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This is true but it had not exploded at rates like this until 2022ish. Since 2000 the fed interest rate was effectively 0 until now. This is causing companies t
by almosthere 2y ago
This is true but it had not exploded at rates like this until 2022ish. Since 2000 the fed interest rate was effectively 0 until now. This is causing companies to cut every corner they can, which is causing no employment here, and 100% employment abroad.
- kasey_junk 2y agohttps://www.macrotrends.net/2015/fed-funds-rate-historical-chart https://www.macrotrends.net/2015/fed-funds-rate-historical-c... Not true at all. We are in the same regime as the pre 2008 rate response. We are below the late 90s boom times. So you’d need some other explanation other than bare rates.
- almosthere 2y agoInfrastructure for internet access, education in programming, and a lot of other things were NOT there in other countries in 2008-2012
- bigtimesink 2y agoThe thing the WFH proponents didn't understand was that it showed management if you can do your job remotely, Andrzej can do it from Kraków.
- gedy 2y agoI think WFH should stand for Where's Fucking Housing because that's like 90% of the "WFH crowd"'s motivation from what I've seen - since companies almost never pay enough to live near enough to their office. If they did, then the price differential between US and overseas would be even worse..
- kridsdale1 2y ago/s You see, it’s of critical importance that Santa Clara valley retain the character of a quaint mid 1960s town of single level shops and tract houses. Where jimmy can ride his Big Wheel in the Cul De Sac.
- RestlessMind 2y agoGood. So earlier, you had a good well-paying job but no good housing. Now you have neither. Sigh.
- almosthere 2y agoI love your take on WFH!