16,464 karma · joined November 19, 2012
OK, now I'm questioning the whole thing... it also claims 17% of Boomers reliant on their parents. So, we have some substantial number of 62-80 years olds relying on their 90-100 year old parents? Seems unlikely.
The problem is that extreme wealth imbalance leads to a power imbalance that tends to throw society into turmoil. The French Revolution being a canonical example.
Like a Russell 1000 fund? Oh wait...
Full laissez-faire, free market capitalism generally leads to wealth (and power) imbalance. Regulation is necessary to prevent that (assuming you want to maintain a "fair" democracy of sorts and not regress to oligarchy).
The normal seasoning period is there for a reason. There is a massive downside to premature inclusion of a stock that is initially overvalued and then settles to a reasonable/sustainable value.
Really, the question is which system (standard, DST, or both) causes the least damage?
Also worth noting we tried permanent DST a few decades ago and it was repealed within a year because people didn't like it. Approval in advance was north of 70% and in the aftermath below 40%, IIRC.
This article seems to confirm what I stated above - he took the cameras, and was later confronted by law enforcement about it.
And even if your telling is correct, that's still theft. Similarly, I can't just take your car, drive it around, and call you later to tell you where it is.
Unfortunately, we can't even get states to commit to our RealID requirements[1] (which doesn't even add a chip/PIN, it only strengthens validation of documents submitted at the time of application for a driving license). And the notion of a national ID is anathema to large swaths of the population.
I would prefer to have colleges [elite or otherwise] be generally representative of the population by race, religion, socio-economic background, etc.
The problem, as I understand it, is "best qualified" is massively impacted by things like race, parental income, and other factors outside the control of college applicants. Society is far from a meritocracy.
I was about to post the same and that's 100% my take... sure, I didn't own slaves and I don't intentionally do anything racist... but I can absolutely acknowledge that by virtue of genetic lottery (white, with educated parents, etc) I had it orders of magnitude easier than the kids who grew up on the other side of town (black, less educated parents, etc).
I said it in another comment - affirmative action may not be the best solution, but it's tiresome to see people trot out the "2 wrongs" argument without proffering a better solution to the problem.
I'm open to arguments that there are better ways to achieve the goal of equitable access to higher eduction, but looking at enrollment numbers, the problem is far from solved.
[I'm in the US, we're very ID-averse here, weird, but is what it is]
HN is absolutely "social media", as it Facebook and WhatsApp.
With that said, I do believe social media platforms exist on a spectrum of "mostly benign, maybe even useful" to "mostly harmful" with closed groups/forums well to the benign end, targeted subjects with heavy moderation somewhere to the benign end of the spectrum (HN falls here), and "free for all" well to the "harmful" end (this is where most of Meta lives).
Operative, key, and critical are all more correct to me in this context.
Here's a good summary of one case of a small town dealing with absurd parking regulations... https://www.strongtowns.org/journal/2017-11-22-how-parking-m...
And just to add my own recent anecdote... we visited southern Italy (Puglia) last month. Most of the towns have zero traffic* zones (ZTL zones) in the historic centers. In all of them, there were either ample metered street spots just outside the ZTL or small pay lots a short walk away. As far as I could tell, as a tourist, it worked well - the downtowns were vibrant with lots of foot traffic.
* ZTLs allow local traffic and handicapped transport within certain guidelines.
You don't get to rob a bank and then say "oopsie! my mistake, here's the bag of cash" when the police come knocking.
I live outside DC, lots of friends who are contractors in IT/software. More than a few have been on the same contract, doing the same work, for years or decades. It's effectively a full-time permanent position, or could be. Not sure how there's any efficiency there when the contracting firm's owners need to make a cut.
Instead, it's actively make transit better be reallocating road funds... Add buses or light rail or dedicated/separated bike lanes instead of brainlessly adding traffic lanes. Every bike added to that bike lane is one less car (very roughly).
Additionally, tax car infrastructure appropriately. Free road-side parking is not an entitlement. Reduce parking minimums in redevelopment/new development and let the market determine the supply of spaces. A good example - it's increasingly common for apartments in DC to charge extra for a parking space.
Most of the above applies to urban areas as well as moderately dense suburban zones.
Large cities can take additional steps - no car zones (common in Italian towns), congestion pricing (London, NYC, and others already do this), and changes to road design to better accommodate pedestrians (plenty of YT videos about various plans to do this).
We need protections/limits in place. But we also need a government that's reliable and "friendly" (to the extent a large government can be). We currently don't, so all these new techs are quite concerning.