711–715 of 715 posts
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I think he just didn't get the right words dang. No one is snickering at him for $65k. Probably the opposite. I, a relatively selfish person, get upset when I see a person being taken advantage of.
Sorry to nitpick, but I remembered from this previous comment that Kluny is a woman: https://news.ycombinator.com/item?id=16425273 , and it feels bad to leave that without mention.
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That may well be true, but it's just not detailed in those charts. A very brief search resulted in this: https://www.statista.com/statistics/607742/gdp-of-manitoba-c... If that's accurate, it suggests that Manitoba, which, though known as more agricultural and manufacturing rather than mining, has the same pattern of "real estate" accounting for individual income. Of course, the significant majority of the population…
AMA about Manitoba: I was born there. If resisdential RE tanks in Canada, a real possibility with rising interests rate and extreme debt levels, the economy goes down with it. Mining / Oil & Gas isn’t going to save it.
(Those charts also fail to show how much of that income is from residential transactions/management versus commercial ones.)
It just doesn't stand to reason that if people entirely stop paying other people to buy and sell each other houses (even if it does account for the vast majority of that 13% of the GDP) that the economy would collapse completely.
However, if housing values collapse due to questionable (or worse) lending practices, as happened in the US around 2008, could collapse the financial system and thereby the economy. It might even increase the GDP of the real estate category, especially as a percentage, at the expense of the finance category.
More importantly, though, I don't think there are any voters that buy the notion that they could, for example, do away with their real industry, such as mining or manufacturing, and replace it entirely with selling each other their houses. Because of that, whatever conservatism they may hold would remain from that real industry, regardless of what category the statisticians put their income in.
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>> like if they fail or lost their job they would just die, poor and homeless and healthcare-less Because they could be very easily if they don't have a family safety net. I think that ultimately puts a damper on peoples' productive and creative ability as they tend to then focus more on keeping their job rather than being the most productive they can be for their employer.
> I think that ultimately puts a damper on peoples' productive and creative ability as they tend to then focus more on keeping their job rather than being the most productive they can be for their employer. You could also look at it the other way. The lack of a safety net is like burning the bridges: it encourages you to be more productive and creative precisely because if you're not, then you've got nothing to fall…
Canada is in a really tough spot here. I've always admired Canadian culture/values, and in the abstract, would love to live in Canada one day. However, as a Software developer, the compensation and opportunities that one can find in SF/Seattle/NYC dwarf anything in Canada. Until this changes, Canada is always going to lose its brightest engineers, which will in turn worsen the problem even further. Some solutions I c…
I think they are. Canada is importing talent from Hong Kong and Shanghai to work for American and Canadian companies, at salaries that are below market in US tech hubs, but appealing enough for those who wish to move to North America. At the same time, Canada is exporting talent to the US because of those same good-but-not-good-enough salaries.
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I did exactly this, and have been working remotely for a Californian company as of two months ago. All I had to do was open a sole proprietorship (a trivial errand) and a USD bank account (technically optional), and report in via email on my first day. As a self-employed contractor, my costs are lower (working from home), I get myriad tax breaks, and my salary is not even comparable to what I could expect locally, ev…
Are you US based? Are you sure you are paying your taxes correctly? Creating an LLC is simple but handling the accounting is the complicated bit.