Readit News logoReadit News
4wsn commented on the US government has to start paying for things again   vox.com/policy/367278/us-... · Posted by u/rntn
eigenspace · a year ago
I don't really think its that simple. There can be situations where debt is a good idea, and there can be situations where debt is a bad idea.

In ~2010, debt financing was incredibly cheap, so if the USA was able to take out debt at that time and use it for productive economic growth that paid more than the financing cost, it would have been a good investment.

The problem in my eyes isn't really that the USA took on debt when it was cheap, the problem was that:

1. it took out so much debt that now as those debts mature, they can't be paid off without taking on newer, much more expensive debts (and instead of treating that borrowing behaviour as temporary/uncertain, the government learned to treat it as a integral part of its budget).

2. the investments the USA made with that debt might not have been very smart investments. There's a huge amount of crumbling infrastructure in the USA that should have been prime targets for replacement in the era of low-cost debt, that are now going to be incredibly painful to maintain or replace, and aren't really optional. Yes, the USA did invest in a lot of things that boosted the GDP, but it's not really clear (to me at least) that the increase of economic activity was particularly productive, useful, or sustainable.

4wsn · a year ago
> There can be situations where debt is a good idea, and there can be situations where debt is a bad idea. In ~2010, debt financing was incredibly cheap, so if the USA was able to take out debt at that time and use it for productive economic growth that paid more than the financing cost, it would have been a good investment.

Sure, debt can be good idea when it's carefully considered and planned by a well run organization, preferably one where its leaders have their personal finances highly dependent on its success.

However the chronic issue almost every government has is that the government is neither well run, nor do the people running it suffer any financial consequences when things go poorly.

I don't have a realistic fix for this, of course, but it's fun to imagine annual performance reviews for politicians with guillotines available to HR.

4wsn commented on The Set-Up-to-Fail Syndrome (1998)   hbr.org/1998/03/the-set-u... · Posted by u/maximilianburke
magpi3 · 2 years ago
The same phenomenon exists in teaching. When I student is failing, a teacher constantly has to challenge themselves whether or not the failure lies with their approach. I think students are set up to fail all the time.

But with 60+ students, this self-examination can be exhausting.

And if you begin to micro-manage/criticize students, you risk them making them feel stupid. I have found that you have to do the opposite: you have to give them more freedom, more personal responsibility, and you have to challenge them to succeed. They have to own it. They have to have the agency to figure things out and ask questions. It's the only solution. You can't coddle someone to success.

Of course if this fails, I look like a shitty teacher. Teaching is hard. Managing is hard too, I am sure.

I teach middle-school students to be clear. At certain ages, yes students need a lot of structure and they can't figure things out themselves.

4wsn · 2 years ago
> You can't coddle someone to success.

The most succinct way I've heard this massive cultural problem explained.

4wsn commented on New York medical school eliminates tuition after $1B gift   bbc.com/news/world-us-can... · Posted by u/verve_rat
madsbuch · 2 years ago
> ... I don't know if the title/discussions right now are doing it justice.

I grew up and did my education in Denmark. Here we have another sentiment on philanthropy than the anglo world has. Generally I don't like when a single person decide the destiny for many people, as in this case. It as anti democratic and concentrates power.

Stories like these are heartwarming indeed, but they also help keep status quo. In a more fair world a person should probably not be able to amass more than USD 1B by making the right bet on the stock market. That wealth is build in this way is anti-meritocratic.

Stories like this highlight an interesting paradox of the anglo world: The relationsship between democracy and large scale individual impact and the relationsship between allowing people to make their own wealth while the really rich people are merely early, passive, investors.

(It is hard to write critical comments like this when "The donor being a 93 year old doctor/alumni of that school that studied "learning disabilities and developed screening protocols"." - I hope you can forgive me.)

4wsn · 2 years ago
> In a more fair world a person should probably not be able to amass more than USD 1B by making the right bet on the stock market. That wealth is build in this way is anti-meritocratic.

It's anti-meritocratic for someone to invest their money intelligently in the stock market?

How do you determine the threshold where on one side they're entitled to the wealth they earned, and on the other side their wealth is unfairly earned?

4wsn commented on Electric buses withdrawn in south London after fire   bbc.com/news/uk-england-l... · Posted by u/antongribok
CraigJPerry · 2 years ago
I saw this on the BBC the other day, it made me go look up how many bus fires there are.

242 over the past couple of years (although it seems these are mostly diesel or hybrid rather than battery), there’s reasonable detail in the summaries further down the page by cause: https://www.gov.uk/government/publications/investigation-int...

I couldn’t find a way to estimate fires per miles driven.

It also doesn’t include all bus fires, only those reported to the DVSA. London Fire Brigade reports a bunch more in their publication.

4wsn · 2 years ago
I don't really see a link between electric bus fires and diesel fires. The safety issue is that electric vehicle fires are far more difficult to control than their combustion counterparts.

"Electric Vehicle Fire" by "South Metro Fire Rescue Centennial, Colorado"

https://youtu.be/itGeAq9rBeY

4wsn commented on Porsche Design System v3   designsystem.porsche.com/... · Posted by u/MarlonPro
UniverseHacker · 2 years ago
They are pretty darn reliable cars when you consider how much performance they squeeze out of them, and how uncompromising the driving experience is. Moreover, that they can handle being driven HARD day in and day out for decades and stay reliable- something really no other car make can do.

I bought an old Porsche Boxster for cheap on Craigslist and commute daily with no breakdowns for the last 3 years... it's not a Toyota- it's reliable because I spend A LOT of my free time doing preventative maintenance on it. While it requires a lot of maintenance, a cheap economy car would be toast in a few days if driven as hard as I drive this thing. Yet in stock form I could take it to the track and keep up with crazy unreliable exotic supercars that cost 30x what I paid for it.

4wsn · 2 years ago
Yep, that's where they shine. There are always cars that are "more", but few that can be used as hard as Porsches. When you fall out of love with something more exciting because it spends more time in the shop than on the road, the Porsche is always there ready to go.
4wsn commented on Cummins pickup truck engines tricked air quality controls, feds say   usatoday.com/story/news/n... · Posted by u/rokkitmensch
fragmede · 2 years ago
Why is that? Are the parts necessary to meet emissions requirements extra expensive and so are only worth installing on commercial vehicles which are more expensive, vs passenger vehicles have a different profit margin, or is it something else, like commerical vehicles have lower standards for noise or higher standards for maintenance?
4wsn · 2 years ago
A combination of factors; cost, customer expectations, and convenience.

It's easy to produce a lot of power, it's not easy to do so reliably and within emissions specs. That's where the cost comes in, and where customer expectations come in. If VW is going to be offering a 110 kW 2.0 liter engine, well, Mercedes-Benz can't come in and offer a 90 kW 2.0 liter engine just to meet specs. At the end of the day, margins are fairly thin and regulators are compliant. It's cheaper to just cheat the emissions than make the engine meet emissions specs.

The convenience factor is diesel exhaust fluid (AdBlue); the stuff really does work very well. However, dispensing it at the most effective rate in regards to emissions would mean it has to be topped up between service intervals; very inconvenient. Increasing the tank size is a non-starter because packaging space in modern vehicles is at a premium. So the dirty secret (at least for Mercedes-Benz, confirmed by one of their engineers) is that they calibrate it to last service intervals; not to meet emissions. It's only in rare cases where the owner has to refill the tank themselves.

In regards to the AdBlue situation, if you're in Europe where there are a lot of diesel passenger vehicles and also a lot of diesel trucks and buses, next time you're in the city or on the highway, pay attention to the characteristic diesel stink, either as a pedestrian or a driver. You're never going to smell it from a truck; it'll always be a passenger vehicle. :)

4wsn commented on Cummins pickup truck engines tricked air quality controls, feds say   usatoday.com/story/news/n... · Posted by u/rokkitmensch
lifeisstillgood · 2 years ago
VW did it

Renault probably did it

These guys probably did

I think there was a point where regulators said "diesel puts out lung damaging levels of pollutants killing X people a year. We shall either ban diesel engines ... or make manufacturers make diesel engines that don't pollute that badly"

So they set a safe level.

And no manufacturer has been able to achieve the technology to meet that level.

I know some manufacturers claim they can, but honestly that's like a cyclist claiming that they won the Tour De France without drugs. After so many cyclists have been caught (about half since 1990) it's really hard to take the drug free claim seriously - just as it's hard to take the "our diesel engine does it really honestly guv"

4wsn · 2 years ago
I know this is a popular take, but the blindspot is commercial engines.

> bypass emissions sensors on 630,000 RAM pickup truck engines

In this case, and in nearly _every report of a scandal_, the issue is with passenger vehicle engines, not commercial vehicle engines.

Diesel engines can be engineered to meet emissions requirements without cheating, they just aren't except for commercial use.

4wsn commented on In 2023 Organic Maps got its first million users   organicmaps.app/news/2023... · Posted by u/RicoElectrico
b112 · 2 years ago
And yet sadly, is very difficult to use on freeways in North America.

While I am thankful for their time, it's as if all the devs don't drive. Or don't drive on freeways.

It never announces an exit soon enough to take action, at 130km/hr, when you also have to move over 5 lanes.

I've had it announce an exit when I'm beside it, making it impossible to take any action.

Well, anyhow, hopefully rough spots like this get ironed out, we need a Google competitor.

It's sad, because this one thing keeps so many on google maps.

4wsn · 2 years ago
Had the same experience, and ended up being satisfied with Magic Earth[1]. I tried more or less every major navigation service (paid and "free"), and I ended up sticking with it.

And no, I'm not affiliated in any way; just wanted to share a recommendation because I was in the same boat.

[1]https://magicearth.com

4wsn commented on Microsoft is planning an 'Advanced Windows Settings' panel for power users   xda-developers.com/micros... · Posted by u/thunderbong
tiku · 2 years ago
Yes, all we need, another layer in Windows. I recently went to Windows 11 and it is stunning that you still have multiple places for settings.

How are we going to name the classic settings? Classic classic control panel?

4wsn · 2 years ago
Adult Control Panel? I always think "Adult" when I'm trying to bring up the legacy panels instead of the function-crippled slow modern iterations.
4wsn commented on 15 years ago, I helped design Google Maps   twitter.com/elizlaraki/st... · Posted by u/JohnHammersley
andromeduck · 2 years ago
Yeah, it's quite clear the designers have never lived outside lived of a car sewer. Every justification they've given thus far circle back to contrast for road features and while driving. It's peak car brain.
4wsn · 2 years ago
Car sewer? Car brain? Wow, didn't know we had zealotry and disparagement over _choice of transport_ of all things, generally a matter people have little choice in; it's determined by where you live and what sort of life you have.

u/4wsn

KarmaCake day133March 21, 2021View Original