Earlier quoted context omitted.
Why do some people defend the system so vehemently? It's a funds-in, funds-out scheme. New 'investors' are required to pay out old 'investors'. I agree that 'fraudulent' is inflammatory but to pretend SS is some type of insurance or pension fund is just gilding the lily. I think everyone would be better off if everyone was just honest about what Social Security is, and what it will be if the contribution/payout ratio…
> Why defend the system so vehemently He wasn't. He was stating specifically how it worked. >I think everyone would be better off if everyone was just honest about what Social Security is Calling it a ponzi scheme doesn't accomplish this goal.
Poll: How much do you make as a programmer?
131–140 of 166 posts
Re: Poll: How much do you make as a programmer?
#132Re: Poll: How much do you make as a programmer?
#133What is the point is this? Sorry for asking, but you are either curious about how much everyone else is making or trying to value yourself in the market. If you are curious about how much everyone else is making, stop. Just stop. It won't make you feel good. You will feel shitty because I would imagine the HN crowd will show better numbers than america as a whole, or even just your city. To illustrate my point, if yo…
I highly doubt you'll find "plenty" of people, here or elsewhere, making more than $250k a year as a programmer.
Re: Poll: How much do you make as a programmer?
#134Location is huge. I live in Michigan and make considerably less than friends that live elsewhere. My rent is also almost 1000 dollars cheaper per month.
"Considerable" is unclear, it'd be easy to cover a 1k/mo spread under my definition of "considerable".
Re: Poll: How much do you make as a programmer?
#135This poll exemplifies the problem with all of these polls: it doesn't say what it's measuring. I would put in vastly different numbers for base salary vs base salary + bonuses + shares + other benefits. I see the same on Glassdoor on elsewhere. The bigger problem is the people volunteering such information have differing views on what to put making such information mostly useless. Also, if life has taught me nothing…
Re: Poll: How much do you make as a programmer?
#136Earlier quoted context omitted.
Fully 12.4% of nearly every American's income is going to Social Security, which is a national pension scheme. (er...national Ponzi scheme)
A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from any actual profit earned by the individual or organization running the operation. Social Security is a social insurance program that is primarily funded through dedicated payroll taxes called Federal Insurance Contributions Act tax (FICA). Tax deposits…
However, there are a couple of differences. Ponzi schemes are voluntary and you only lose the money you put in. Neither is true of SS.
Re: Poll: How much do you make as a programmer?
#137I live in New York City (Manhattan, even) and believe me, you can get a one bedroom for less than $2000 a month (in Manhattan, even!). And certainly you can't put the entire state of California into the "expensive" category.
Re: Poll: How much do you make as a programmer?
#138Earlier quoted context omitted.
In the east bay even i pay 1900/m for 550 sqft Studio+
What? That is insane. That is more than my mortgage and I have property and a big house in the East Bay. I also live in a nice neighborhood. Do you live within 2 blocks of UC Berkeley?
Re: Poll: How much do you make as a programmer?
#139What is the point is this? Sorry for asking, but you are either curious about how much everyone else is making or trying to value yourself in the market. If you are curious about how much everyone else is making, stop. Just stop. It won't make you feel good. You will feel shitty because I would imagine the HN crowd will show better numbers than america as a whole, or even just your city. To illustrate my point, if yo…
> I would add 250K, 500K, 1M tiers here (as there are plenty of people who are making salaries in those ranges) I highly doubt you'll find "plenty" of people, here or elsewhere, making more than $250k a year as a programmer.
Re: Poll: How much do you make as a programmer?
#140Earlier quoted context omitted.
Fully 12.4% of nearly every American's income is going to Social Security, which is a national pension scheme. (er...national Ponzi scheme)
A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from any actual profit earned by the individual or organization running the operation. Social Security is a social insurance program that is primarily funded through dedicated payroll taxes called Federal Insurance Contributions Act tax (FICA). Tax deposits…
Social Security isn't a magic pot of gold. Nobody believes it is. It's welfare that's designed to give more welfare to the people who contributed more when they are able, and less to the people who didn't contribute.