Earlier quoted context omitted.
Dangerous to whom exactly?
People who want to use the current system to innovate and create jobs. The current system of venture capital often produces these situations when people have a huge amount paper "wealth". But this wealth is all pretty hypothetical. It's not like some of the "billionaires" can buy 1 billion things from the McDonald's Dollar Menu. It's all tied up in stock that can't be sold for a variety of reasons. Moreover, it's qui…
Ask HN: What is everyone in SF talking about?
31–40 of 57 posts
Re: Ask HN: What is everyone in SF talking about?
#32Re: Ask HN: What is everyone in SF talking about?
#33Muni is not doing well. They've adjusted service to address a huge budget deficit, and the buses are noticeably more crowded and less frequent. Given how SF has a big global immigrant population, there's a lot of World Cup spirit in the air. Also because Santa Clara is a host stadium. Housing demand is back up. Not just single family homes but also condos. Bars are supposedly closing because the 20-somethings are dri…
Hmmm, the median house price is $2.1M.
> It's a good time to live in SF.
It seems pretty K shaped.
Great time to live in SF and Bay Area iff you are an AI researcher, founder, VC, executive at one of the hyper-scalers, or a senior engineer with massive equity package in the few winning companies.
Not entirely sure if it's a great time to live in SF if you work at a bakery, are a Barista at Starbucks or even a mid tier SWE.
Thoughts?
Re: Ask HN: What is everyone in SF talking about?
#34Earlier quoted context omitted.
So ridiculous that folks will spend millions personally to avoid paying their fair share in taxes. Is the alternative really that bad Sergey? You would be paying a similar amount, and the money would actually go to some use, as opposed to being blown on a political fight.
Whenever someone uses the word “fair” about taxes it always seems to mean that they shouldn’t pay more but others should. There also some good economic reasons that a “wealth tax” is a bad option compared to other types of taxes.
Fair taxation isn't a punishment. Paying taxes is what responsible citizens do. It's an act of patriotism and pride.
Re: Ask HN: What is everyone in SF talking about?
#35Earlier quoted context omitted.
Anyone who's not able to populism their way into a cash blast for their org. I am not a billionaire. But I don't want to risk losing my job or moving out of state so that the dialysis people can cash a paycheck.
Dialysis people is really interesting phrasing. Care to elaborate what you mean?
SEIU UHW has a history of bringing economically explosive populist slop to the ballot as a negotiating tactic. Usually it's in the form of something about dialysis clinics but this time they're trying a different angle.
What about that were you specifically "interested" in?
Re: Ask HN: What is everyone in SF talking about?
#36Earlier quoted context omitted.
Dialysis people is really interesting phrasing. Care to elaborate what you mean?
https://calmatters.org/health/2020/10/california-healthcare-... SEIU UHW has a history of bringing economically explosive populist slop to the ballot as a negotiating tactic. Usually it's in the form of something about dialysis clinics but this time they're trying a different angle. What about that were you specifically "interested" in?
Seems like the $105 millions could have been used for something more useful, like a few doctors salaries or specialized PAs at the clinics. It sounds like you consider "economically explosive populist slop" is anything that helps poor people. Which you know, I expected, but I'm glad you were able to explain yourself. In the future you can just say "let them eat cake".
Re: Ask HN: What is everyone in SF talking about?
#37[dead]
Re: Ask HN: What is everyone in SF talking about?
#38Re: Ask HN: What is everyone in SF talking about?
#39Muni is not doing well. They've adjusted service to address a huge budget deficit, and the buses are noticeably more crowded and less frequent. Given how SF has a big global immigrant population, there's a lot of World Cup spirit in the air. Also because Santa Clara is a host stadium. Housing demand is back up. Not just single family homes but also condos. Bars are supposedly closing because the 20-somethings are dri…
> Housing demand is back up. Not just single family homes but also condos. Hmmm, the median house price is $2.1M. > It's a good time to live in SF. It seems pretty K shaped. Great time to live in SF and Bay Area iff you are an AI researcher, founder, VC, executive at one of the hyper-scalers, or a senior engineer with massive equity package in the few winning companies. Not entirely sure if it's a great time to live…
Fifteen years ago, I worked with someone who bought a $300,000 house, in his hometown ~150 miles away, and a $150,000 airplane, to commute to his job near the San Carlos airport, because it was much, much cheaper than living in the SF Bay area.
Re: Ask HN: What is everyone in SF talking about?
#40Earlier quoted context omitted.
Whenever someone uses the word “fair” about taxes it always seems to mean that they shouldn’t pay more but others should. There also some good economic reasons that a “wealth tax” is a bad option compared to other types of taxes.
Whenever someone uses the word "fair" about taxes, I assume they mean we should reverse course on the decades-long pattern of reducing the tax burden on companies and the wealthiest individuals here in America. Fair taxation isn't a punishment. Paying taxes is what responsible citizens do. It's an act of patriotism and pride.
You realize nationalism is the source of all evil in the world, right? Is Brin even a citizen?