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| I assume you're saying because of the fed, but wouldn't it be more appropriate to mark JP Morgan's efforts to create monopolies throughout the economy a better start point? |
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| I do not understand the statement "Everyone would benefit from competition".
How is that not an oxymoron? Surely those that do not win in a competition are losers. How is that a benefit to them? |
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| > So, what next? our organs?
Yep, they started with our eye balls. In exchange, we are getting "relevant ads". Also our frontal lobe. In exchange, we get depressive dopamine releases. |
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| > So, what next? our organs?
I’m almost certain I’ve seen a study that tried to prove opening up the organ trade would help the economy and hinder the black market. |
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| I see your organ trade study and raise you a billion dollar VC to turn kidneys into penis enlargement powder, buying at a rate that prices out the majority of dialysis patients. |
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| You have a study for this or are you just getting off on imagined scenarios? I agree VC is largely terrible, but being hyperbolic won't help us arrive at a better solution. |
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| The entire purpose of SLS is to create high-paying jobs and they just... didn't. Imagine having a blank check and cheaping out. Amazing. |
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| Do you make more welding for the USG than you do welding in the private sector?
If so it might be the only government job in the country that beats the private sector in terms of pay. |
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| I think LinkedIn exposes these stats on Company pages. Search company and click the Insights tab.
Edit: Median tenure is 2.8 yrs according to LinkedIn. |
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| While this is how this story is regularly retold it's not quite accurate. Polling around the Moon program tells that while there was a large minority of people vehemently in support of it, the overall response was mixed, and NASA was generally seen as a good target to cut funding from. [1]
I think there are lots of parallels between the Moon landings in the 60s and the idea of colonizing Mars today. In particular, most people don't think it's possible, and so they think it's a waste of money. The Apollo program only received majority approval once we landed on the Moon. People also tend to dramatically overestimate the cost of achieving great things in space. Polling suggested people thought the Moon missions were taking up about 22% of the budget. In modern times it's down to less than 0.5%, and that's with NASA blowing tens of billions of dollars of pork projects like the SLS. Overall support for the Moon program only began to steadily rise in the years after human spaceflight was defacto completely cancelled by Nixon, and people were able to coolly reflect on what a ridiculous and important achievement that was. [1] - https://www.space.com/10601-apollo-moon-program-public-suppo... |
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| > No, trying to financially engineer incentives to make all of those things magically happen would not have worked. They tried that with broadband rollout and healthcare and got middling results, at best. Public/private partnerships are a fool's gold standard and it's time to stop getting burned by that scam.
Public/private partnerships are an entirely different thing. There you still have the government dictating what should happen, even if the thing they require is inefficient or miserable, and then you invite a corrupt government contractor that satisfies none of the prerequisites for a competitive market to back their armored car up to the government's vault and suck out all the money. A carbon tax does not involve any government contractors. You burn carbon, you pay tax. People avoid burning carbon to avoid paying the tax. All of the tax money goes back to the citizens; everybody gets a check cut in the same amount. The imperative is to eliminate space for corruption by leaving no exceptions to the tax and no discretion in where the money goes. > We wanted the government to get directly involved. You are implicitly asking for the thing you say you don't like. In order to install solar panels, the government would have to buy land to put them on, and then buy solar panels. These things come from private sellers. But the government's purchasing process is thoroughly corrupt, so now you're buying solar panels and concrete and transformers from whoever's cronies have the in with the administration. You can't avoid this by trying to say "we'll make our own solar panels then" because for that you'd have to buy semiconductor wafers and fabrication equipment etc. The inputs ultimately have to come from somewhere and the somewhere is going to capture the government. This is exactly what happened with the WPA and NASA. The term "boondoggle" was coined for the WPA's corruption and inefficiency. Around 90% of NASA's funding goes to government contractors. This is Boeing, Lockheed, Northrop Grumman, etc. And it's not a new thing: https://www.gao.gov/assets/hr-93-11.pdf At the height of the New Deal in 1936, total federal spending, even adjusted for both population growth and inflation to 2024 dollars, was less than $500B. (In unadjusted 1936 dollars it was $8.2B). The current federal budget is over $6T -- right now it's more than twelve times as much in real dollars per capita than it was at the height of the New Deal. The "massive scale" you wanted is more than already happening, but it's not working, because the government doesn't spend money efficiently. It siphons it into the coffers of the connected. |
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| Their wages are fine, there is simply a shortage of labor which is everybody's problem and needs government intervention in the form of tax dollars or something. /s |
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| Related: https://www.realcleardefense.com/articles/2024/08/12/whats_b...
The Navy’s ability to build lower-cost warships that can shoot down Houthi rebel missiles in the Red Sea depends in part on a 25-year-old laborer who previously made parts for garbage trucks. Lucas Andreini, a welder at Fincantieri Marinette Marine, in Marinette, Wisconsin, is among thousands of young workers who’ve received employer-sponsored training nationwide as shipyards struggle to hire and retain employees. The labor shortage is one of myriad challenges that have led to backlogs in ship production and maintenance at a time when the Navy faces expanding global threats. Combined with shifting defense priorities, last-minute design changes and cost overruns, it has put the U.S. behind China in the number of ships at its disposal — and the gap is widening. Navy shipbuilding is currently in “a terrible state” — the worst in a quarter century, says Eric Labs, a longtime naval analyst at the Congressional Budget Office. “I feel alarmed,” he said. “I don’t see a fast, easy way to get out of this problem. It’s taken us a long time to get into it.” |
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| I think it is a great development, the US decided to export jobs to other countries to pay less its own workers, so it fits well that now it has no expertise to build its war machines. |
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| 100% agree. No-profit high valuation businesses can easily borrow its way into existence, and profitable businesses in the real economy have to compete for the same pool of money. |
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| I guess they felt, correctly, that they were not just making a weld, not just making an engine or a rocket, but helping to put people on the moon. "Building a cathedral", indeed. |
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| I'm surprised they stick welded it. I know they oxy-acetylene welded aluminum aircraft in WW2, (which I've attempted, I found it impossible to do) and TIG welding has existed since the 50s. |
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| The problem is that you can't run a large engineering department based on "Bob says Steve isn't that good". It just doesn't scale, that's the whole reason metrics get introduced. |
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| If you have a manager overseeing 4 people, and a higher level manager overseeing 4 managers, it takes 10 levels of management to oversea 500k people. That is not particularly daunting. |
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| Egolessness is less important in those without authority.
Once it's common for someone in authority to tiebreak on technical arguments, it becomes very important they can set their ego aside. |
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| There is this scene in Das Boot were one of the crew members says that they are going deeper than the sub is rated for and the captain says "don't worry German engineering". |
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| > Welders are highly qualified and well-paid craftsmen.
They’re not. You must be one of those people that hears something once and quotes it as gospel. My BIL did that yesterday: “nfl viewership has been down because of all the different platforms, and it’s been trending down for years.” As it so happens, last year was their second-best year of ratings since ratings were tracked. But, it fit his narrative, facts be damned. “We all see the welding school advertisements: Make Over $100,000 As a Welder! And while it’s true that skilled welders are among the most sought-after workers in the job market, the average welder is bringing in $48,000 per year, a far cry from six figures.” [0] [0] https://primeweld.com/blogs/news/how-much-do-welders-make-in.... |
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| > Starliner is fixed cost.
It sounds like you agree that Boeing is failing to adopt to fixed cost? Just from pop culture, isn't starliner that thing that leaves people stranded for a year after making them shed "excess" baggage for a supposedly weeklong(?) trip? Also from https://en.wikipedia.org/wiki/Boeing_Starliner > Boeing has lost more than $1.5 billion in budget overruns on the Starliner project which has been marred by delays, management issues and engineering challenges. The price paid per flight has also drawn criticism from NASA's inspector general and from observers who point to significantly lower costs on the competing Crew Dragon. |
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| It only reads that way if you're being very very generous and have lived under a rock for the past few years so that you've not seen any other information about Boeing. |
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| The "left with nothing" fear is unfounded. All of their assets would be bought up by investors seeking to do the same thing but the right way; a factory has value and somebody will want it. |
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| You would have employees evaluate the managers. You can have outside consultants also evaluate the health of the management --but that can get tricky. |
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| Does anyone actually seriously believe the U.S. will land a person on the moon in 2025? This is the country that takes decades to open a new subway station. |
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| This is where the "ungodly" funds of Cold War make the difference. There is little incentive in the US government to spend at once as much and take political risk as much as it did back then. |
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| > and then invade Taiwan and claim the 9 dotted line.
FWiW :
The area has always been claimed, whether by the ROC, the PRC, or indeed under Puyi, who had reigned as the Xuantong Emperor of the Qing dynasty.The issue is that "Western" sea faring nations self selected themselves as arbitrators of global borders, including those of regions with governance dating back 4,000 years.
https://en.wikipedia.org/wiki/Nine-dash_linehttps://en.wikipedia.org/wiki/Republic_of_China_(1912%E2%80%... China and Taiwan have always claimed the regions within the nine dashed line. |
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| >Powerful undemocratic countries are scary
Just like all the other undemocratic dictatorships the west is "friends" with and turn a blind eye to their anti human rights actions? |
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| If they keep awarding contracts to SpaceX for getting the needed pieces done, then it's possible. :)
At least until SpaceX starts to feel a bit too comfortable... o_O |
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| If America can make space a crusade again instead of a business sure.
The Chinese are currently in their Apollo phase in which every engineer dedicates their life to the mission. |
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| Super Heavy isn't going to the moon. Also, the moon has less gravity. WAY LESS.
I think those two things combined means your logic is off by at least 3 orders of magnitude. |
- Western Industry.
- The blue-collar middle class
- The Middle Class
- Our health care system
- Our education
- Western Economic Leadership.
- Social Mobility
Now they are busy destroying western technology, science and innovation on their never-ending selfish wealth-extraction quest.
They convinced us that our homes are investments, so they can fleece us with their usurary schemes. So, what next? our organs?
They convinced us to exchange our pensions for the privilege of being the mark on a market where the sharks like them do whatever the fuck they want, from blatant insider trading, to pump and dump schemes, to outright fraud, having for all practical purposes bought the SEC a long time ago.
What they will kill next?
How long are we going to transfer wealth to those slimmy sweet talking ignorant greedy bean counters?
Our daily work is like being in a mad house because almost everything is subordinated to the the most sacred goal of cooking the next quarter numbers to ensure we maximize executive bonuses, and fuck the long run! crazy projects started, spin offs, merges, projects cancelled, company killing layoffs, fuck long term value generation! they want more and more, and more, and they fucking want it right now! the fucking bonus gollums.
Everything is fucked in our society but executive compensation. Xerox, HP, IBM, Boeing... How many other proud symbols of our economy and civilization are we going to let them destroy?