What happens when US economic data becomes unreliable
184 points by inaros 2 hours ago | 130 comments

mark_l_watson 59 minutes ago
The phrase "when US data becomes unreliable" is misleading in one sense: for many years political manipulation of economic data has screwed things up.

Calculation of unemployment and real debt has seldom matched the norms of most other western countries. Add military (often black budgets) spending without much oversight or accurate accounting.

The wealthiest people in the USA are now in the mode of grabbing what they can while the 'grabbing is still good.' Without this immoral looting, our government could do a better job of protecting US citizens as our empire collapses.

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culi 37 minutes ago
I agree. The super rich have been in "prepper" mode for a long time now

https://www.theguardian.com/news/2022/sep/04/super-rich-prep...

> They started out innocuously and predictably enough. Bitcoin or ethereum? Virtual reality or augmented reality? Who will get quantum computing first, China or Google? Eventually, they edged into their real topic of concern: New Zealand or Alaska? Which region would be less affected by the coming climate crisis? It only got worse from there. Which was the greater threat: global warming or biological warfare? How long should one plan to be able to survive with no outside help? Should a shelter have its own air supply? What was the likelihood of groundwater contamination? Finally, the CEO of a brokerage house explained that he had nearly completed building his own underground bunker system, and asked: “How do I maintain authority over my security force after the event?” The event. That was their euphemism for the environmental collapse, social unrest, nuclear explosion, solar storm, unstoppable virus, or malicious computer hack that takes everything down.

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iugtmkbdfil834 24 minutes ago
As a statist, I personally always found it as a fascinating way to look at the future. They are actively preparing for a collapse they themselves are ushering.
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mentalgear 15 minutes ago
Exactly: The 0.01% Elite bleeding out the planet and their biggest worries are: 1. How do I keep my doomsday bunker servants in line? 2. Or is a ticket to Mars the better option?
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Aurornis 8 minutes ago
> Calculation of unemployment and real debt has seldom matched the norms of most other western countries.

This is a big claim. What other countries? What are their methods and how do they differ?

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gruez 33 minutes ago
>Calculation of unemployment and real debt has seldom matched the norms of most other western countries

Source? For unemployment, isn't the U-3 definition used for "headline unemployment" consistent to most other countries?

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quacked 38 minutes ago
The frustrating thing about the empire collapse is that it doesn't need to happen. There are still tons of highly energized and ostensibly disciplined and competitive people here. It's just that the production base was sold off to foreign lands and the aesthetic and moral project of "America" was effectively discontinued, for reasons unclear.
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hackyhacky 10 minutes ago
> It's just that the production base was sold off to foreign lands

It wasn't. You are conflating "production" with "manufacturing." They're not the same. The US, for better or worse, produces a lot of value.

> moral project of "America" was effectively discontinued

I'm not sure America was ever a "moral project," considering the many many dark parts of its history. Nevertheless, at the moment moment, it seems to be on a quest find the bottom of the pit of depravity.

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input_sh 17 minutes ago
I would argue the empire already collapsed, about a year ago when DOGE was tasked with killing every form of soft power that were put in place to present the country in the best possible light across the world.

Even with tons of talented and well-intentioned people and everyone fully aligned to re-build everything broken, it'd take decades to rebuild that trust that was lost in a matter of weeks.

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pocksuppet 7 minutes ago
The first sign many Roman citizens had that their empire had collapsed is when a bridge near them fell down and nobody showed up to repair it.

America's been in that mode for a long time.

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SideburnsOfDoom 13 minutes ago
> It'd take decades to rebuild that trust that was lost in a matter of weeks.

There is some truth to this. Other examples of crossing the line and breaking long-term trust would be:

To Canada: Statements about Canada last year.

To Europe: The idiocy around Greenland earlier this year

To the Middle East: Current events.

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jeffbee 33 minutes ago
Your comment is broadly misleading. In fact, I would say that "shadow stats" guys like you have enabled the destruction of the system by creating the space to cast doubt on the valid methods used by BLS. BLS unemployment metrics have a valid basis and where they differ from Eurostat those differences are minor and with rational basis (such as 16 vs. 15 year old starting age).
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_heimdall 15 minutes ago
It is tough, though, for me to fully buy labor statistics when it has become the norm recently for them to be revised down. This spans back into Biden's term as well so it isn't one party either.

With a valid measure I would expect a roughly even distribution over time between underestimates and overestimates. For a valid measure worth considering I'd also expect the stat to be released later when revisions are less likely because more actual data has been collected

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svnt 3 minutes ago
That is a reasonable position, however the assumption that it is the administration that is gaming them vs other motivated parties is open for discussion.
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iugtmkbdfil834 25 minutes ago
I don't say stuff like this very often, but are you actually blaming a victim for dealing with the reality of government bsing its own stats instead of the government that allowed this bs to continue? BLS had only one thing going for it and it is mostly that it was used for long enough time that changing methodology would prevent us from being able to compare it prior time ranges. That is it. Otherwise, the methodology itself is seriously flawed ( and likely was from get go, but these days, it is absolutely the worst possible mix of options ).

Honestly, your comment made me mildly angry. That said, can you say why you believe parent's comment is misleading?

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jeffbee 22 minutes ago
Do you have a substantive complaint to make about the BLS methodology? So far all I see in your remark is shadowstats vibes.
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iugtmkbdfil834 15 minutes ago
I can't tell if you are serious or not. Lets assume for a moment that there was once a benefit to BLS survey methodology ( I would argue otherwise, but w/e ). Is it a good methodology today?

So my main argument ( and frankly the only argument that should matter ) is that is a bad fit for the goal of estimating values ( even though we do know its failure modes ). Is that not enough?

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patmorgan23 9 minutes ago
What are the alternatives, and do other countries labor statistics agencies use them?
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iugtmkbdfil834 51 seconds ago
Alternative is to build something better. Just about anything is better than the current survey system. What I would propose is something akin to "derived real-data unemployment system". All this data exists now, but is distributed. It can be stitched together, but if one was so inclined.

<< do other countries

No, it doesn't mean I am wrong.

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cyanydeez 39 minutes ago
Sure, but thetes a sizeable diffetence when skewed data becomes no-data.

Context has power. Removing it is thining the herd of power.

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pocksuppet 6 minutes ago
I say removing skewed data forces people to confront reality as it actually is.

Instead of "This economy sucks!" "Yeah, but look at the data, it's getting better..."

Now we just have "This economy sucks!" "Yeah"

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smitty1e 39 minutes ago
Depending upon which party controls the White House, numbers seem to be released to support a predictable narrative, then adjusted later.

But that's probably just my lying' eyes.

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whateveracct 25 minutes ago
this admin is different
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cyanydeez 34 minutes ago
Now they just stop releasing. Thats a sizeable change. Even if you have a known bias, we can adjusy for that bias.

But if you just stop collecting data? No, these are not your father's red versus blue stats.

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kenferry 12 minutes ago
Oh yeah? Like when inflation numbers were very high under Biden?

Please give specifics. Otherwise this is just grouchiness.

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varispeed 31 minutes ago
> our government could do a better job

It's no longer your government. It's run largely by Russia and Israel, using vast array of kompromats and bribes. Republicans and Democrats would rather burn the country to the ground that admit wrongdoing and do the time for it.

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PaulDavisThe1st 12 minutes ago
Actual evidence of kompromats?

Israel? Bribes? We pay them ...

If one was to really think about national level bribes then presumably Saudi Arabia would be worthy of mention, given their involvement with the Trump (extended) family.

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tehjoker 25 minutes ago
We are tightly integrated with Israel, joined at the hip, but you realize we are at war with Russia right? If we were controlled by Russia, we would not be at war with them.
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pocksuppet 4 minutes ago
Are you? You're about to remove sanctions on them, not because they agreed to peace, because you destroyed your own other options (the Persian Gulf).
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PaulDavisThe1st 11 minutes ago
Many parents that nominally "control" their children might take issue with this claim.

I don't have a particular position on the actual "controlled by Russia" claim.

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whattheheckheck 16 minutes ago
You would think...
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looksjjhg 2 hours ago
It’s amazing and terrifying watching an empire die
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ambicapter 2 hours ago
You should see it from the inside!
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tw-20260303-001 45 minutes ago
Nope, thanks!
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lpa22 42 minutes ago
The US is the best 400 mil population country in the world
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ndr42 24 minutes ago
What does "best" means? Which population size would you consider comparable to the US (i assume you don't meant it in a way in which Germany would be the best 83,6 mil population country in the World)?
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specproc 19 minutes ago
I spent a fair bit of time in the former Soviet Union, what happened there is instructive for what comes next.

I think we will see, across the West broadly, to varying extents:

- peripheral states flipping (e.g., Baltics)

- widespread looting of public assets, a new oligarchal class minted

- total destruction of the middle class, particularly those with ties to government and NGOs (I'm in this camp and miserable for it)

- at least one civil war, lots of territorial disputes kicking off, separatism

- breakdown of law and order, local gangsters as local authorities

- mass ex-migration, ethnic cleansing

- weak governments, coups, demagogues, vassalage

- hyperinflation and scammy get rich quick scams (watch crypto)

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michaelchisari 12 minutes ago
The collapse of the Soviet Union was ahistorical in many ways. It's rare that collapse of an empire can be pinpointed to a single day. And what you saw was a result of shock therapy imposed from the outside. I doubt that would happen to the US.

It's unlikely collapse will be felt as a singular, apocalyptic event. More like a slow, steady loss of influence and excess wealth. Countries on the periphery stop considering the empire's perspectives before making their own decisions. Other trading partners emerge. Bridges stop getting maintained until they're no longer usable.

And soft power declines. Imagine a day when the biggest pop star in the US, someone on the scale of Michael Jackson or Madonna nationally, is virtually unknown outside of its borders.

There are reasons to believe the American empire is in decline, but I maintain this will look more like Britain. It could take 50 years before American fully realize it.

Thankfully, that means there's plenty of time to reverse or mitigate the trends, or to make a decision to strengthen the Republic over the Empire.

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silvestrov 26 seconds ago
> peripheral states flipping (e.g., Baltics)

This is already happening with trade (e.g. soy beans) and with military purchases.

Canada is moving quickly with moving trade elsewhere.

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PaulDavisThe1st 9 minutes ago
There will be no "peripheral states flipping" in the USA. Secession is not an option here.
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jjtwixman 46 minutes ago
[flagged]
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Dumblydorr 35 minutes ago
Who deserves it? What is it? Wishing bad things onto others is not a wise policy.
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leet_thow 26 minutes ago
He's just an edgelord, ignore. The point is to get people riled up and spread the misery.
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wlowenfeld 27 minutes ago
Watching these types of comments begin to pop up here on HN of all places is fascinating.
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atlas185 35 minutes ago
[dead]
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doctaj 33 minutes ago
Wouldn't it be funny if they "fixed" spam calling in order to make it so that the government could call people again?
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int32_64 54 minutes ago
"The change may cause policymakers to misjudge the economy’s health, investors to lose confidence in the reliability of the data, and the public to disengage from participating in official measures altogether."

Many neoliberal Western countries with good data have completely fumbled their economies post-GFC and post-Covid, just look at Canada's disastrous GDP per capita growth.

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nikanj 33 minutes ago
Canada’s population has increased at an astonishing rate, I wonder if that affects the per capita numbers. If you have the same industry in 2011 and 2026 but population went from 35 million to 42 million, per capita the numbers look terrible
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bitroughj 24 minutes ago
Thankfully, we can totally trust noneconomic data like the census. No biases, design artifacts or legislative meddling there.

Edit: noneconomic not none comic.

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kittikitti 32 minutes ago
People in Florida, when I tell them about my background working with data, often scoff and claim that the data can be changed to spread lies. They have a government who arrested a data scientist when she published information about Coronavirus. This is prevalent across all of America, especially after DOGE, who encourage fraud so the data supports their political interests.

I think the reliability problem is very bad. It's not just that the US government is encouraging fraud, it's also that the average American hates AI and data science. Usually, the public would prefer reliable data, but in this case, Americans seem to prefer corruption just to spite the AI.

We're certainly living in a post-truth country. By vilifying higher education, the assumption that Americans can interpret data is challenging. Therefore, Americans are consuming biased information in their online bubbles because their media is comfortable with fraudulent data.

A concrete example of what happens whenUS economic data becomes unreliable is employment numbers. At the end of 2025, the government couldn't produce any data because of the government shutdown. Most quants and analysts utilized ADP numbers instead. A few years ago, the ADP payroll numbers and the projections by the government were perceived as aligned. This is no longer the case, and most traders rely more on ADP indicators for things like the unemployment rate.

Speculating on what other data is fraudulent, I suspect that real Gross Domestic Product (GDP) will become meaningless. It was supposed to be an indicator for economic wellbeing but now best describes wealth inequality. Nominal GDP is a slightly better measure because it adjusts for things like inflation but it's based on government produced data.

Lastly, there is widespread fraud in climate data in order to deny climate change. The data feeds into economic models and affects property values and insurance rates. I have personally received gag orders from government agencies from both the US and Europe for publishing environmental data.

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throwawaypath 9 minutes ago
>They have a government who arrested a data scientist when she published information about Coronavirus

That was fake news:

In May 2020, Jones was terminated from her position managing the team that created Florida's ArcGIS COVID-19 dashboard after being repeatedly reprimanded for sharing the department's work online without authorization. Jones alleged instead that she was told to manipulate the dashboard's data and that her firing was retaliation for her refusal. The OIG exonerated state health officials, finding her allegations to be unsubstantiated and unfounded. Jones later posted on social media a forgery of the dismissal letter from the Florida Commission on Human Relations, such that it appeared that her complaint had been validated.

In December 2022, she signed a deferred prosecution agreement admitting guilt to unauthorized use of the state's emergency alert system on November 10, 2020, which resulted in her home being searched under warrant by state police in December 2020. The execution of the warrant with armed police, widely referred to as a raid, was due to a 2016 battery charge against Jones by the Louisiana State University police. In 2023, Jones pled no-contest to a 2019 charge of cyberstalking a former Florida State University student. She was fired from both institutions.

https://en.wikipedia.org/wiki/Rebekah_Jones

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text0404 4 minutes ago
Can you tell us a bit more about the gag orders? I find it fascinating that all the discussion about climate change has largely disappeared after LLMs became mainstream, and the idea that state actors may be suppressing data is equally fascinating/terrifying.
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SoftTalker 14 minutes ago
> It's not just that the US government is encouraging fraud, it's also that the average American hates AI and data science.

When all they see is it being used to push narratives, they'd rather not have it at all.

Also, "There Are Three Kinds of Lies: Lies, Damned Lies, and Statistics" dates to the 1800s. This is nothing new.

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arjie 51 minutes ago
One of the things I do like about the US, and that I think is a reason for America's ability to meet the challenges this country faces is that it has good data collection and aggregation mechanisms: from the seemingly-banal surveys and so on to satellite remote-sensing.

There's three more years to go but afterwards (and perhaps even post the mid-terms) we should be able to hammer back some of this nonsense like being upset about job reports not showing favourable information and so on. Good information allows good decision-making and it's important we don't break that. Hopefully the current surge of low-quality corrupt executive choices isn't met by a counter-surge that kicks out people like Jerome Powell because he's a multi-millionaire capitalist or whatever.

I think it won't be. The establishment folks are mostly sensible. It's the new crop of "no property tax" and "no income tax for tips" and "no tax for under $100k earners" and so on that makes me worried, but I'm hoping it will all settle down soon.

We'll have to find better surveying methods than the phone surveys but provided #2 and #3 are solved in the article, which is just a matter of switching the admin, then we should be able to.

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mikeyouse 46 minutes ago
This ratchet effect of partially righting the ship every four years followed by drunken sailors YOLOing further into a reef because the ‘responsible party’ didn’t fix things fast enough is unsustainable. No clue how it ends but it’s so much easier to destroy things than it is to build them, so the builders are always at a distinct disadvantage.
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david422 27 minutes ago
> so much easier to destroy things than it is to build them, so the builders are always at a distinct disadvantage

Tangentially related, there was a local property nearby that had these large, aesthetic trees in the yard. The house was sold, a developer cut them all and flipped the house for sale.

Probably took 50+ years to grow, gone in an hour.

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hattmall 24 minutes ago
I really have a hard time understanding the analogy of the "responsible party" existing, when it was objectively the Biden administration that did the most damage to the average American.
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derektank 13 minutes ago
COVID damaged the average American. The Biden administration (and the preceding Trump administration) did not perform perfectly by any means, but US inflation was below that of most other OECD countries. Real wages took a serious hit and I understand people being mad about that, but it’s hard to imagine a world where the supply chain disruptions don’t cause real living standards to fall at least a little bit.
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davidw 45 minutes ago
This is going to take a generation or two to fix. If we're lucky and work hard at it.
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__MatrixMan__ 37 minutes ago
> just a matter of switching the admin, which we should be able to

I wish I shared your optimism. Being unable to change the admin has been the default state. The recent few centuries have been an exception. It's a big ship that we need to turn here. Might take longer than we think if we can manage it at all.

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fifticon 26 minutes ago
the comment section for this post is a shit show, most of the main comments have been downvoted to gray-land.
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estimator7292 22 minutes ago
No, the bad, lazy, and outright incorrect takes are downvoted to oblivion. They just have a lot of child comments because HNers like nothing more than rebutting the dumbest opinions.
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chmorgan_ 2 hours ago
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booleandilemma 2 hours ago
It's what we regularly accuse China of, right?

While we're on the topic, why is it that we love to point the finger at other countries' corruption and we completely ignore the very obvious, rampant corruption in our own government? And I mean on both sides - Democrat and Republican. Insider trading, revolving door policies, etc. That's not even mentioning why we have people like Luigi Mangione. That's a whole separate elephant in the room.

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zzleeper 2 hours ago
Please don't "both side" this. As much as there is corruption in any administration, R or D, the levels we are seeing now are completely unprecedent and blunt. EG: https://www.cnn.com/2026/03/13/politics/trump-fundraise-emai... (from earlier this morning on the HN frontpage)
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fhdkweig 27 minutes ago
On that topic, how many presidents in the past have had merch stores after elected? I can understand fundraising during a campaign, but after winning or losing, the fundraising usually stops.
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bcrosby95 17 minutes ago
Merch. NFTs. Playing cards. Crypto coins. A phone. It's like we have Dennis Duffy as POTUS. If it were 40 years ago it would be like Reagan starting his own MLM.
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fhdkweig 12 minutes ago
And the worst part is, I don't think we will ever close this door. Even if the Democrats are in charge of the next presidency, the temptation of easy money will be too strong to resist. It wasn't done in the past, because it was assumed that the people would push back severely, but now that it is clear that they won't, it is full speed ahead.
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tomrod 2 hours ago
Not accuse. Observed.

This is a lot of similar-sounding-but-different problems.

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echelon 2 hours ago
I feel like we're dancing on the razor's edge.

On the one hand: high inflation, tariffs, layoffs, unemployment, high interest rate, energy crisis. Tons of economic red flags flashing.

On the other hand: AI is showing signs of being the next industrial revolution, we're re-industrializing, onshoring/friendshoring, and have a clear lead on chips and space tech at a time when it matters the most.

It's absolutely insane that Claude Code can spit out a week's worth of business automation tasks in half a day. And do it at relatively high quality in low-defect rate languages like Rust.

Europe won't be able to catch that. They're too busy regulating ahead of the tech. They're going to be a decade behind if they keep it up.

If we cut the chip supply right as things take off, China might not either. In a runaway takeoff scenario, they replace all their factory workers with robots and quickly scale and cost optimize. If America is smart, we might be able to do that too.

Our growth could accelerate or crater. These are wild times. More exciting than the last 20.

America needs to start pumping out new energy projects. It needs to make friends with all of its former allies. And it needs to import PhD students.

And we do need factories and raw inputs. The robots will take over for humans within a decade. If we stick the landing, we could be the new China right here at home.

Edit: rate limited on replies, so updating my comment instead.

Edit 2: Europe supplies the EUV lithography, but intelligence manifests higher up the stack. If we're talking rate limits, lots of countries supply critical inputs. I'm saying that Europe hasn't made strides towards developing their own models and infra, and it doesn't look like it's even close to starting to attack this problem. I want it to.

Edit 3: What I'm saying is that these tailwinds might put America back into the position it was in post-WWII. Manufacturing, tech, and science powerhouse in all the places that matter. Peers a generation or two behind. That's literally where America was after the war, and it looks like we could be teeing up for a repeat if it all doesn't unravel first.

America needs to double down on investing in energy and factories now. It looks like it will pay off in a big way.

Edit 4:

> You think Europe won't be able to use Claude Code

I would be extremely geopolitically anxious to rely on another country's tech in a take off scenario. Those tokens might be diverted to US businesses and factories. Or the US might strong arm concessions out of Europe. Europe needs domestic capability for this now.

It's not just Europe and sovereign nations. Workers and labor capital will be effectively frozen out of participation if there aren't open source equivalents.

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gmueckl 46 minutes ago
This is an downright evil take on the current situation. The supply chains are so complex that no single country is capable of replicating them entirely. It starts with the fact that the required natural resources are distributed around the globe in a way that no country has access to all of them. The production chains from resources to finished machines are downright byzantine. And this becomes recursive with the need for specialized tools and their own production chains along the way. You need trains amd trucks and ships to be able to build semiconductors, for example. Except for maybe China pr India, there is no country that has the manpower to cover all of this domestically. The supply of workers and training falls far too short.

Any Western strategy that sees this as both "us vs. them" and also pursues reduced international collaboration is bound to lose bitterly in the long run.

The result is either a silent collapse of that country's economy or the start of an ill-conceived war of conquest to gain by force what the country cannot supply itself.

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watwut 26 minutes ago
> Any Western strategy that sees this as both "us vs. them" and also pursues reduced international collaboration is bound to lose bitterly in the long run.

The problem is that Europe does not have a choice here. The Greenland steal crisis is on hold, but not fixed. America clearly shown it will abuse any ties there are - it will lock accounts to tech to bully and get what they want. It will use tariffs to bully countries to make laws, release presidents friends criminals from prisons, you name it.

Meanwhile, America seems to take Russian side in Russian expansion. Meanwhile, America is just cause major oil issue and potentially triggered next refugees crisis. Meanwhile, America clearly shown it does not even pretend to care bout war crimes and international law at all. It is sponsoring afd and other fascist parties all around the Europe while openly insulting Europe. Maybe it is too late for disconnect, but not trying would basically be a suicide for Europe.

It would be great if it was not "us vs them". But it is "us vs them". Trust toward American made Europe super vulnerable.

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psychoslave 37 minutes ago
> They're going to be a decade behind if they keep it up.

42 European here.

I've heard my whole adult life that Europe is ten years behind USA.

That doesn't feel that bad though. Being bleeding edge comes with the thrill of the avant garde prestige. But it does also mean you take the downsides of navigating the unexplored unknown in your face with no one to help with turn key solution when it happens.

If it means 10 years buffer on big social seismic troubles, that doesn't sound too bad if there is indeed an efficient shelve. That's not necessarily the case on every matter though, like global climate change is going to impact everyone, no matter the political isolation, and if a direct military aggression happens, it can be hurtful no matter how prepared is the society.

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rf15 2 hours ago
You really do not understand how interdependent everyone is. The chip machines Taiwan uses come from Europe, for example.

The US kneecapped itself for no reason.

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anonnon 9 minutes ago
> The chip machines Taiwan uses come from Europe, for example.

Yeah, the EUV photolithography machine, but not much else. American companies like Lam Research and Applied Materials are the leaders in thin film deposition and etch, KLA Tencor is the leader in metrology, and Synopsys and Cadance are the leaders in EDA (though there's also Germany's Mentor Graphics).

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alephnerd 59 minutes ago
> The chip machines Taiwan uses come from Europe, for example

The US, not Europe.

ASML's EUV and High NA EUV production is all done in California via US DoE joint ventures (specifically Cymer LLC [0]). Additionally, their metrology IP is Taiwanese [1] as part of ASML's acquisition of HMI back in 2016 with Taiwanese approval [2].

ASML is the capital partner because in the early 2000s, the US government wanted to prevent a duopoly forming between Nikon and Canon for photolithography as part of an antitrust battle.

And the next generation of lithography tooling coming into Taiwan is being funded and developed by Japan [3] due to MUFG, Mitsui, Mizuho, and SoftBank becoming the primary capital partners for Taiwan's electronics industry [4]. This is also why TSMC is expanding in Japan and Taiwanese players are transferring IP to Rapidus.

Additonally, all the packaging, testing, and design work - especially leading edge nodes - is done in Asia, the US, and even Israel but not Europe.

[0] - https://www.cymer.com/

[1] - https://www.asml.com/en/company/about-asml/hmi

[2] - https://www.asml.com/en/news/press-releases/2016/asml-obtain...

[3] - https://www.nikkei.com/nkd/company/us/SNPS/news/?DisplayType...

[4] - https://asia.nikkei.com/business/tech/semiconductors/japan-l...

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Hikikomori 53 minutes ago
The laser source, not the rest of the machine.
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WarmWash 41 minutes ago
The US used this agreement to bar ASML from selling the machines to China in 2018.

The machine is a clump of metal without the light source.

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alephnerd 52 minutes ago
The metrology is coming from Taiwan and California (HMI) as well. The Veldhoven campus "only" does final assembly (which should not be underestimated either - it's complex and high precision work).

But it's the light source and the metrology that is the blocker.

Edit: can't reply

> And mirrors from Carl Zeiss

Absolutely! But note how Zeiss/Trumpf is not ASML. If the US DoE changes the terms of the Cymer partnership and pressures Taiwan (who have just purchased $8B in US military equipment and whom the EU logistically speaking cannot protect) to revert the HMI acquisition, ASML is over.

Additonally, a lot of the muscle around Zeiss/Trumpf's mirrors is also at the Zeiss office in the Tri-Valley because of their partnership with LLNL.

And both China [0] and Japan [1] are in the process of building an Ex-ASML supply chain for EUV, NA EUV, and DUV, and will likely reach that point by the late 2020s to early 2030s.

[0] - https://www.reuters.com/world/china/how-china-built-its-manh...

[1] - https://www.nikkei.com/nkd/company/us/SNPS/news/?DisplayType...

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Hikikomori 45 minutes ago
And mirrors from Carl Zeiss. Heavy lifting on "only".
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ambicapter 60 minutes ago
> It's absolutely insane that Claude Code can spit out a week's worth of business automation tasks in half a day. And do it at relatively high quality in low-defect rate languages like Rust.

> Europe won't be able to catch that.

You think Europe won't be able to use Claude Code? If Claude Code is the one reaping the majority of the benefits of "spit[ing] out a week's worth of business automation tasks", then it's not worth much to the business. If Claude Code isn't the one reaping the majority of those benefits, then...Europe can use Claude Code too and reap the benefits for their business as well.

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CalRobert 58 minutes ago
Well, if it becomes strategically advantageous to bar Europeans from doing so, why would we (Europeans) be permitted continued access?
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ambicapter 56 minutes ago
Weird how all the American social media companies continue to try to operate in Europe in spit of the massive fines they keep on racking up in court. They can't help themselves, if there is money to be made they got to get in there.
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CalRobert 52 minutes ago
Social media is a tool to shift public opinion and extract cash from the general populous. Claude, however, is actually useful.
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A_D_E_P_T 48 minutes ago
Open models are, at worst, a few months behind SOTA closed models. This has been the case since 2024, and there's no indication that it's going to change.

You don't need anybody to permit you access.

You can, in all seriousness, thank Meta and the Chinese for this.

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xenihn 41 minutes ago
"A few months" is an incredibly long time when the gap is widening on a daily basis.
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kettlecorn 34 minutes ago
I'm not a fan of this "us vs. them" framing.

Arguably the greatest threats to the US's future is ourselves. If we fundamentally corrupt who we are as a nation we've already lost before the competition with rivals has even begun.

Our significant tech advances could become tools of our own downfall if they violate our values or undermine the social mobility of the American dream.

Frankly I think the people pushing this competitive mindset (particularly against the EU) are trying to mislead otherwise intelligent builder-sorts to not pay attention to the looting & destruction of American values.

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username135 42 minutes ago
I have been a nay sayer on LLMs/GPTs in general having tried many, but recently Ive been shepherding a fairly complex code build through the latest opus model and its quite impressive.

It still gets things wrong occasionally but the time its saved me has been substantial. Im starting to enjoy it.

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ssl-3 21 minutes ago
I recently built a reasonably-complex embedded controls project using codex and an esp32.

Starting with systems stuff like "Set up vscode with whatever it needs to work with codex and talk to an esp32," and ending with "Now add a web interface with persistent tunables that always runs in both AP and station modes," my prompt inputs were very terse.

And it'd just kind of go forth and just do it. It'd even design and run its own tests.

I never once looked at the code. For all I know, the code doesn't even exist.

And it works. I'll be using it in the field (in the proverbial middle of nowhere) all next week. I have every expectation that it will behave itself.

(I did spend a lot of time defining and refining some ground rules with AGENTS.md, but in theory I get to re-use that effort for the next go.)

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10xDev 2 hours ago
>Europe won't be able to catch that. If we cut the chip supply right as things take off, China might not either.

https://www.asml.com

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CalRobert 60 minutes ago
I would be worried about the US militarily capturing Eindhoven if Europe dared to cut them off.
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amelius 57 minutes ago
ASML is under US export control though. Probably because there is US tech in there.
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gambiting 2 hours ago
>>Europe won't be able to catch that. If we cut the chip supply right as things take off, China might not either.

My immediate thought is - why is it a race. Like holy shit imagine if we could actually work together instead of having this mentality of "if we work hard the other countries won't catch that". As someone who grew up in the golden age of globalization and rise of the information superhighway, the way countries are just siloing themselves and treating everything as a zero sum game is both sad and scary - that's exactly how you lead the world on a path to another world war - telling yourself that you don't need anyone else and in fact you need to beat them to the punch and everyone else is your opponent. If an alien race was looking at us right now they'd be shaking their heads.

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ordu 56 minutes ago
People tend to choose extremes. Either a total globalization or zero-sum games only. Everything in between bears risks of a cognitive overload so should be avoided at all costs.
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PaulDavisThe1st 3 minutes ago
> People tend to choose extremes.

Corporations, along with greedy, selfish people and also perhaps ignorant people too, tend to choose extremes.

The rest of us are remarkably good at compromising and finding common ground.

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WarmWash 49 minutes ago
I think when Europe failed to handle Ukraine on their own, the optics started looking pretty bad.
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CursedSilicon 31 minutes ago
They're handling Ukraine better than America is "handling" Iran
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georgemcbay 53 minutes ago
> America [...] needs to make friends with all of its former allies. And it needs to import PhD students.

America, in the form of the Trump administration and a Trump-subservient Congress, just spent the last year completely destroying trust on these issues and it would take decades of sustained effort to rebuild it.

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paulsutter 2 hours ago
> The integrity of U.S. statistical data is under threat from shrinking agency budgets, low response rates to government surveys, and political interference.

Just as both "sides" are upset about gerrymandering, yet neither "side" makes any proposal for an apolitical fair approach for redistricting...

So too with this debate. Haven't we heard the exact same arguments made, by the other "side"? I thought we weren't supposed to have flaming political bait on HN?

The solution to all of these problems is at hand, and we are the ones to build it. Let's just build.

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rapind 2 hours ago
There is a valid both sides argument to a lot of these issues IMO, but where the discussion ought to be is at how extreme “one” side has taken it.

Whether it’s executive orders, corruption, pardons, appointments, obstruction, gerrymandering. pedophilia, lying, etc. I don’t think there’s a valid defence of just how far one particular side has gone (and proactively I might add).

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testdelacc1 2 hours ago
Why is there always a both sides-er in these discussions?

FWIW, one party generally deferred to nonpartisan commissions to draw boundaries to avoid gerrymandering. So one “side” did far more than propose a solution, they did the right thing even when the other side wasn’t.

Gerrymandering is the worst example to pick when you’re pushing both-sides-bad.

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paulsutter 18 minutes ago
Great! So please explain what algorithms are used by these "nonpartisan" commissions?
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TimorousBestie 37 minutes ago
> yet neither "side" makes any proposal for an apolitical fair approach for redistricting...

Last week there was mention here of a proposal to fix the apportionment of House seats so that they are not capped at 435.

https://news.ycombinator.com/item?id=47332108

This proposal would make gerrymandering much harder.

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catlover76 2 hours ago
[dead]
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readthenotes1 2 hours ago
The reported economic data has been squirrelly for many years.

For instance, the employment report (establishment survey) has an error rate or +/- 122,000 with 90% confidence--completely swamping the actual value.

It be like I said I was 2m tall on my dating profile and one date is frightened off by my being -0.2m tall and another by me being 4m tall.

https://www.bls.gov/news.release/empsit.tn.htm#

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twoodfin 57 minutes ago
That’s 122,000 out of a labor force size of 170 million!!

Yes, month to month you have large absolute error bars vs. the monthly delta, but being an imperfect monthly barometer of labor force momentum is only the headline use of the establishment report.

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pastage 44 minutes ago
This is the point #1 in the article, the need for better sampling methods. You do not get that easily.
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lostlogin 58 minutes ago
That dating analogy would work better if America wasn’t messing up every relationship with lunatic behaviour.

Everyone swiped left long ago.

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alexfromapex 44 minutes ago
You can tell just from recent TikToks that the price inflation at the grocery stores is being fudged. Many items have 75-100+% price inflation from just a year ago.
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lkbm 33 minutes ago
I don't know why I'd trust TikToks when I also shop at multiple grocery stores every week.

Maybe there are a few outliers, but food inflation is definitely nowhere near 75=100+% YoY. The official price inflation numbers are much closer to what I've personally observed irl than what you see in viral TikToks.

TikToks get attention for being outlandish/exceptional, not for being an accurate representation of the norm.

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hattmall 27 minutes ago
The issue is that this isn't really supply constrained inflation. This is price discovery and discrimination by major retailers. The amount of coupons, conditional sale prices, and member savings has skyrocketed. I have paid rather intense attention to the price of groceries since 2015 when I started purchasing for my business kitchen as we started providing prepared meals. In general, prices are very close to 2015 levels for the important goods.

I have some basic guidelines for an acceptable range that are from when I started in 2015.

Milk: $2.50 / g Frozen Fruit $2/ lb Cheese $3 / lb Wheat $3 / 5lb Oats $3 / 40 40 oz Boneless Skinless Chicken Breast $2 / lb

These are all prices that I am still able to routinely meet or exceed in 2026.

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anigbrowl 13 minutes ago
The amount of coupons, conditional sale prices, and member savings has skyrocketed.

This is a Bad Thing. Sure when I do grocery shopping I keep an eye out for bargains, but I also don't want to have my buying choices overly shaped by the retailer so I end up spending money on stuff I don't really want. I especially don't want to deal with coupons and buy-this-get-that offers. Planning out what to eat and remembering to get what I need is enough mental effort without having to spend time on discountmaxxing which is really just another kind of advertising.

acceptable range [...] Cheese $3 / lb

I don't know what kind of cheese you're getting for $3/lb but I'm pretty sure it isn't good for you.

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SoftTalker 10 minutes ago
Beef is an outlier though. $20-$30/lb for supermarket quality is quite a lot.
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bcrosby95 24 minutes ago
I track my grocery spend and even with three growing kids it's gone up 18% the last 6 years. It's not scientific but I don't see how your statement can be true unless by "many items" you're not talking about the bulk of what my family spends
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whateveracct 23 minutes ago
I regularly buy whole chickens (locally raised free range) for $1/lb. With individual cuts comparably cheap (and often BOGO). I live in an above-average, CoL area too.
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iso1631 32 minutes ago
Any many items don't.

If you select the biggest changes then sure.

My grocery spending is up about 45% since 2016. CPI in the UK is up 38% in the same time, but then my kids are teenagers and eating more.

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NewJazz 31 minutes ago
I remember seeing a lot of social media posts during the Biden admin about grocery prices... Turns out a lot of folks were just comparing the same cart, not taking into account discontinued items that were being auto-replaced with more expensive goods, or things like that. It wasn't always an accurate representation.
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throwawa1 2 hours ago
Its been unreliable my entire life. Every year the economy gets better but life gets worse. You can't even recognize the country any more.
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CalRobert 59 minutes ago
The economy can get better while life gets worse for most people. After all, an economy where 95% of the work was done by enslaved people might produce amazing profits and a very high GDP....
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lokar 35 minutes ago
The use of GDP, or GDP/Population as the primary metric is a real problem.

We need to use a metric that is closer to "total economic benefit for the median person", that would include income, as well as government services.

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cess11 28 minutes ago
The Gini coefficient and sometimes its' velocity would be a better alternative.

https://en.wikipedia.org/wiki/Gini_coefficient

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Joel_Mckay 36 minutes ago
GDP is a measure of economic activity, and goes up when people are forced to rebuild after natural disasters etc.

%Debt to GDP excluding military pay and allowances indicates how your grandchildren will live. Above >130% they will be poor, and remain poor indefinitely. You may disagree, but it is not like anyone wants this to happen.

The economic conservatives were compromised, and went insane =3

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kenjackson 46 minutes ago
It may be unreliable to you. I see the life of most people around me getting better. Even people that are somewhat poor (not dirt poor, but free lunch poor) have homes, three squares and snacks, PS5, mobile phones with cellular data, and cable tv. The biggest life issues I see are usually strongly related to substance abuse and mental health.

Transplanting to even just the 80s would be a culture shock for most people.

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HEmanZ 15 minutes ago
There is huge variation in what the US trend looks like from the ground that varies by region, age, income level, industry, and demographic.

EI think if you’re a professional class baby boomer the trajectory has looked fantastic through your life.

If you’re a 35 middle income living on the coasts (where at least 100 million Americans live) you may have watched affordability collapse and QOL decease significantly over the last decade.

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pyronite 53 minutes ago
A subjective sample of yourself isn’t representative of the overall economy or the way an economy should be run.
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Negitivefrags 41 minutes ago
I’m curious how you would respond to the arguments in this video.

https://youtu.be/9KJTWmRrneo?si=I9mvSPfDnhkckb9n

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anonnon 22 minutes ago
This chart: https://www.longtermtrends.com/home-price-vs-inflation/

And Case-Shiller is based on price-per-square footage, so the argument that houses are bigger is moot.

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mattmaroon 45 minutes ago
I honestly think that the idea that this is what’s happening is almost entirely propaganda.

I think people have an overly rosy view of the past and an overly negative view of the present. What has changed more than anything is we all have the 24/7 instantaneous news cycle, and algorithmic propaganda delivery.

Every election year zillion of dollars get spent convincing you the country went to hell in a handbasket because of the other party.

Which is not to say there are not issues, or even some new ones, but I don’t think the present is significantly worse than the past in many ways, and it is significantly better in several

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righthand 18 minutes ago
This is overly optimistic and a "it hasn't happened to me yet so who cares" view. World War 3 has started and DHS is killing Americans and rounding up people in the street because one side was able to convince the country that the only thing to do was destroy and hurt a lot of people including themselves. That's not better than my past and it is significantly worse in a lot of ways. I haven't even received a cost of living increase in my salary in the last 5 years, let alone watch things and places I enjoy in life be dismantled so someone can make money off the attainment of bread.
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Papazsazsa 2 hours ago
Sorry, did I miss the period when economic data was reliable?

EDIT:

- GDP is a construct

- CPI has been overhauled many times

- Unemployment has always been politicized wrt what to count

- Trade data misses entire segments ie services, transfer pricing, digital

- Job creation is a black box

- The Fed

- The lag between monetary/fiscal/trade/regulatory policy

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tomrod 2 hours ago
1900 to 2024 for the US.

For Iran, China, USSR, for example, you had to back in estimates from observable benchmark information uncontaminated by dictatorships. You didn't have to do that with tbe US.

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xanthor 13 minutes ago
Can you address any of the points the commenter made instead of retreating into an ideological non sequitur?
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convolvatron 13 minutes ago
its a measurement process of a large and complicated system. some of the things you cite are actually signs that the system was actually kind of working. CPI is a basket of indicators, there is no way that's ever going to capture the whole picture.

the best we can ask for is apolitical appointees whose goal is to improve the process and transparency about how the data was collected, publication of the raw numbers, and publication of the methodology used to synthesize it.

my understanding that the appointment process has been corrupted, but do we know to what degree transparency has?

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ianhorn 40 minutes ago
Two things come to mind:

- Whatever you measure gets optimized.

- When a measure becomes a target, it ceases to be a good measure.

I have no idea which is more relevant here. Looking at the first one, my whole life people have been complaining that the measures that get touted in political discourse don't reflect quality of life. So if we stop looking at those as measures because they cease to be reliable, maybe they stop getting myopically optimized and we can get less myopic about what we prioritize in aggregate.

But looking at the second one, I've also wondered whether those measures really do reflect typical quality of life, and it's just that the people doing worse than typical will always see the measure as the wrong measure. So then we'd be losing the ability to prioritize actually useful things.

In my heart though, I kinda lean towards the first one. I've been in enough orgs where "the dashboard goes up" is incentivized to the detriment of the unmeasurable things that actually matter to the org.

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