Earlier quoted context omitted.
Also can’t sell or trade your car to downgrade if you need a car, as if you need financing to get the next car, you’re not going to qualify for the loan if you’re without employment. Your car is a trailing indicator of your financial situation, not necessarily present state.
Financing cars is a poverty trap. There are cars in the 1-2k range that work perfectly fine and will reliably work with minimal maintenance, and there are sub 1k cars that run ok enough that you can use as a bridge to save enough for a slightly better car. Financing a car is a double whammy because you pay interest and have a deprecating asset. At the low end cars really don't deprecate much. The act of not having a…
Nearly 8M Americans have fallen into poverty since summer
231–240 of 273 posts
Re: Nearly 8M Americans have fallen into poverty since summer
#232Earlier quoted context omitted.
Not directly in line with OP’s comment but interest rates are stupidly low right now. Wouldn’t surprise me if this enables a lot of people to buy homes. I know several people (late 20s, early 30s Boston area) who have bought homes recently and I myself am refinancing.
Interest rates don't mean anything if the down payment (or requirements for a loan) are still high for new buyers. Interest rates only matter if you already have money. Most people don't.
Lower interest rates equate to a noticeably lower monthly payment so I wouldn’t toss it out completely as a factor.
Re: Nearly 8M Americans have fallen into poverty since summer
#233Earlier quoted context omitted.
> State governments have the power to pay people to stay home. They might have to shift funding from other areas or raise taxes in order to do so. But they don't have the money to do so. Plans like that require deficit spending, which the federal government can do but the states can't. Your alternative suggestions are not serious ideas. Do you really think the states could find the money to pay people to stay home by…
I am seriously suggesting that if states want to pay people to stay home they should find the money by cutting other spending, selling assets, raising taxes on the wealthy (households with an income over about $200K who didn't receive a stimulus payment in the first place), and issuing general obligation bonds. Some states have legal restrictions on those things but those are entirely self imposed and can be removed…
Re: Nearly 8M Americans have fallen into poverty since summer
#234Earlier quoted context omitted.
It's a real problem with her, the language stuff; I cringed every time I saw her say "Latinx" during the campaign, which is a term Latinos overwhelmingly reject, and was originally intended to refer to LGBT Latinos. Obama landed some glancing hits on her presentation style in his most recent book, too.
I've been really curious about where the "Latinx" actually originates from -- I'd suspected in academia, and indeed the first usage seems to have been in a paper: https://en.wikipedia.org/wiki/Latinx#Origins Why does it seem cringey? Is it cringey when Fauci uses it? He uses it every time he's referring to Latinos. This Vice video, where Dee asks people on the street about the term, gives the impression that Latino (…
Matt Yglesias has a good article on it: https://www.vox.com/2020/11/5/21548677/trump-hispanic-vote-l...
More generally, Elizabeth Warren leans too much on intersectional rhetoric and it’s alienating at least to me and I suspect others. I’m a “brown person” but I don’t see America as a country where “white” people are in perpetual conflict with “black and brown” people. See: https://www.nytimes.com/2020/09/18/opinion/biden-latino-vote...
> Progressives commonly categorize Latinos as people of color, no doubt partly because progressive Latinos see the group that way and encourage others to do so as well. Certainly, we both once took that perspective for granted. Yet in our survey, only one in four Hispanics saw the group as people of color.
> In contrast, the majority rejected this designation. They preferred to see Hispanics as a group integrating into the American mainstream, one not overly bound by racial constraints but instead able to get ahead through hard work.
Going full critical race theory like Warren has, and talking about how we must fix the water infrastructure maintenance deficit because of how it affects “black and brown” people is otherizing. You’re putting me in a bucket and now I’m thinking about that instead of water infrastructure.
It would be easy for Democrats if all non-whites had a strong pattern of voting out of racial solidarity. And this premise filters into their rhetoric. But I’m not going to vote Democrat out of racial solidarity and frankly I deeply resent the implication.
It’s also alienating in a similar sense to “latinx.” A lot of the progressive rhetoric over the last four years centered this idea of a rainbow coalition of “black and brown” and LGBT people. What does that coalition have in common? If you look at countries run by “black and brown people” homosexuality is often illegal. Even among American Muslims, which tend to support same-sec marriage as a legal matter, it is strongly taboo. Almost no US mosques will perform a same-sex marriage and few American Muslims openly self-identify as LGBT: https://www.cnn.com/2019/05/28/us/lgbt-muslims-pride-progres.... Most Bangladeshis I know are Democrats and have reconciled themselves to the platform, but would be very upset if their son came out as gay.
The only thing that coalition actually has in common, other than universal American principles, is a common enemy. That doesn’t make for great politics, so part of the whole progressive project is putting for example an LGBT-friendly face on Islam. Folks like Ilhan Omar are not representative of Muslims in America. American Muslims are socially conservative—traditional notions of family part of their identity. They voted for George W. Bush. But progressives have made Ilhan Omar the face of Muslims in America. (Even my dad, who is a moderately liberal Democrat, mentioned this as something that annoyed him without prompting.) And all that just feels like white progressives hijacking people’s identity for political purposes.
Now, it’s fair game to solicit the vote of identity groups based on issues. George W. Bush’s pitch to Muslims was “you’re socially conservative and religious and so am I.” That’s appealing on a specific issue and leaves open the independence of the groups.
Re: Nearly 8M Americans have fallen into poverty since summer
#235Earlier quoted context omitted.
Listening to Elizabeth Warren in 2019 (who I respected tremendously as someone who previously announced she was a "capitalist to her bones") put an intersectionality spin on every policy item did it for me. At first, the whole "person of color" thing was just weird, and now I find it incredibly grating and alienating. Like I can't listen to one of her speeches without feeling "othered."
It's a real problem with her, the language stuff; I cringed every time I saw her say "Latinx" during the campaign, which is a term Latinos overwhelmingly reject, and was originally intended to refer to LGBT Latinos. Obama landed some glancing hits on her presentation style in his most recent book, too.
Re: Nearly 8M Americans have fallen into poverty since summer
#236Earlier quoted context omitted.
> I agree we need more cash payments to humans. But we have to be careful not to confuse money with stuff (the goods and services produced by the economy). Giving money does not produce any more stuff, it only increases the competition for and price of the stuff that is being produced. > We are producing less stuff because of the pandemic, which means there is less to go around (however it gets allocated), and no amo…
Too many HN users have no idea how businesses operate outside the software sector. Many of those "non-essential" businesses and the associated supply chains are simply not set up in a way that can be stopped and then successfully restarted months later. If they're shut down for any significant period then they're gone for good. Crashing the economy into another Great Depression would kill more people than the virus.…
Honestly, that sounds like hyperbole. You'll have to give examples, and not something like retail or restaurants. Honestly, with a little imagination and expertise (and most importantly the political will to deal with the problem), I think it doable to make the legal changes necessary to pause most business like that with little damage, just as long as the aid is there. For instance, make 2020 something like an intercalary year. IMHO, this stuff only seems impossible if you tie your hands and restrict yourself to a limited number of first-order interventions.
The situation we have now is something like an ER doctor who's too busy playing on his phone to save the life of someone who's been shot, and who then turns around and loudly blames "guns" for that unnecessary death.
Re: Nearly 8M Americans have fallen into poverty since summer
#237Earlier quoted context omitted.
It's a real problem with her, the language stuff; I cringed every time I saw her say "Latinx" during the campaign, which is a term Latinos overwhelmingly reject, and was originally intended to refer to LGBT Latinos. Obama landed some glancing hits on her presentation style in his most recent book, too.
All this huff and puff just for someone using a gender neutral term? I can't understand why people get upset by something so unimportant. Or to get upset for not using it for that matter.
Re: Nearly 8M Americans have fallen into poverty since summer
#238Earlier quoted context omitted.
I've been really curious about where the "Latinx" actually originates from -- I'd suspected in academia, and indeed the first usage seems to have been in a paper: https://en.wikipedia.org/wiki/Latinx#Origins Why does it seem cringey? Is it cringey when Fauci uses it? He uses it every time he's referring to Latinos. This Vice video, where Dee asks people on the street about the term, gives the impression that Latino (…
Latino/Latina are from Spanish. The words are gendered because it’s a gendered language. When non-Spanish speakers change it to Latinx it comes across as them declaring Spanish as problematic and “fixing” someone else’s language for them. There is also a class/education issue. It’s a term originating in academia that non-college educated people have mostly never heard of. Being called by a label that you don’t recogn…
> It’s a term originating in academia that non-college educated people have mostly never heard of. Being called by a label that you don’t recognize is alienating.
Okay, so the word is an academic construct. But it comes from a good place: an effort to be more inclusive. I will understand if everyday folks don't subscribe to the latest code and vocabulary of a younger progressive society, and I understand any resistance to new vocabulary, but that is no reason to stop progress. You can't deny that embedded in our language are the biases of our history, and it's possible that a natural evolution of language may not get us out of this, so why not let a prescriptivist push get us out, even if it comes from academia?
Separately, curious to hear your thoughts on changes imposed by Académie Française in recent years toward a similar direction of being more inclusive.
Re: Nearly 8M Americans have fallen into poverty since summer
#239Earlier quoted context omitted.
All this huff and puff just for someone using a gender neutral term? I can't understand why people get upset by something so unimportant. Or to get upset for not using it for that matter.
Imagine if a US presidential candidate were insisting on using the term “Americanxs” every time they referred to their voters.
Re: Nearly 8M Americans have fallen into poverty since summer
#240Earlier quoted context omitted.
> That's not the only choice. Focusing protection on the vulnerable while allowing the rest of society to function could've spared us both from the worst of the pandemic's destruction and the economic destruction -- That's an unrealistic idea. You can't have unchecked community spread and "focus protection on the vulnerable," without literally imprisoning them in an isolation bubble for a year or more , which is far…
I'm not sure why you're being downvoted. The idea that you just throw away all precautions "except for the vulnerable" is complete nonsense as you pointed out. Every healthy person who has the virus is a danger for the vulnerable.
I'm sure why. There's a lot of people who've committed themselves to false/wrong/wishful thinking ideas about COVID (the US, to its embarrassment, has a major political faction that's done this). Since those ideas are indefensible, people who point out the flaws are often downvoted.