← Back to context

Comment by thot_experiment

5 days ago

Rest in Peace Altera I guess? I still drink out of my color changing Altera mug (that's long stopped changing color) most days. PE ruins everything so it's only a matter of time before they're gutted and sold for scraps by the vultures at Silver Lake. (though honestly the writing was on the wall since the Intel acquisition I had held onto some hope) If only we had a functioning government interested in actually maintaining our technological dominance and enforcing/expanding antitrust legislation. I wrote my first Verilog on an Altera chip and I'll remember them fondly.

19 comments

thot_experiment

Reply
neilv  5 days ago

> [...] my color changing Altera mug (that's long stopped changing color) most days. PE ruins everything [...]

I don't think PE is responsible for that one.

greenavocado  5 days ago

[flagged]

  • jcranmer  5 days ago

    Tariffs done well could be a boon for a sector. But they are tricky to do well, and the current administration doesn't show the slightest hint of being capable of doing it well.

    You have to treat tariffs not as a moat to protect an industry for good, but a runway to give a nascent industry enough room to take off. In a mature industry, tariffs are more likely to keep incumbents uncompetitive and disincentivize investments that would make them more competitive, especially if those are capital-heavy.

    Also, tariffs aren't going to be effective if other structural issues exist in an industry that prevent or sharply limit expansion. Like key components having a sole worldwide supplier with a full order book. Or if capital investment to set up a new factory are beyond the ability of the financial markets to provide.

  • 9283409232  5 days ago

    I don't think people are opposed to tariffs, at least they weren't before. Bernie Sanders has historically been for tariffs when used properly. Used properly being the important phrase. When you have someone who doesn't understand what a trade deficit is imposing tariffs based on the difference between deficit and surplus, you pretty effectively turn people against tariffs on top of the whole destroying the global economy thing.

    • dingnuts  5 days ago

      No, the issue is not that Trump doesn't have the appropriate understanding. The issue is that they are illegal tariffs.

      The President does not have the power to create tariffs. Congress does!

      The reason the President doesn't have this power is because the economy should not rest on the whims or understanding of any one person.

      6 replies →