764 karma · joined September 19, 2012
It’s unclear at this point whether New Jersey will let New York claim all this taxable income or whether New Jersey will try to claim it for itself (it needs the money too). The tax rates are pretty similar in both states but my preference would be for the money to go to the state I actually live in.
Not really, taxi medallion owners are a powerful special interest group. Just like Bay Area homeowners.
My other favorite YIMBY argument is that the Bay Area would have super cheap housing if only it were more like New York. New York has (had?) some of the most expensive housing in the entire world. Sure, there are zoning laws and regulations that could be changed to build even more housing, but the primary issue is not that New York has less housing than other parts of the country. To the contrary, the cheapest places to live in the US tend to be have the least dense housing.
The issue is that there are not a fixed number of people who want to live in a given area; if there were, every new unit built would allow someone else in the area to either not be homeless or to live with fewer roommates. Really what happens in practice in a high-demand city (conceptually, at least) is the additional supply causes prices to drop by some amount, which attracts new residents attracted by the drop in prices until the housing costs almost as much as it did before. So it’s definitely getting more crowded, with the associated problems, but the effect on housing prices is fairly small in comparison.
The fact that housing prices in the Bay Area create such a concentration of people who work in tech by driving everyone else out contributes to the region’s culture in important ways, some positively and some negatively. My favorite theory (from Date-onomics) is that this causes the local gender ratio to skew predominantly male, which causes the single straight men in the area (while this certainly does not describe the entire labor force, it describes a substantial portion) to work harder (both because they’re trying to stand out to attract a partner and also because they’re less distracted by dating).
Low-end smartphones: Apple’s charging record prices for its new iPhones so I don’t think the availability of low-end smartphones caused any sort of crash in the price of smartphones. Rather, it’s a new market category.
Operating system software: I’m not sure what you’re getting at here. The price of Windows has been relatively stable for decades despite the availability of free alternatives like GNU/Linux. Apple stopped charging separately for its OS and now essentially bundles a subscription into the cost of its hardware. I don’t think it’s ever been popular to charge separately for the operating system on mobile phones.
https://www.macrotrends.net/1369/crude-oil-price-history-cha...
The first big crash was at the end of 1985/the beginning of 1986, which Wikipedia says was due to falling demand (e.g. people consuming energy):
https://en.wikipedia.org/wiki/1980s_oil_glut
There was a temporary spike in 1990 after Iraq invaded Kuwait. I guess you could argue that the price went back down because the supply changed.
There was a crash in 1997–1998 that was partially due to increased supply but also due at least in part to the Asian financial crisis. The next big crash was from June 2008 to February 2009, again due to a large financial crisis. There was another crash in June 2015-February 2016 due to a stock market crash in China, and finally we get to the massive crash this year driving futures prices negative, which was of course due to COVID-19 reducing demand for travel.
> This is part of our standard process to reduce the spread of misinformation. We temporarily reduce distribution pending fact-checker review.
So apparently this is a standard process, but the process is kind of ironic in that it claims to farm out this decision to a neutral-as-possible third-party, when really they first have to make a preliminary decision internally.
The thing that bothers me is this doesn’t seem more obviously garbage or likely to be garbage than a lot of other stories that I don’t think got the same treatment, and they’re choosing a very partisan story to start applying this precedent to.
Also, disturbingly, looking at Andy Stone’s employment history:
https://www.linkedin.com/in/andy-stone-7575b34a
we see employers such as:
- John Kerry for President
- Democratic Congressional Campaign Committee
- U.S. Senator Barbara Boxer
- House Majority PAC (at a time when the House was controlled by Democrats); this was his job immediately prior to Facebook
Stone’s listed title at Facebook is “Policy Communications Director” so presumably he’s just communicating the policy rather than actually setting it, but not only does he have political opinions of his own (which is essentially impossible to avoid), he has an extensive history of engaging in partisan political activism for a living.
> Up until 1993, the federal government merely guaranteed/backed student loans that private lenders gave. This meant that only in the case of someone defaulting on their loan would the government be on the hook, stepping in and paying the college what’s owed.
> This amendment completely overhauled that system, making it so that for the vast majority of student loans, the federal government directly made the loans to students. More specifically, the federal government pays the universities/colleges up front, and the student then owes the government that money.
What’s the difference between the federal government directly making a loan and a private lender making a loan and immediately pawning off all the risk on the federal government? Either way the lender does not care if the borrower will be able to pay it back. It sounds like the problem predates the Student Loan Reform Act of 1993.
This is the same problem, by the way, as the people tweeting #DefundPolice who get upset at people who think they want to abolish the police entirely. The word “defund” means to remove funding for, not to reduce funding for. It’s the height of arrogance to come up with a slogan either intentionally or accidentally using a word to mean something totally different from what it actually means, and then get upset that I am not willing to learn more about a movement that is effectively engaged in trolling.
https://www.reddit.com/r/n64/comments/ft63zn/dk64_memory_lea...
The lead artist claims they’d always been planning to make use of it. There’s compelling evidence of a memory leak or similar issue since the released version of the game apparently crashes if you leave it running for some amount of time over 10 hours (which wasn’t usually a problem in practice except for very long speedruns until it was released on Wii U Virtual Console and people started using save states which don’t reset the timer the same way as turning the game off and on does).