SerotoninsGone
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User ID: 1195
SerotoninsGone
8mo ago
I fail to see how this type of immigrant is a resource drain at almost any scale. He's hungry and eager to work, has a skill, is willing to learn english (which I'll take as signaling the desire to assimilate). The job market is tight. Where's the downside? Yes at some point we don't need more workers but we're several million workers short of that at the moment.
Perhaps in a more perfect world we'd have an elaborate visa system like Canada to only let in the immigrants like this. But in some respects the journey he made was the elaborate filter, and seems to be doing a somewhat decent job. I trust the government to do almost nothing properly, so maybe a difficult journey works just as well in practice as letting the government pick immigrants.
SerotoninsGone
10mo ago
Time to production varies based on the type of project. In the Permian you can go from a drawing on a napkin and some capital to physical production in less than a year. In the gulf of mexico, it's more like 4-5 years (and the capital costs are insane).
To be clear, this is a change from the way things were prior to say 2010. Time from spud to completion in Permian is down to ~6 months. Used to be more than a year.
SerotoninsGone
11mo ago
Been there. I tried it and went back to tech. This is why people start their own companies. Though in fairness I can't commiserate on the DEI stuff. I'm in the oilpatch -- we're 30 years behind, desperately trying to hire women. We haven't begun to wrap our brains around hiring anything past that (though in fairness we're the most diverse, from a skincolor perspective, workforce on earth. Probably ideologically too -- lots of smart people from weird countries).
SerotoninsGone
1yr ago
More of this -- I really appreciate revisiting previous analysis with what (at the very least appears to be) openness. Well done. I too wanted to attribute it all to a vibe shift but clearly these events are dominated by politics as usual (see Jacinda Ardern's resignation).
Lurches might not be the right word but it's definitely something more than drifts or moves towards. I've lived in Texas for more than 20 years, and this past year is the first time that state politics has really impacted my life in a meaningful way. Abbot's fight for vouchers has had the side effect of starving urban school districts, who are unable to raise funding because the state takes the majority of their property tax revenue through the "robin hood" program (and no longer even uses it for education -- now it just goes into the state general fund. It's purely kleptocratic now in a way that I don't believe it always was). My school district is getting rid of librarians and counselors as they can no longer afford them, cutting gifted and talented programs (very much done to piss off the rich -- it's not saving much money but it generates lots of ire), and generally laying off teachers and increasing class sizes. It feels like a game of chicken between the governor and the school district, and right now Abbot is winning (at least from my standpoint as angry parent).
The irony is that school vouchers are not popular in rural districts, where public school tend to be the largest employer. I'm curious how this plays out but I'd really like them to get on with it already, declare a victor in this round of fights and go back to governing.
Also on the lurch -- the republican platforms first plank is completely abolishing property taxes (this was discussed a few months back). There are a number of similarly ludicrous ideas on there -- again -- if it's not a lurch it's definitely something out of the ordinary.
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