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If America's so rich, how'd it get so sad?

derekthompson.org

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Re: If America's so rich, how'd it get so sad?

#591
post #409

My mom said, "whatever we built isn't working anymore," and I think that captures most of the sentiment. It's also funny to see the "the economy is roaring!" "incomes are up!". Great, have they increased by as much as inflation? Can I afford a home? Work has if anything gotten worse in general. Remote's gone. Pay's less. ADHD maximum AI use required. Nobody can take a break. Pressure's on. 1.5 trillion more to the mi…

> "incomes are up!". Great, have they increased by as much as inflation?

Yes.

> Can I afford a home?

No.

There's an important lesson somewhere here.

Re: If America's so rich, how'd it get so sad?

#592

Earlier quoted context omitted.

I'd also add that healthcare is serious shit-show as it currently stands and the best strategy is to just stay as healthy as you possibly can to avoid having to go to the doctor, if you can even find one who will see you. Remote work is an interesting one. Before you had 8-9 hours a day of serious social activity, and if you were lucky, people you enjoyed. Even if you didn't enjoy the people, you were at least social…

YMMV, but the fully remote workers I know (I manage a few and am married to one) seem very happy about it, largely because they get to spend a lot more time with their families than they otherwise would. They're anxious mostly because they're afraid they'll have to forcibly RTO.

I and my wife have been fully remote for over a decade, absolutely love it and I can't understand the whole going to office thing or people pushing for it.

Re: If America's so rich, how'd it get so sad?

#593
post #409

My mom said, "whatever we built isn't working anymore," and I think that captures most of the sentiment. It's also funny to see the "the economy is roaring!" "incomes are up!". Great, have they increased by as much as inflation? Can I afford a home? Work has if anything gotten worse in general. Remote's gone. Pay's less. ADHD maximum AI use required. Nobody can take a break. Pressure's on. 1.5 trillion more to the mi…

I'd also add that healthcare is serious shit-show as it currently stands and the best strategy is to just stay as healthy as you possibly can to avoid having to go to the doctor, if you can even find one who will see you. Remote work is an interesting one. Before you had 8-9 hours a day of serious social activity, and if you were lucky, people you enjoyed. Even if you didn't enjoy the people, you were at least social…

>social contact is a definite plus for well-being

If you have asd or adhd (not uncommon in programmers) it can be a definitive minus for well-being. But even if you don't, between office politics and idiotic corporate mandates, it can be draining.

Especially as for the average office worker, originally you had an office of your own or at worse with one or two other people, then starting from the 80s you had a cubicle, then we got the hellish open plans. You're asked to focus on a screen and a codebase in an environment full of distractions, and full of activity around you.

And that's before we added any commute, and preparing for the commute, which can easily eat an additional 1-2 hours of your day, every day.

Re: If America's so rich, how'd it get so sad?

#594
post #571

Earlier quoted context omitted.

I don't think you've seen starving people if this is your opinion. I have never seen someone in america starving.

Oh boy, you're not paying attention or you're in a bubble. Not usually distended belly-famine starving, sure, but malnutrition is rife in many rural and impoverished counties in the country.

Okay so they aren't in a bubble and paying attention because malnutrition isn't starving.

And Trump is probably malnourished but it has nothing to do with means.

Re: If America's so rich, how'd it get so sad?

#595

Earlier quoted context omitted.

I see Norway on that list (no surprise). What is so sad is how much better it could be in the U.S.… but for some odd notion that Billionaires and Corporations are thought to owe so little and the people of this country thought to deserve so little.

If only the US was a petrostate, that would solve all our problems.

I can't tell if you're sarcastic or not! You're aware that the US is the biggest oil producer in the world?

Re: If America's so rich, how'd it get so sad?

#596

At the US hotel I stayed at they had a waffle machine so that you could eat waffles for breakfast. To make waffles you took a plastic cup to the "faucet" of the waffle machine, filled it with paste and then poured it into the waffle frying pan. Then you threw the cup away. Apparently, there was no need for a more efficient way. Americans seem to be very, very good at working very, very hard but not so good at efficie…

>At the US hotel I stayed at they had a waffle machine so that you could eat waffles for breakfast. To make waffles you took a plastic cup to the "faucet" of the waffle machine, filled it with paste and then poured it into the waffle frying pan. Then you threw the cup away. Apparently, there was no need for a more efficient way. Americans seem to be very, very good at working very, very hard but not so good at efficiency.

I suppose that depends on how you define "efficiency." Using disposable cups and self-service dispensers/waffle irons eliminates the need for an employee to stand there making waffles and/or another employee washing reusable dishes.

If you compare the ongoing costs of disposable cups vs. the cost of at least one employee, one might conclude that it's more "efficient" to use disposable cups.

From a societal/global perspective, it may well be more "efficient" to use employees instead of disposable cups, but the corporation that uses the disposable cups can't increase their profits by using employees and reusable cups instead.

Re: If America's so rich, how'd it get so sad?

#597
post #345

Earlier quoted context omitted.

The US has an enormous land area and the cost of living varies dramatically across it. Intense pockets develop where the high paying jobs are, and everyone wants to cram in there to compete for those jobs, and then they're competing for the housing there, so the prices skyrocket, so the jobs have to pay higher still. Wealthy as the average person may be, the poverty slope is very steep in such places. The SF / Bay Ar…

Then why did houses used to be affordable even in those dense regions with high paying jobs? People act as though housing has always been prohibitively expensive in city centers but it hasn't. My dad bought a house in Boulder, CO of all places easily in the 90s. And of course he made a killing off of it because the housing market went completely insane over the next two decades. I now make more money than he ever did…

Supply and demand. Among many other changes, the demographics of the typical Boulder resident changed significantly - originally nature lovers and hippies for whom earning money was not a primary motivation - post-2000 shifted to educated, highly-compensated desk workers who can bid up prices. And lots more people in total seeking to live in a small area, which also lifts prices significantly.

Re: If America's so rich, how'd it get so sad?

#598

Earlier quoted context omitted.

Houses got expensive because of usury (loans made for unproductive purposes). It destroys civilizations over time. That is why it was encoded into ancient religious traditions. Housing, education, and cars, all typically financed via loans, all exorbitantly expensive.

If anything it's the opposite. Extremely low interest rates drove housing prices higher by making it easier to afford a higher price.

It’s not about the interest rate. It’s the availability of loans for unproductive purposes on a societal level. It raises the price even if you choose not to partake in said loans.

When the money being lended is digital and not backed by anything it’s even worse.

Re: If America's so rich, how'd it get so sad?

#599
post #305

As an occasional visitor to the US from England I was surprised by how expensive it's become. The US always used to seem cheaper than England I think largely because the government got out of the way so houses were cheap because you could build them, cars were cheap because you could import them, food was cheap because you could just grow stuff in huge fields whereas in England much of that was restricted. On my trip…

Texas has gone nuts. I visited Dallas, Houston, Galveston from Oregon last year, looking to try out the cheap food that I hear about online because they dOn’T hAvE cOmMuNiSt tAxEs aNd rEgUlAtIoNs, and oh boy did I my hopes get crushed. Everything seemed as expensive, or more, than in my area with regulations, more reasonable worker protections and minimum wage…

Re: If America's so rich, how'd it get so sad?

#600

Earlier quoted context omitted.

US interest rates have been historically some of the lowest anywhere. And there's nations with very high interest rates that don't have the same housing cost problems...

You're both saying the same thing...

When I hear "usury" I usually think of high interest rates, like payday loans and credit cards, not a 2.5% 30-year term.
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