4 ms·

Young, single and renting, yeah, not so bad. Older, married, mortgaged and possibly kids, well, having to uproot and possibly sell a house in a down market and

Young, single and renting, yeah, not so bad. Older, married, mortgaged and possibly kids, well, having to uproot and possibly sell a house in a down market and also possibly live apart for a while, sucks. People bet a portion of their lives on their employer and there’s a lot of hassle recovering from unplanned changes. And in the states, cobra can be expensive. Not everybody can run barefoot. Edit: forgot, might have to scramble re immigration upon layoff.

tasuki 4y ago
> People bet a portion of their lives on their employer and there’s a lot of hassle recovering from unplanned changes. Based on whatever laws protect you as an employee, I don't see why people bet such a large portion of their lives on their employer. My spouse died recently and I was left to care for a toddler by myself. It was rough. I could not work anymore and after some period of unpaid leave, my employer proposed to end our cooperation. I think it was fair. They had paid me well for my work and I was smart enough not to blow it all on big cars and other useless things. Highly paid specialists complaining about the big tech layoffs are either in a better position than me (usually they either have no dependents or have a spouse to help with either the mortgage or the kids), or their bad situation is entirely self-inflicted by their reckless spending.
- fatfingerd 4y ago
  Sure, I have lived well bellow my means to basically self insure my whole life.. It's at best rather pointless and depressing to live at a set quality of life in that version of a low trust poorly developed society. The whole point of insurance was to pool for emergencies. If you have to keep enough money for two things insurers are adept at not covering in a row you may as well save all your premiums to get there faster.
deleted 4y ago
[deleted]

tasuki 4y ago

> People bet a portion of their lives on their employer and there’s a lot of hassle recovering from unplanned changes. Based on whatever laws protect you as an employee, I don't see why people bet such a large portion of their lives on their employer. My spouse died recently and I was left to care for a toddler by myself. It was rough. I could not work anymore and after some period of unpaid leave, my employer proposed to end our cooperation. I think it was fair. They had paid me well for my work and I was smart enough not to blow it all on big cars and other useless things. Highly paid specialists complaining about the big tech layoffs are either in a better position than me (usually they either have no dependents or have a spouse to help with either the mortgage or the kids), or their bad situation is entirely self-inflicted by their reckless spending.

fatfingerd 4y ago
Sure, I have lived well bellow my means to basically self insure my whole life.. It's at best rather pointless and depressing to live at a set quality of life in that version of a low trust poorly developed society. The whole point of insurance was to pool for emergencies. If you have to keep enough money for two things insurers are adept at not covering in a row you may as well save all your premiums to get there faster.

deleted 4y ago

[deleted]