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sarker

It isn't happening, and if it is, it's a bad thing

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joined 2022 September 05 16:50:08 UTC

				

User ID: 636

sarker

It isn't happening, and if it is, it's a bad thing

0 followers   follows 0 users   joined 2022 September 05 16:50:08 UTC

					

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User ID: 636

Then there was the child tax credits, the stimulus checks, etc. Money went to everyone across the class spectrum.

Of course, but we all know that poor people have more kids and that poor people are more likely to spend the marginal dollar rather than save it.

Reading your article, it looks like the increase in wages was caused primarily by Minimum Wage laws increasing wages by fiat.

I didn't read the article's causal analysis and don't stand by it. I knew from prior reading that wages increased most for those at the bottom of the distribution and grabbed the first article that Google found.

I am skeptical that minimum wage laws make a big difference here given that few positions pay near minimum wage, but I admit I haven't looked closely into this.

If you are correct, then should not it be obvious to an economically savvy publication to be terrified of the resulting inflation?

Or is inflation a little more complicated than that?

People don't like to think about demand-pull inflation or the wage-price spiral for these very reasons, but unfortunately facts apparently don't care about my feelings.

Inflation occurs when aggregate demand outstrips aggregate supply. Covid torpedoed a bunch of supply chains, reducing supply and everyone got helicopter money (and don't forget eviction moratoria and a million other things) that juiced demand. The result is as you see it.

Changes in average real wages masks the explosion in bottom decile wages during the pandemic. That's a 12% gain in real terms for the bottom decile, 2019-2023.

I don't know why you are linking an average wage analysis from a single month as evidence of anything.

Are you saying inflation was caused by wages increasing instead of the government printing money?

Where did all the money the government printed go?

Aren't you the guy who drives at 130mph on the freeway?

Traffic doesn't need to be going at the same speed so long as it isn't in the same place. Not everyone on the Autobahn is going at the same speed, but slow traffic keeps right and everyone goes home at the end of the day.

And you can pack a lot more eggbikes into a lane than cybertrucks, and with a shorter follow distance too.

Dystopia?

A world in which everyone commutes in electric powered eggbikes at 90mph is basically ideal.

It's coupled with increased wages for the <1% of people who work on farms. The other 99% just pay higher prices.

Walk? How much time do you think people have to dedicate to commuting every day?

It would take twice as long for me to walk to my local train station as it does for me to drive to work. Then, it would take me as long again to walk to work from the destination train station.

Taking a bus to the train station takes longer than just biking there.

That stop is what I would call "out in the sticks" rather than merely "suburban". The caltrain corridor in the SF bay area is primarily suburban and the lack of grade separation is a nightmare.

In any case, the major cost is not plopping down a station by the side of the road, it's laying the track and running the trains on spur lines that by their nature are going to be highly underutilized (due to the lack of density).

I don't even see this as a counterexample because (if Google maps is to be believed) there's no transit for miles around these lines.

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Weaving at 130MPH on the interstate when there's cars on the road is antisocial behavior and I sincerely hope you age out of this before you kill someone.

Rich countries should have well-functioning public transport in urban centres which is apparently missing in America.

I don't think I've been to a city where public transit didn't have a last mile problem except the very densest parts of tier 1 cities like London, Paris, etc. Busses are almost always slower than cycling on the periphery, and it's cost-prohibitive to have metro stops every mile once you're out of the very center of town. And most people don't live in the very center of town.

Which part of this article claims $1000 per query for deep research?

I don't care how good it is, I don't want to hear it blaring through my windows. Or my walls (been there, done that).

There is one more option, which is that AI causes GDP to grow fast enough that the government can fund obligations with no (or very little) tax hikes. This would be a ridiculous deus ex machina that would basically confirm that we live in a simulation.

And yet...

I (male) shared a bedroom with my sister (female) for a pretty long chunk of time. It's really not such a big deal.

But he's been at it for nearly two decades, and it seems unlikely that he has been saving for retirement. He can't pick pineapples (or whatever) in Hawaii forever. Can he?

The man's expenses are probably near zero. Between savings and social security he may be ahead of the modal silicon valley striver living paycheck to paycheck between mortgage, property taxes, and private school.

But the basic issue behind the abortion debate is this: women don't want to be forced to spend nine months pregnant. That's a massive imposition on their lives. It doesn't really matter whether you're doing it out of "hate" or honest conviction, they will see you as their enemy and won't want to associate with you.

Men and women famously had similar views on abortion until 2020. Framing this as men imposing on women doesn't reflect reality.

Uh, could you repeat the question please?

Any operational definition of "economic growth" in this context that results in it not getting harder to buy housing over time means that housing is not a good investment.

Deepseek is that chick from Hong Kong ...

And then there's Haskell...

Haskell is like "that girl." You know the one...

You never really went steady, but you'd run into her from time to time while knocking around in disreputable joints, usually late at night, every several months or so. She looked so hot, so sleek, so sexy, so expressive, so exotic. You'd end up back at her place and the night would just... take off. A complete blur of hot, sweaty, feverish, delirious, fumbling passion. You'd do things to each other... you'd do things to her, she'd do things to you... things that you're not even sure have names, that you're pretty sure are illegal almost anywhere. Even her kinks have kinks --- and after one of these nights, you'd realize that you yourself had a lot more kinks than you. And it wasn't just physical, it was --- cerebral. Ethereal. Transcendent. But it would all whiz by in a blur, and by morning you'd find yourself lightheaded, a bit confused, and stumbling homeward to your regular gal.

Over the next few days and weeks you'd find yourself occasionally drifting away, thinking about her. Haskell. You'd be there, banging away at your regular girl, and find yourself thinking "you know, if I was with Haskell, I'd be doing this completely differently." You'd think "I could be doing so much bigger and better stuff with Haskell." Now, your regular girl, she's not as exotic as Haskell. Pretty, maybe, if you're lucky. (Perhaps your regular girlfriend's name is Python. ;-) But not nearly as --- weird. Wild. Cool. Exciting. Don't get me wrong --- your girl, she's wonderful. You've got a wonderful relationship. She's --- comfortable. You can bang away at her all day and night. She's accommodating. Easy going. You work well together. But --- confidentially --- she's, well, maybe just a little bit boring. You'd catch yourself thinking these things, and the guilty pangs would get to you... You'd quash the thoughts, buckle down, and get back to banging away. Comfortable... there's a lot to be said for that, ya know? Comfortable... just keep telling yourself that.

Months would go by. Late some night you'd find yourself out, disreputable places again. Maybe that hacker bar, LtU. Somebody'd slip you an URL for some renegade paper, you know, one of those papers. You'd run into Haskell again. And the whole thing starts over.

Eventually, you're going to get the ultimatum. Haskell's ultimately just like any other girl on some level; she needs commitment. Eventually, after one night of wild, feverish, kinky, abstract passion, she's going to say to you: "All these times, and you don't understand me at all! You know, you're going to have to get serious, mister! I've got needs, too. You're going to have to get serious about my monads, or that's the last time you're going to play with them! Got it?"

...and then, you've got to make The Choice.

Chances are, you're going to go back to your regular gal. Haskell's just too much for any one man, probably. She leaves a trail of broken, brainy, embittered PhDs and former programmers behind her. She ruins you for the RealWorld. You can ride a while, but you probably can't go the distance with her. Go back to your regular gal and try not to think too much about what you've seen. Done. Felt. Thought.

Maybe you can salvage a little happiness; but it'll be hard. After all... you've tasted Haskell.

She's not like anything else.

There's no amount of propaganda that can make land or housing an unattractive investment.

Okay. But it's clearly impossible for housing to be a good investment in real terms and for it to be affordable at the same time. So the options that I can see are:

  1. Gerontocracy. Buy now or be priced out forever. Housing to the moon. If you're too young or poor to get on the property ladder now, too bad - hopefully you're the eldest/an only child and your parents will leave you the house when they kick the bucket, unless the bills they rack up at the end of their lives consume the equity of course. And if you aren't too poor yet, don't worry: you will be.

  2. Housing supply is allowed to increase and the price is allowed to decrease.

  3. The Japanese method. Housing demand is forced to decrease so that the price decreases. Either cramming more people per household (intergenerational housing?) or expelling people from the country/area. I hear Canada has a lot of unpopular Indians, but note that this still involves prices going down and therefore housing being a bad investment.

Curious if I'm missing a fourth option here.

The Wager by David Grann. A pretty compelling narrative of the events surrounding the shipwreck of the HMS Wager in Patagonia and the return of its crew to England. It's got a good smattering of woke nonsense (referring to Magellan's crew as conquistadores? Really?), but it almost seems like it was bolted on in a subsequent revision so it's easy to ignore. Those poor bastards really had a hard time of it.

afternoon naptime will yield a fleet of autonomous vehicles cruising about town, each cradling a single precious cargo.

This is really the problem here. No reason that you can't put at least six children into a three row self driving SUV, and imagine how many kids you can stack into an articulated bus. Probably three or four from floor to ceiling, and maybe two deep.

Is this really a failed replication? It seems that:

  1. Borellia samples are present

  2. Most reads are in non-species specific regions

  3. There are B. burgdorferi specific reads, as well as reads for other Borellia species

So they conclude that the Borellia variant (and I think they implicitly assume there's only one?) is not identical to B. burgdorferi. Maybe, but it's not only B. burgdorferi that causes Lyme disease. B. garinii (also found on the ice man) also causes Lyme disease, and there are other species whose relationship to Lyme disease is just not clear. So I don't view this as contradicting the claim that the ice man had Lyme disease.

Also, I swear to god if the rumors that Lyme Disease and AGS escaped from a bioweapons lab are true you may very well see me on the news.

That would have to be some kind of bioweapons program run by the Ancient Astronauts, because a 5300 year old mummified ice man had Lyme disease.

It's not unusual for foreign games to be funded by that government (one example that comes to mind is The Long Dark).

Your Jesse Singal link seems to be broken.