an irony of the mad-white-guy H1B debate is that the fix most in their interest is to make the visas more generous — eliminate the tight attachment to continued employment which means visa-holders accept worse conditions than native-born would to ensure continued status.
so what's our favorite explanation for the rise in long-term rates since September with the Fed still cutting? market expects a slower pace of cuts, terminating and stabilizing higher? something shifting the term premium? what's the story here?
you know the Democratic Party is the party of fairness, because whenever they have to decide who their leaders should be the question they ask is “whose turn is it?”
finance masters of the universe boasted and swung their BSDs and brought us the Great Financial Crisis. then Obama gave them a mulligan. tech masters of the universe boast and are on the verge of giving us bigger, crazier crises. i think what follows is an age of wrath. no telling who will burn.
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every billionaire is a mad king in waiting.
you may say Donald Trump has achieved nothing, but he has performed a Christmas miracle. he has made Canadians impolite.
we keep arguing about immigration but i wonder if pretty soon we won’t be competing to emigrate.
can’t wait until mypillow diversifies into military logistics.
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centrism as triangulation in the age of Trump.
do the drones negotiate a Christmas truce? refuse to kamikaze, light up a cigarette with their neighbors in the sky?
sick, perhaps getting worse. hmm. see a doctor? or wait a week + hope for the best because contributions to the calendar-year deductible disappear into a black hole now, make progress towards useful insurance in a week. skin-in-the-game really renders health-care utilization choices more rational.
tonight Apple Pay asked me to authorize a payment, then billed me more than that. initially it was WTF? but eventually a receipt came through itemizing local + state sales tax beyond the authorized amount. is this new? i think Apple Pay should solicit authorization of the full amount it will bill.
(also they charged rates much higher than the actual sales tax rate where i live.)
one reason the US is so mad at insurance companies is not because rationing exists, but because care is often rationed the same way firms ration customer service, by byzantine discouragements that only the most dedicated persist through. even the most dedicated can and often do die from delay.
“the destruction of American public transit in the middle of the 20th century and the suburbanization of the middle class and aspirants both came before the increase in crime rates”
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[new draft post] Wreckresentative democracy, "Secret Congress", and bee-sting theory drafts.interfluidity.com/2024/12/24/w...
US FY 2025 deficit: significantly bigger than FY 2024, about the same, significantly smaller than FY 2024?
what would CNN’s euphemism, in the name of journalistic neutrality, be for extermination camps?
a great profile of a founding father of the institutions undoing us, by @rickperlstein.bsky.social.
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there would be a lot less rationing relative to medical need if what was rationed was inexpensive and abundant. which is why, while rationing in some form of course is everywhere, it is much less contentious, less big a deal, everywhere else.
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