Earlier quoted context omitted.
It's good to have skeptics push back and ensure that the most valid ideas move forward. Otherwise every wacky idea would get funded
essentially that same thing that I'm saying.
Hypnotized by Hyperloop
71–80 of 255 posts
Re: Hypnotized by Hyperloop
#72Hyperloop is such a bad idea on so many levels. Mass transportation is the future: trains, suburban trains and metros. Not cars or "mini metros for cars". Super fast trains are already there. Europe lives in the future compared to the USA.
Existing lines and infrastructure? Perhaps. But we too have existing lines and infrastructure (train stations on those lines).
Or is it perhaps that building and maintaining miles and miles of rails, vs. tubes, is just way, way more cost effective?
Re: Hypnotized by Hyperloop
#73The problem with the Hyper-loop and Elon Musk in general, isn't that Elon Musk is wrong or that the Hyper-loop won't work. The problem is that he engages in a nepotistic political-industrial complex. That is, he subsidizes his risk for the benefit of the shareholders and himself at the expense of the taxpayer. The same tax payers who are often in a state of financial uncertainty and destitution of education. The same…
You've made a grave mistake in your appeal.
The top 40% of income tax payers are paying more than 100% of the total income tax base. The people that specifically do pay a massive share of the tax base, can overwhelmingly afford great health coverage. They're why we still have the health system we have, precisely because the system works well for them (short wait times, great coverage, and they can afford the cost of the insurance, most of which is paid for by their employers as part of their total compensation).
The bottom 25% have their health needs paid for by that top 40% income block, via Medicaid and other assistance programs. It's in fact the slightly sub middle block of 35% that are struggling greatly with health costs, and they barely pay any income taxes (they do pay FICA related taxes, which they get back in theory via late life entitlement programs).
Here's the actual fact of the matter: if your premise is the tax payers are getting ripped off, what you're talking about is the top 1/3 of US income earners getting ripped off. That top 1/3 is extraordinarily well off, in fact they're among the best off people on the planet in nearly every possible regard (average income, median income, net wealth, unemployment, health coverage, education, etc), and they pay modest tax rates compared to most developed nations.
Re: Hypnotized by Hyperloop
#74Earlier quoted context omitted.
Yes, but it creates huge economic positive impacts 1. You can live in a less expensive area, (i.e. miles away), and work in a major center. This makes both possible of talent being able to live cheaper, and be able to work where they want (less geographical restrictions), which unlocks greater efficiency of the work place. 2. The alternative? Most people living with few tens of miles of workplaces, prices of living r…
Why commute ? Remote working is a thing and everything the topic comes up, something that a significant part of HN is already enjoying. No need to pour billions in public transport. Also companies have proven that they are more than willing to outsource everywhere, hiring people anywhere. There are reason they still hire in very expensive place like SF. You bet that it is a problem that will go away at some point, an…
Getting people to workplaces is a thing we need in 2017, and I expect in 2027. Beyond that, who knows.
Re: Hypnotized by Hyperloop
#75Earlier quoted context omitted.
Huh? Transportation technology massively benefits the poor more than it does the rich. The biggest expense that the working class pay is rent. If you can cut long distance commute times in half, then that means that someone who works in the city is able to save 50% or more on rent by living outside the extremely expensive city. Transportation and housing (2 sides of the same coin) is arguably the single most importan…
Isn't the hyperloop focused on fast city-center-to-city-center transportation between major commercial districts? I don't see how making it fast to go nonstop between Manhattan and D.C. (the current proposal) helps the working class with affordable housing.
Re: Hypnotized by Hyperloop
#76Couldn't finish this. It started off badly by calling the hyperloop "vacuum-powered". First, it's not even vacuum sealed (just low air pressure), and second, how can something even be powered by the vacuum? Are we just throwing terms around for effect here? Then, the author continues with more material errors. The hyperloop/tunnel combo apparently "requires a hard reboot" of the modern city. No it does not. The whole…
Re: Hypnotized by Hyperloop
#77The problem with the Hyper-loop and Elon Musk in general, isn't that Elon Musk is wrong or that the Hyper-loop won't work. The problem is that he engages in a nepotistic political-industrial complex. That is, he subsidizes his risk for the benefit of the shareholders and himself at the expense of the taxpayer. The same tax payers who are often in a state of financial uncertainty and destitution of education. The same…
I suppose you can make some variant of this argument about the modern economy, but I don't see why you're singling out Musk for this. Is it because transport infrastructure tends to be subsidized? If so, could we not make the same argument for roads, trains & such?
Re: Hypnotized by Hyperloop
#78The problem with the Hyper-loop and Elon Musk in general, isn't that Elon Musk is wrong or that the Hyper-loop won't work. The problem is that he engages in a nepotistic political-industrial complex. That is, he subsidizes his risk for the benefit of the shareholders and himself at the expense of the taxpayer. The same tax payers who are often in a state of financial uncertainty and destitution of education. The same…
Re: Hypnotized by Hyperloop
#79The problem with the Hyper-loop and Elon Musk in general, isn't that Elon Musk is wrong or that the Hyper-loop won't work. The problem is that he engages in a nepotistic political-industrial complex. That is, he subsidizes his risk for the benefit of the shareholders and himself at the expense of the taxpayer. The same tax payers who are often in a state of financial uncertainty and destitution of education. The same…
> The same tax payers who know if they get sick, they won't be able to pay for it. You've made a grave mistake in your appeal. The top 40% of income tax payers are paying more than 100% of the total income tax base. The people that specifically do pay a massive share of the tax base, can overwhelmingly afford great health coverage. They're why we still have the health system we have, precisely because the system work…
Re: Hypnotized by Hyperloop
#80This is written by someone who's never lived in LA. "Trains that run on the tracks" is a joke in a region with virtually zero effective public transport.