• sugar_in_your_tea@sh.itjust.works
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        1 day ago

        Yeah, and it’s doing really well since it’s IPO, basically tripling since IPO and it even rose nearly 6% today. As much as Lemmy wishes it would die, it’s just not happening.

        I’m still here because I’m stubborn, but Reddit is absolutely a thing.

        The same is true for X, though things are looking a bit worse for X than for Reddit right now since a lot of people are leaving. But it’ll likely stabilize with the new administration, and I guess we’ll see whether it’s able to get back to growing.

    • Corkyskog@sh.itjust.works
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      2 days ago

      Can it implode? Leon can just keep burning money to keep it alive. It’s going to probably be funded by the government soon anyway.

        • Corkyskog@sh.itjust.works
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          2 days ago

          It wouldn’t surprise me. He just partners with Truth Social and says that TS and Xitter will be the new government communication method and should be funded by the government. Probably will say it’s more efficient or something.

          This is going to be a corruption free for all.

          • sugar_in_your_tea@sh.itjust.works
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            2 days ago

            Sure, but there are all kinds of issue with that. First, Trump has significant investments in TS, so having the government fund that would be a massive conflict of interest. Second, conservatives love to rail on places like NPR getting public funding, and funding X is a bit too much of an about-face IMO.

            • Corkyskog@sh.itjust.works
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              2 days ago

              You may be right, but I think it’s more likely than say deporting 10 million immigrants, or cutting spending by more than discretionary spending, or a number of things that people think are likely to happen. It’s not like conservative rags are actually going to tell their readers the truth anyway.

              • sugar_in_your_tea@sh.itjust.works
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                2 days ago

                Yeah, my coworkers were kind of excited about Trump cutting $2T, and I tried to explain to them that’s not feasible with the way budgets are set up. They could maybe cut $1T if they really went deep, but to get anything more, they’d have to cut SS, Medicare, and the military, and Trump said that’s off limits.

                I doubt they’ll hit $500B. They might get $2T over 10 years (so $200B/year) though, which I guess is how Congress likes to quantify spending changes to lessen the blow.