rank0

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91.
by rank0 3y ago
Wages are just the price of labor. Our currency is worth less, so employees are demanding more in dollar terms for their labor. I feel like people misunderstand/misrepresent what the fed officials say about the relationship between wag
92.
by rank0 3y ago
You’re missing the point. No corporations means no goods/services. Share with me your fairytale about how we’ll all have apples/cars/whatever without free enterprise. People like you would rather see the world burn than see t
93.
by rank0 3y ago
Starting a company is not inherent good, but rather a prerequisite for a prosperous economy. Who do you think maintains supply chains? Who is gonna sell food, energy, and build infrastructure? Entrepreneurship and capitalism for all its ugl
94.
by rank0 3y ago
He already paid taxes on the compensation! He sold stock that had previously vested and taxes are calculated at the time of vestment. What's so special about the Moderna employees? They already make much more than the median American i
95.
by rank0 3y ago
Did you even read TFA? The 400M came from planned stock sales. How are you gonna distribute that money if not by taking his ownership? And your suggestion that anything remotely similar happened to the Reagan era corporations is plainly fal
96.
by rank0 3y ago
Very convenient of you to entirely sidestep discussion of the original point: “80% income tax bracket at >$100M” It’s ridiculous that so many users of this startup accelerator forum want to ban private ownership. I guess I’ll bite… Why w
97.
by rank0 3y ago
How much revenue do you expect from such a tax bracket? You should do some napkin math to see if it’ll actually make a difference. I suspect very few people report income in excess of $100M and an 80% bracket would do very little for societ
98.
by rank0 3y ago
Living standards have never been higher in the history of mankind. Go read some history! I’m not even sure what you’re advocating for, but blind anger at the world is senseless. You want to replace our current society with a new one? That c
99.
by rank0 3y ago
Take a look in the mirror dude. I called you naive and this was your response: “this is the only time of the day you actually feel like your existence means anything” You are gripped by ideology. Don’t train yourself to think everyone is ev
100.
by rank0 3y ago
This is a hilariously naive take. “My value system would create a utopia and everyone is evil because the world doesn’t subscribe to my nebulous beliefs” Real unique idea!
101.
by rank0 3y ago
Any reason why you don’t like cloudFormation or the SDKs?
102.
by rank0 3y ago
I actually love the weaponization of OSS. It eats away at the technical gap between proprietary systems and their FOSS equivalents. See elasticsearch + openAI (although open models are still quite far behind)
103.
by rank0 3y ago
The OECD definition says this: "Information is also presented for gross household disposable income including social transfers in kind, such as health or education provided for free or at reduced prices by governments and not-for-profi
104.
by rank0 3y ago
> return to a much higher upper marginal tax rate (there's no evidence that the reductions which started with Reagan have benefitted most Americans in any way). > reduce military spending (American's socialism) by at least 5
105.
by rank0 3y ago
I meant literally legal. My point being this practice is legal so universities may accept whoever they want.
106.
by rank0 3y ago
My argument is that the university is free to conduct admissions as it sees fit within the bounds of the law. A preference for family members of alums is totally legal. Are you suggesting that the federal government should dictate admission
107.
by rank0 3y ago
That's a typo its supposed to be "Unsheltered Homeless". I don't think you're understanding the broader point. Look at the economic data. The PPP median household income and PPP net wealth is much higher in the US.
108.
by rank0 3y ago
I don’t know much about Denmark but it sounds like a great place! I’d be concerned that policy in Denmark wouldn’t work in the US due to the enormous differences in size, culture, geography, etc. That’s why I think it really only makes sens
109.
by rank0 3y ago
Glad we could find common ground! I’m not claiming that life in America is inherently better…just pointing out that things are pretty fucking good all considered. I’m not in favor of a wealth tax though I frankly still don’t see any evidenc
110.
by rank0 3y ago
There’s a lot of great things about the French economy. There’s also plenty of areas where they lag behind the US. The French labor force participation rate is ~74% compared to ~62% in America. The French homeless rate is 3x the US rate. Fr
111.
by rank0 3y ago
Me too! Unfortunately the only way to do that at tech is to aggressively expand student body size. > I much preferred the persona of giving everyone a chance and weeding out people out so that they could give kids without stellar resumes
112.
by rank0 3y ago
Yes I agree with that! It makes no sense to compare Beverly Hills to the state of Oklahoma.
113.
by rank0 3y ago
I appreciate the response! > By contrast, social democratic societies in Europe have lower median (PPP) income, but higher income redistribution means that far fewer people face such struggles. The idea that EU citizens do not face pover
114.
by rank0 3y ago
Lol. The US is hundreds of times larger than those countries. It does t even have to be about the US… Do you really think it’s reasonable to compare Luxembourg with its 600k population to a country like Germany which has 84M citizens?
115.
by rank0 3y ago
Median (not average) PPP income is highest in the US. See: https://en.m.wikipedia.org/wiki/Median_income While it’s true our income inequality is larger, the fact still remains that the median American makes more money
116.
by rank0 3y ago
I concede that maybe it’s not the way “things ought to be” But what’s your legal argument for why this practice should be prohibited?
117.
by rank0 3y ago
There’s not a scarcity of education. Anyone is free to attend community college with guaranteed transfer to a larger state university provided they meet their GPA requirements. EDIT: I do agree with you about employers overvaluing credentia
118.
by rank0 3y ago
The people receiving athletic scholarships to elite universities have accomplished something amazing. It requires extreme dedication, teamwork, sacrifice, and an understanding of competition/iterative improvement. Applicants who are eq
119.
by rank0 3y ago
I have a hard time defining my own stance on this point. For example, my alma mater GAtech allows for automatic admissions of my immediate relatives provided they reach some bar like 3.5 gpa + 1400 SAT (math+reading). Do you think this shou
120.
by rank0 3y ago
Is your argument that we should not have elite universities in the US? Seriously?

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