Trump or Harris: Who’s Worse for American Technology?

You are receiving this email because you signed up to receive our free e-letter Gilder's Guideposts, or you purchased a product or service from its publisher, Eagle Financial Publications. [Gilder Guideposts] [Technology Report]( [Tech Report PRO]( [Moonshots]( [Private Reserve]( Trump or Harris: Who’s Worse for American Technology? by George Gilder and Richard Vigilante 07/24/2024 SPONSORED CONTENT [Millionaires Will Be Minted OVERNIGHT]( Legendary tech futurist who predicted the rise of Amazon, Netflix, and Apple YEARS in advance now says: “The biggest, most profitable technological advances in the future will ALL stem from this single breakthrough. Millionaires will be minted overnight.” [He’s revealing EVERYTHING here.]( Between Trump and whomever—Harris at the moment—it makes little sense to ask who is better for American technology. “Who’s worse?” is all we’ve got. Trump first led and then followed the GOP into the protectionist camp. He and the GOP China hawks have manufactured an enemy from a rival. Ultimately, the trade sanctions that are starving American semiconductor leaders by shutting them off from the largest semiconductor market in the world are Trump’s fault, even though the Biden administration has been doing the work. Thanks to Trump and the Hawks, the Chinese, forced to roll their own rather than buying from us, every year make two years of progress as chip makers. Meanwhile, the Dems do what they have been doing at least since the first Gulf War. Terrified of being called out as limp-wristed peaceniks by the GOP, whenever any Republican proposes a war—like on days that end with “y”—the Dems start up a rousing chorus of “Over There.” They’ve done as much with Trump’s trade war on China. The worst of the sanctions have all been imposed since Trump left office; the most damage to the U.S. industry has been inflicted since then. It was under Biden and the Democrats that the U.S. decided to lavish some $50 billion, and counting, on last decade’s silicon technologies, while driving the Chinese into revolutionary new technologies such as graphene electronics. It should be said for the Democrats, however, that at least they appear insincere. Their sanctions come with no goals. They have set no standard China can meet to get the sanctions called off. They are the Seinfeld’s of sanctioning, waging a trade war about nothing. On the plus side, Vice President Kamala Harris does make a good George Costanza. Admittedly, the Democrats are in a tight spot. It hardly seems fair to ask America’s largest socialist party to be sincere in opposing the Earth’s largest socialist party. Besides, they don’t really need a foreign enemy to prompt them to nationalize America’s most important industry. It’s what they live for. Sponsored Content [These 7 Stocks Could Be Bigger Than Tesla, Nvidia, and Google]( Today, we are inviting you to take a peek at MarketBeat's proprietary, exclusive, and up-to-the-minute list of 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google. Yours, absolutely FREE. Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio. [Get Your FREE Copy of "7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google" Here.]( Also comfortable for Dems is this bizarre tactic of waging a trade war against ourselves by forbidding American companies to sell to China. The normal thing for the protectionist power would be for them to lock our products out. Instead, we do it for them. Perhaps this is another stratagem for punishing “corporate greed.” Waging war on American technology aligns as well with another Dem priority of supporting Muslim terrorism against Israel and the West. Israeli subsidiaries and research labs of American companies host most of the advanced R&D done by U.S. tech leaders, making a Dem two-fer of exposing Israel to destruction. Worst of all, however, are Trump’s loyal followers who, in the manner of such folk, seek always to out-Trump, Trump. Trump sees sanctions and 100% tariffs as pressure points in a negotiation. We think that’s mostly a fool’s errand but at least he has an end point in mind. His followers just want to fight, the trade war a preface to the real war for which they relentlessly demand we prepare. What would preparations for war against a billion people 8,000 miles away look like? [This A.I. Spots Trades Like a Spy, See it Live]( If you want to trade smarter, not harder, and be prepared for this week's markets, you won't want to miss this. Join us live as we reveal which stocks and commodities might explode in the next few days and how to conquer volatility and avoid losses. Anticipating market changes is crucial, and nothing is more rewarding to us than helping you steer clear of potential losses. [Secure your spot now](! We had hoped, as our title implied, to build a little suspense on the question. Alas, the answer is all too transparent. Amazingly, Trump is the most sober and sensible player in the game. In the lunatic asylum, the man who takes his meds is king. Trump’s schtick is that he is a deal maker. A lot of his deals go bust. But on China, he has this going for him: he will at least be allowed to make a deal. “Only Nixon could go to China,” it was said, because his anticommunist credentials gave him cover. Today, only Trump could make a deal with China. Experience suggests Trump’s deal would seek to increase American access to the Chinese market, not voluntarily surrender it. In the end, the whole effort would leave us somewhat worse off than we started, but at least there might be an end. Advantage Trump. Sincerely, [The Editors] George Gilder, Richard Vigilante, Steve Waite, and John Schroeter Editors, Gilder's Guideposts, Technology Report, Technology Report Pro, Moonshots, and Private Reserve About George Gilder: [George Gilder]George Gilder is the most knowledgeable man in America when it comes to the future of technology and its impact on our lives. He’s an established investor, bestselling author, and economist with an uncanny ability to foresee how new breakthroughs will play out, years in advance. George and his team are the editors of Gilder Technology Report, Gilder Technology Report Pro, Moonshots and Private Reserve. About Us: Eagle Financial Publications is located in Washington, D.C. – only a few blocks from the Capitol. Our products have been helping investors build their wealth for several decades. 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