181 karma · joined April 26, 2023
Consider that Trump won almost 50% of Latino male voters. As a percentage of the vote, Trump did better with racial minorities and women in 2024 than 2020, and much better compared to 2016.
White supremacy is real and it has some effect in US politics, but it's not a driving force anymore. I say this as someone who has lived both in and outside the US. The outside perspective is not always better. Germans may be seeing the US through the lens of their own history.
I hear this so the time from people who have never owned a home. It's partly true, but not as good if a deal as you think. True that you don't have to pay capital gains taxes when you sell, but that's true of 401ks when taking distributions.
As for HELOC loans, well that's more debit in to of your mortgage. You could get that from an SBLOC from your brokerage account, and under some circumstances, from a 401k. Again this is all more debit, and you don't want that unless you are desperate.
Finally, owning a home does not protect you from increasing housing costs. Increasing property values will increase your taxes and insurance every year, just like a rent increase. Maintenance costs will hit you like a hammer. In the end you pa thousands to maintain your home every year. The only reason to buy a house is to capture a small percentage of the over all cost in equity. But it takes about a decade before that saves money over renting.
All these people complaining about not being able to afford a home don't even have savings. First, get a few months of savings, then max out your 401k or open a brokerage account, then consider buying a house if you think you'll live there for a year.
>What is they want to give themselves a better life
That's not always possible. If you immigrate at the age of 50 and you're very poor, it might be too late. Still, many people will simply benefit from living in a more stable nation.
>All tvs are flat screen now
It was true in 2000 and it's true now. maybe I should have said 4k tvs? it makes no difference.
I'm also tired of people saying the American dream is about becoming a billionaire. It's not. It never has been. It's always been about having the opportunity to improve your wealth and living standards. Sometimes that means just leaving something better for your children, much like the Italian and Irish immigrants did That American dream is very much still alive.
On a related note, I'm tired of hearing people say they can't afford to buy a home. Buying a house is a very expensive and slow way to build wealth. These people would do better to put some money into a low cost index fund, or max out their 401k if they have one.
Obviously, the very poor do not have money to invest with, but they can give their children a better life. it's certainly not easy, but it's possible. The working class, however (not the most poor), routinely chooses to put their money into flat screen tvs, Iphones, expensive vehicles and clothing, and other depreciable assets. We've failed to teach people how to take advantage of the abundant opportunities in America, and we have a culture of frivolous spending.
I was underwhelmed by some points that seemed like they should have been more shocking. Look at the huge number of people in the many adverse experiences category who made it to college, and make a high salary. that was shocking! and look at the people who had no adverse experiences and still managed to end up poor. how does that happen?
I was left with the impression that if the government threw a lot of resources at it we might be able to move a noticeable percentage of those people in a better direction, but not most of them.
The questions that remain are, how many people's lives could we improve and by how much? And, critically, how much are we willing to collectively sacrifice to move that percentage of people in a positive direction?
"...constraints of corrupt capitalism" caused websites to be boated?
Now if that's a good policy to cut taxes and spend as much as they do (Trump especially), that is another question.
I suppose that would be like spamming the carriers. Not sure that's better, but it might make them act.
This all might sound very cynical, but it really does seem like incentive misalignment.
I'm an ideal world, every home would have a permanent, up to date, digital record of all the relevant home info. Building planes, modifications, maintenance records, paint and shingle colors, wire and plumbing placement, maybe even a 3d model of the home with structure, plumbing and wiring info. Unfortunately, I don't see how a homeowner would be better off giving that info to the next owner.
6$ droplets give you 1GB and that's plenty for one app,
That hasn't happened yet for OpenAI, but I'm sure it will happen eventually, and then we'll know.