rpiguy

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271.
by rpiguy 7y ago
Disability is a federal benefit (not state) and according to the article a whopping 2/3 of these men are on at least 1 federal disability benefit. Furthermore, 1/2 of the men take prescription pain medication daily. The government
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by rpiguy 7y ago
Because every major tax cut, except George W Bush's lead to an economic boom that people felt. Kennedy, Reagan, Clinton, Bush, and Trump all pushed through major tax cuts. Each time it was followed by economic growth (except W). Now mo
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by rpiguy 7y ago
That is sound and oft repeated advice, but I do wonder how many people actually follow it. Anecdotally my parents are half retired and still have most money in stocks, as did one set of my grandparents. They lost a huge amount of their reti
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by rpiguy 7y ago
This is not hacker news related but I’ll weigh in anyway. Regardless of your position on biological gender Jk’s tweet was in support of a women who refused to acknowledge the preferred name of a transgender coworker. I am sorry even though
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by rpiguy 7y ago
Who cares if the Dow plunges? The largest block of active voters, retirees and those near retirement who live off or will be living off their investments.
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by rpiguy 7y ago
Gold was the inflection point. It wasn’t just the US economy you will find a similar inflection point around the world. Even if all the other factors remained the same but the world had stayed on Breton Woods, the economic change that could
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by rpiguy 7y ago
Primarily the site implies moving off of the gold standard in 1971 was main trigger. This decouples the growth of money, value of assets, wages, productivity, etc. which all tracked together in the preceding thirty years.
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by rpiguy 7y ago
That is actually a really fair point, I was only considering the actors and musicians who have "made it." The second point, the surplus of people willing to do whatever to make ends meet - this is shrinking as more people expect t
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by rpiguy 7y ago
The communes do not match work to ability based on what I read. The distribution of ability wasn't a factor in who did what job and who got paid.
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Is there a repository of successfully funded business plans
2 points by rpiguy 7y ago|0 comments
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by rpiguy 7y ago
The most remarkable idea they had was that the jobs no one wanted to do should be compensated the most: "Jobs were compensated at three levels, with exhausting or repugnant jobs earning a premium and light and attractive jobs being doc
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by rpiguy 7y ago
Let's say this adds 10 pounds to each seat times 150-400 seats. No way the airlines would go for it they are trying to cut weight from the planes to scrape every ounce of fuel economy out of the airframe. It is a non-starter. Airlines
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by rpiguy 7y ago
Most employees will not become entrepreneurs so I doubt it will factor much into the decision whether or not to work for Apple. Almost all employers in the US have that kind of non-compete clause and they are enforced more often than you wo
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by rpiguy 7y ago
Growth occurs organically in a market system. It does not in a socialized system. I was not associating growth with inefficiency - I was associating high pay with it.
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by rpiguy 7y ago
Did I ever argue against improving the system or imply these bankruptcies should happen? I just said I’d take this system over alternatives not that it couldn’t be improved.
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by rpiguy 7y ago
As I said it’s optimized differently.
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by rpiguy 7y ago
No socialized system pays what our system pays.
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by rpiguy 7y ago
Irrational yes. Broken, no just optimized differently than other systems. The system is optimized to serve those who can afford it and those who are very poor and get it for free, but not those in between. It is optimized to generate profit
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by rpiguy 7y ago
Article is ruined by sensationalism, but I’d expect no less from the NY Post. It is a shame because I am sure there are real issues with Amazon warehouses, but choosing an employee who took a job they are not physically capable of doing and
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by rpiguy 7y ago
I maintain that an overly progressive tax merely protects the rich because their wealth is largely in assets. Increase the income tax to 80% on Zuckerberg and he is just as wealthy tomorrow as he is today (well the general stock market migh
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by rpiguy 7y ago
Yes ten years ago is about when I first sensed a change and I figured others had pointed it out. I’ve been a lurker from almost the beginning. I still really appreciate this community even if it has changed. Change is normal.
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by rpiguy 7y ago
The site still feels more inclined toward political discussion than it used to be. There were the occasional explosions like when Chelsea Manning was arrested and when Schwartz committed suicide, but the site used to feel more technical...
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by rpiguy 7y ago
He doesn't have 112 billion dollars, he owns shares in a company worth that much, which have to be sold to be converted into dollars. If the government seized 75% of it, the government would be left holding 80 billion dollars worth of
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by rpiguy 7y ago
Higher income taxes only protect the rich, because their wealth is largely asset, not income based. Unless you go full Marxist and seize property (assets) higher income taxes only prevent the middle class from accumulating wealth. Warren&#x
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by rpiguy 7y ago
Article ignores the programmed, evolutionary reasons humans seek wealth. It isn’t just moral folly. Increased chance of survival, increased prospects for offspring, increased attractiveness to the opposite sex for both mating and recreation
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by rpiguy 7y ago
People still get bullied today for sure, but it is less than it was 30 years ago. There are kids today who grow up and have never gotten into a fist fight. This is incredible to me because as a child most of the boys would fight now and the
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by rpiguy 7y ago
The 1990s were not like the 1950s. Most of the 1990s were a depressing grunge-fueled flannel fest. Manufacturing jobs really started to accelerate out of the country as we signed a multitude of free trade deals. Funny how most people only r
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by rpiguy 7y ago
I am actually not opposed to some kind of national health program, but the supply problem (and therefore the price problem) needs to be addressed first. Partially socializing what we have today will only make things worse. Proponents of nat
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by rpiguy 7y ago
That is what your employer paid for your insurance. You might be able to get a cheaper plan on Obamacare/ACA. Companies pay large portion of your insurance that you never see. COBRA brings it all to light. There is a movement to count
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by rpiguy 7y ago
Thank you for pointing this out. Forced sharing is confiscation.

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