pbourke

60 ms·

631.
by pbourke 6y ago
> I predict that the market will recover, just like it always has, but feel free to disagree. What are the public policies that will help the market recover? (assuming that you mean the “job market” or “market economy” in general, and no
632.
by pbourke 6y ago
I agree that the fiscal stimulus, under the control of Congress, was much less that it should have been. However QE is monetary stimulus under the Fed’s control and as I recall there were several rounds of it, in addition to other programs.
633.
by pbourke 6y ago
> I should learn to never read anything from random people working in areas they don't have any expertise in. This is one clear lesson that can be drawn from the pandemic.
634.
by pbourke 6y ago
You asked “What are the incentives for government to serve the greater good of the country“ and I gave you an answer: it’s the reason why governments were created. Are they perfect? No. Can they be entirely replaced by the private sector? N
635.
by pbourke 6y ago
> What are the incentives for government to serve the greater good of the country "We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common def
636.
by pbourke 6y ago
So they should comb through auditor's reports, and recognize when the funding entity has been improperly seconding pension contributions over to the general fund such that it will run dry in 23 years instead of the mandated 42? If we&#
637.
by pbourke 6y ago
Counterpoints: - before Coronavirus, there was a shortage of people to work in software (if you believe BLS) - software employment represents a very small portion of the labor force - there are many problems that have just happened that wil
638.
by pbourke 6y ago
> What I don't understand is, what are the consequences are? The consequences of the 2008-2009 financial crisis were the defacto nationalization of large US banks as Systemically Important Financial Institutions (SIFIs). Basically i
639.
by pbourke 6y ago
Are you serious? You expect a 22 year old firefighter to know how well funded the pension system is? Give me a break.
640.
by pbourke 6y ago
Would you say that to the police or firefighters who responded to 9/11? There are outsized risks involved in both occupations.
641.
by pbourke 6y ago
While we're throwing rocks at teachers and firefighters, would you consider the trillions of dollars that the GOP made off with during the "Tax Cuts and Jobs Act" smash and grab job fraud and theft? What about the pensions of
642.
by pbourke 7y ago
> It could be argued that the value of the REST backend is lower than the value of the stupid buttons: since the backend is so simple, everybody can do it, while the stupid button takes a wizard to get right. Yeah, or the first piece of
643.
by pbourke 7y ago
> The result is San Francisco, the most innovative city in a generation, proposing a Office of Emerging Technology to require any technology that uses public space, scooters for example, to get prior permission from the city That sounds
644.
by pbourke 7y ago
I don’t buy any inference drawn from that study that is in the realm of “20% of the population of NYC was exposed to SARS-CoV-2 and developed immunity” I think that will be the primary message that people will get from that study.
645.
by pbourke 7y ago
How does that change things? I think small landlords are especially exposed to the dilemma because they have fewer resources at their disposal.
646.
by pbourke 7y ago
> I’d assume most people, particularly landlords and local government would want to avoid that. This seems like a “prisoner’s dilemma” situation. It’s rational for an individual landlord to evict a delinquent tenant and seek a new one. H
647.
by pbourke 7y ago
> Key to their strategy was actually providing the public with something most people actually wanted The people who want the service are not necessarily the same as the people who are affected by the externalities of the service. Everyon
648.
by pbourke 7y ago
Key to their strategy was having deep enough pockets to fight many simultaneous legal and PR battles.
649.
by pbourke 7y ago
Not the best word choice. s/iconoclastic/singular/
650.
by pbourke 7y ago
> Seems like an interesting way to get into programming. This would be an iconoclastic route into programming, to say the least. If you are looking for a more approachable or practical book that gets you programming and introduces some t
651.
by pbourke 7y ago
> Can’t get over the fact that even food banks are apparently drive-through operations in the US, in what appears to be a suburban wasteland... I thought the car pickup was happening because buildings have been closed for social distanci
652.
by pbourke 7y ago
Do you think the market is appropriately pricing risk? Do you feel the economic outlook and prospects for growth are the same now as they were in June 2019 when the S&P 500 was at a similar level? Honestly I think the jury’s out on whet
653.
by pbourke 7y ago
> everything was "fine" There were signs that everything wasn’t fine before the crisis. The periods of inverted yield curve and freeze up in the overnight repo market last fall come to mind. The tide has gone out and we’ll quic
654.
by pbourke 7y ago
Yeah the yield curve was inverting and repo market freezing up months before the coronavirus crisis
655.
by pbourke 7y ago
Bikes are selling because they are an alternative to other spending that is either not allowed or not desired. People will spend $500-$1000 on a bike while also forgoing $2500-$5000 of travel, entertainment and restaurants (over a year)
656.
by pbourke 7y ago
Let’s not let any humor distract from the pedants, bores and scolds doing yeoman’s work.
657.
by pbourke 7y ago
> There has been confidence all around from seemingly credible sources - acting on too early and thin data about what measures were effective or non-effective, many of which have been reversed in the last couple of weeks. This is true. I
658.
by pbourke 7y ago
> Mask wearing is, as of now, still a hotly disputed topic. It isn't disputed in many countries in Asia.
659.
by pbourke 7y ago
I have wondered whether there is room for a new paradigm in government IT contracting: the worker-owned public benefit corp. The focus would be on building and applying “open first” government solutions. This type of entity would feel to em
660.
by pbourke 7y ago
I once met an unemployed software engineer who went door to door selling magazine subscriptions.

More ›