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

derekthompson.org

631–640 of 1001 posts

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

#631

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.

> largely because they get to spend a lot more time with their families than they otherwise would.

This is a big YMMV, but you accidentally hit on something I've observed over my years of working remote: A lot of the successful remote coworkers I've had have been people with families at home.

There is a lot of demand for remote jobs from young, single people who think it's going to be the best thing ever, but then many decline into a funk that they don't really understand. The social isolation starts to wear on most people like that.

There are very obviously ways to theoretically avoid this, like having an active social life during the work week. I know many people who fit this description and love it. However a lot of people think they're going to do that and then just don't really keep up with it. They go from bed to remote job to Netflix on the couch to sleep and repeat, then wonder why they're feeling so blah.

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

#632
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…

> 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? Gen Z home ownership is outpacing millenial home ownership at the same age. There's a lot of denial around this topic because everywhere you turn there's a Reddit post or news headline about how housing is impossible to afford. > Pay's less. Less than the narrow window of…

> Gen Z home ownership is outpacing millenial home ownership at the same age. There's a lot of denial around this topic.

Yeah but aren't they putting down less/leveraging themselves deeper?

edit: also it seems like the millenial/genZ divide here is on the order of like 1-5%, whereas the gap between either of those generations and boomers/genX is more like 10%+. It's good that the trend hasn't gotten worse in recent history, but I think it's pretty inarguable that the housing market is much worse than it was 30 years ago.

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

#633
post #604

The article is smarter than the title makes it sound. He's not seriously proposing that being rich makes you happy. And he notes that there's a big drop around 2020 specifically , which long-term trends don't explain. Just to state the obvious: 2020 was the year of COVID, which played hell with peoples' social lives. And I think it's been pretty well-proven that happiness is largely driven by the strength and quality…

Actually it's extremely well documented in science studies that money absolutely makes you happy up to a certain point. Basically if you don't have a home and food due to not enough funds, then yes money absolutely equals happiness. Inequality has grown to the point where the majority of younger people now have no hope of ever owning a home, and even large parts of the country are struggling with something as basic a…

It goes a little further than “money for basic necessities”.

It’s about being able to provide the necessities AND having income security. I remember reading about a study that said poor people who have to scramble to deal with all of the extra steps that accompany being poor (no credit cards, maybe no bank account, dealing with getting utilities turned back on, etc) is the equivalent of losing about 15 IQ points from your optimal.

It’s the difference between being able to work “in the zone” / flow state frequently and being always stuck in “fight or flight” mode. One makes you successful while the other actively sabotages you.

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

#634
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…

> 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? Gen Z home ownership is outpacing millenial home ownership at the same age. There's a lot of denial around this topic because everywhere you turn there's a Reddit post or news headline about how housing is impossible to afford. > Pay's less. Less than the narrow window of…

Can you link a source for gen z with higher homeowner rates than millennial, st the same age?

Because redfin shows that just is very clearly not true

https://www.redfin.com/news/homeownership-rate-by-generation...

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

#635
post #604

Earlier quoted context omitted.

Actually it's extremely well documented in science studies that money absolutely makes you happy up to a certain point. Basically if you don't have a home and food due to not enough funds, then yes money absolutely equals happiness. Inequality has grown to the point where the majority of younger people now have no hope of ever owning a home, and even large parts of the country are struggling with something as basic a…

> in science studies that money absolutely makes you happy up to a certain point Perceived happines. It's hard to talk about happines with a person with an empty stomach. But I was much more happy when I was young and poor than I became a not poor but no longer a young one.

That's not because you were poor then and not now but because you had few responsibilities then and many now. When you were young your needs were small and solely affected you, now your needs encompass those of family (I'm guessing that you have children). Even without family you have responsibilities to society and employer that you either did not have when young or that were simply less urgent.

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

#636
A lot of these articles and social media discussions miss by not contemplating the fact that by increasing productivity and incomes we have also increased the cost of leisure.

In the vein of The Harried Leisure Class, the more opportunities that are available to you, the more likely you are to feel like you are wasting time, need to optimize everything, etc. People are also pushed to be even more individualistic because the cost of slowing down and interacting with the community has increased.

There are many other factors at work but this one seems pretty clear but doesn't seem to see enough discussion.

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

#637

I do feel this trend in my life. I have a job which I'm grateful for but nothing feels satisfying anymore, and I feel like it is much harder to connect to people or form deep relationships, especially in this field, unless you already have a clique in your workplace. On top of that, AI is generally a demotivating entity to the majority of people. Despite all the hype of Altman and whonots, I feel like people just don…

> I do feel this trend in my life. I have a job which I'm grateful for but nothing feels satisfying anymore, and I feel like it is much harder to connect to people or form deep relationships, especially in this field, unless you already have a clique in your workplace. do you have kids? Family? That is the ancient receipt for a great and happy life.

https://www.musixmatch.com/lyrics/The-Smiths/Heaven-Knows-I-...

  Two lovers entwined pass me by
  And Heaven knows I'm miserable now
  I was looking for a job, and then I found a job
  And Heaven knows I'm miserable now

  In my life, oh, why do I give valuable time
  To people who don't care if I live or die?

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

#638

Earlier quoted context omitted.

> Or one can seek some supernatural mental delusions, an opiate for the people I'm very much an atheist and a positivist too. I rejected religion growing up. But we don't have to cede the concept of spirituality to organized religion. Spirituality is so much more than that. It's about purpose, connection, and what it means to be a human. You can practice spirituality by meditating at home, just sitting with your thou…

It’s just that historically there haven’t been many successful examples of atheist communities with the kind of shared deep purpose, meaning and connection you describe.

That would be weird

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

#639

Earlier quoted context omitted.

> 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? Gen Z home ownership is outpacing millenial home ownership at the same age. There's a lot of denial around this topic because everywhere you turn there's a Reddit post or news headline about how housing is impossible to afford. > Pay's less. Less than the narrow window of…

Can you link a source for gen z with higher homeowner rates than millennial, st the same age? Because redfin shows that just is very clearly not true https://www.redfin.com/news/homeownership-rate-by-generation...

That chart is comparing point in present time, not point in generation-relative time. IE zoomers at ~25 mills at ~40. If you were to approximately age sync the red and yellow lines on that chart, by moving their start dates to the same point, the red line is higher.

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

#640

I feel like this is an easily answerable question, but I can see this because I grew up an atheist (and travel in those typically atheist/educated/professional circles) and have become much more aware/educated in/embracing of religion later in life myself. If you compare apples to apples - say my average atheist friend who is a director in a FAANG and also my religious friend who is also a director in the same FAANG.…

yes but to truly enjoy the religious lifestyle you have to believe in very hard to believe things - without that true belief I feel like an imposter. I feel it is very well known that religious people have the ability to be extremely extremely happy, healthy, and well-adjusted in their community, but it comes at a cost I feel. I do not know God and I do not know where I came from or where I will go. I would choose this than to pretend I know and join a group in pursuit of the lifestyle benefits it brings. And yes I spend all my time alone playing with toys I bought and not being fulfilled as my religious friends. 100% of my religious friends feel extremely fulfilled but it does not make it right choice for everyone. I don't want to believe I want to know and if I cannot know then so be it I will remain in the dark forever.
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