lucaspm98

8 ms·

1.
by lucaspm98 5mo ago
Having this surveillance done by human beings rate limits the process to, in theory, focus it on actual criminals. Requiring warrants for the more invasive and persistent techniques adds another layer of accountability.
2.
by lucaspm98 5mo ago
Every entrance to my neighborhood has a Flock camera from my local police department. Tracking the exact time I enter and leave my home is at the very least right at this line you’re trying to draw.
3.
by lucaspm98 6mo ago
Publications must love they can now pump out an article every time someone creates a new account to place a large wager on a prediction market. Having been a semi-pro sports bettor for a short stint as it went through legalization in the U.
4.
by lucaspm98 6mo ago
People are living in entirely different cost of living realities outside of NYC and the Bay Area. Within 5 miles of me with 2 adults and 2 kids and $100, you could go to a trampoline park, ropes course, bowling, hours at an arcade, water pa
5.
by lucaspm98 7mo ago
Are you suggesting libertarians believe the government should not build infrastructure? I realize libertarians by nature have unique viewpoints but that feels like a bit of a mischaracterization. In general libertarians support a smaller go
6.
by lucaspm98 8mo ago
Sure this seems to have worked in high-trust homogenous society with similar values and goals. They have a very high baseline of wealth given abundant natural resources that'd need active mismanagement to not have a strong economy. Ext
7.
by lucaspm98 8mo ago
The correlation between higher state and local taxes (beyond some reasonable baseline) and improved public service is tenuous at best in much of the US. I'm happy to concede Massachusetts may very well have found the right balance, but
8.
by lucaspm98 8mo ago
There's plenty of studies on this. There's unsurprisingly a modest but statistically significant migration of millionaires from high-tax to low-tax jurisdictions. https://www.asanet.org/wp-content/uploads&#x2F
9.
by lucaspm98 8mo ago
Of course the number of millionaires has grown on an absolute basis given inflation and the strong stock market. To control for this look at NYC's share of the nation's millionaires, which shrank from 6.5% in 2010 to 4.2% in 2022.
10.
by lucaspm98 8mo ago
Taxes are often used as either incentives or disincentives for certain behaviors. Examples of incentives are the Child and Dependent Care Credit and EV Tax Credits. An example of a disincentive is a Mansion Tax.
11.
by lucaspm98 8mo ago
The reason political discussion needs to be limited is exactly for comments like these. Low effort characterizations of mainstream politics as racist or fascist is purely inflammatory, and only going to further turn HN into Reddit but for t
12.
by lucaspm98 8mo ago
“Radicalization” to the OP likely means swinging from vaguely left-leaning to right-leaning.
13.
by lucaspm98 1y ago
I recently discovered the local police department had installed Flock cameras at every entrance to my quiet suburban neighborhood. I now cannot come or go from my own home without warrantless tracking of my movement. In anecdotal conversati
14.
by lucaspm98 1y ago
$300k a year is rich in 99% of the world and 90%+ of the U.S. However, jobs that pay $300k vastly over-index to a few coastal major metros, where $300k a year is at the lower end of ever being able to own even a condo within a reasonable co
15.
by lucaspm98 1y ago
Do you have anything that ties together this trade with those investors? Anyone who held equities that day were up 6-7%, so many billionaires were up that much or more without touching their holdings.
16.
by lucaspm98 1y ago
Everyone is jumping to conclusions. The majority of comments on this thread are assuming this is at least someone with inside knowledge, and several are saying Trump or his administration are directly involved.
17.
by lucaspm98 1y ago
I agree with you within the scope of top tech jobs. The tech interviews process is fairly uniquely grueling because it's both very high paid (so a costly mistake to hire poorly) while lacking much professional certification. In many ot
18.
by lucaspm98 1y ago
As I understand it the "liberal hive mind" believes the exact opposite - that some bogeyman, typically either corporations or foreign investors, prevent functional supply and demand dynamics. Therefore they don't support a fr
19.
by lucaspm98 2y ago
Okay, let's assume we take every last dollar from every billionaire in the U.S. regardless of the legality, feasibility, or morality. We now have $5.5 trillion dollars. This would more than double the current $4.2 trillion in funds and
20.
by lucaspm98 2y ago
I don't agree with the exaggeration in the parent comment, but your one counter-example pivoted their workforce expansion to the US after openly criticizing Sweden's business environment. They took issue with the shortage of emplo
21.
by lucaspm98 2y ago
The poverty line for a family of 4 in San Francisco was $149k in 2023. I live in a MCOL city with all the modern amenities and on $150k can be a comfortably upper-middle class sole income earner, buy the average house, and send 2 kids to pr
22.
by lucaspm98 2y ago
The 4% rule is from the Trinity Study, which was based on a 15-30 year retirement: https://en.wikipedia.org/wiki/Trinity_study For an indefinite time period you'd need a 3-3.5% inflation-adjusted withdrawal rate d
23.
by lucaspm98 3y ago
I've charged my EV at a public charging station less than 5 times in the past year. Instead of a 5 minute stop once a week at a gas station it's 5 seconds every time I get home to plug it in. Any trip within a 3 hour drive is poss
24.
by lucaspm98 3y ago
On a personal level I feel the same strains, but all sources I’m finding have median wages rising more than median rent since 2020 and certainly since 2021. However, that would not be true for buying a home especially when factoring in borr
25.
by lucaspm98 3y ago
My wealth rose by 100% last year, as I was saving throughout the year from near zero while matching these returns with low fee ETFs everyone has access to. I personally believe many of these dynasties do have some unfair and systematic adva
26.
by lucaspm98 3y ago
In theory that would not absolve the government from providing core services. For example, teachers can go on strike but children are guaranteed a primary education. It'd be the government's responsibility, not the individual citi
27.
by lucaspm98 3y ago
That's simply another pedantic distinction to justify state-owned and state-mandated organizations not providing core government services.
28.
by lucaspm98 3y ago
That may be true in aggregate, but for tech workers over the past 20 years the scales have been as heavily in their favor as any industry's employer/employee relationship potentially ever.
29.
by lucaspm98 3y ago
The first definition is the inherently negative common usage when applied to person-to-person or entity-to-person relationships. Applying the second definition to the labor market would mean every worker is being exploited, because no profi
30.
by lucaspm98 3y ago
Will their wages be garnished if the slim 1.3% margins turn negative?

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