factories take a long time to build, and sometimes even longer to get working properly. Think of when his best friend Elon decided to build an automated production line for his smaller cars. That system took so long to make cars before they got it right, fabricators from NASCAR teams were making cars faster than Tesla was.

Now, lumber: Obviously the presence of Canadian and Swedish SPF (spruce-pine-fir) lumber in the US market is giving him butthurt. But...guess what: the US lumber is more expensive because the Canadian and Swedish governments still own their timberland. The US sold all their land off decades ago. It is a hell of a lot cheaper for a producer to farm trees on government land and just pay royalties than it is to own land and pay taxes on it.

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0 members have recommended this reply (displayed in chronological order):

Trees Maninacan Feb 2025 #1
and sweep the forest floors neohippie Feb 2025 #4
insurance rates and fire recovery costs will skyrocket kiri Feb 2025 #19
Good luck Americans in rebuilding FalloutShelter Feb 2025 #26
Herbert Hoover was fond of tariffs. BOSSHOG Feb 2025 #2
Idiots....🤦‍♂️ ashredux Feb 2025 #3
And if they make stuff in America out of imported lumber IronLionZion Feb 2025 #5
He and the Republicans DENVERPOPS Feb 2025 #32
He clearly wants to destroy our economy. CentralMass Feb 2025 #6
Guess you can tack on 25% more to the cost of a new house, too. Vinca Feb 2025 #7
25% PhilG Feb 2025 #15
Koch industries must be thrilled. Buddyzbuddy Feb 2025 #8
that'll bring down the price of housing! rampartd Feb 2025 #9
yes markie Feb 2025 #13
We're looking at a housing market glut anyway Tansy_Gold Feb 2025 #30
In some cases a house is the only equity yorkster Feb 2025 #33
In MANY cases Tansy_Gold Feb 2025 #34
Moi aussi... yorkster Feb 2025 #35
Construction costs are likely to go up even more, then... AntiFascist Feb 2025 #10
In August, the Biden administration nearly doubled the tariff on Canadian softwood lumber. OnlinePoker Feb 2025 #11
Guaranteed to lower housing costs surfered Feb 2025 #12
A Trumper cabinet installer I know is about to experience FAFO. SunSeeker Feb 2025 #14
Always threatens tariffs but never follows through. Yavin4 Feb 2025 #16
The tariffs on China (10%) went through BumRushDaShow Feb 2025 #17
LOL...not today or yesterday. TANKING damn near 800 points today on his latest edict Bengus81 Feb 2025 #25
What is the sense of Made In America... ProudMNDemocrat Feb 2025 #18
He really does want to kill the economy. HarryM Feb 2025 #20
FOR FUCKS SAKE. "They" don't pay tariffs!!! DetlefK Feb 2025 #21
That'll really help inflation mdbl Feb 2025 #22
You betcha! BumRushDaShow Feb 2025 #23
Do it Trump and watch the entire building industry collapse Bengus81 Feb 2025 #24
10% is a wildly optimistic number Tansy_Gold Feb 2025 #31
That will bring down the cost housing doc03 Feb 2025 #27
Remember... as Dotard likes to say: 'Trade wars are easy to win.' Norrrm Feb 2025 #28
Trumponomics. To reduce inflation, raise the cost of the ingredients. bucolic_frolic Feb 2025 #29
In other words..."only The Rich should own homes" jmowreader Feb 2025 #36
Weyerhaeuser imports from Canada are the largest source of imported lumber into the USA PufPuf23 Feb 2025 #37
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