Readit NewsI was partly expecting the rest of the article to explain to me why exactly it wasn't just bloat. But it goes on talking about this 1~3-person cache SRE team that built solid infra automation that's really resilient to both hardware and software failures. If anything, the article might actually persuade me that it was all bloat.
Expensive condos etc derive most of their value as a symptom of a much larger and extremely productive economic system which got disrupted. Suddenly people start reevaluating basic assumptions and markets adjust in ways more complex than a simple boom bust cycle.
Where the taxpayer money should have gone: on the supply side. For example, the number of UC campuses in California should have doubled as the population doubled. The last UC campus to open was Merced in 2005. Before that was Irvine and Santa Cruz in 1965. And we wonder why tuition keeps increasing? 1) Demand increases with population increase. 2) Demand increase with more people seeking 4 yr degrees. 3) Demand increases with the US subsidizing the ever living shit out of college tuition. 4) Supply stays relatively constant.
Similarly Obamacare drove the demand side by subsidizing health insurance and onboarding millions of new members. It did almost nothing on the supply side - same number of hospital beds and doctors. Insurers and medical groups made a killing as the price of their services grew dramatically.
In both cases, political stability was achieved in shoveling taxpayer money at education and healthcare without increasing competition. This is a very clever way for existing vendors in healthcare and education to soak the government.
Solution: drive prices down by investing in supply of education and healthcare.
Yikes
P(causing death | minor violation ) > P(causing death | ~ minor violation)
Also:
P(reckless driving | without cops) > P(reckless driving | cops)
Here let me one step further and present data:
> California to Stop Towing, Impounding Vehicles of Unlicensed Drivers
https://www.pbs.org/newshour/politics/california-impounding-...
"According to a study conducted by the California Department of Motor Vehicles, unlicensed drivers are almost three times more likely to cause a fatal crash than licensed drivers."
https://www.berginjurylawyers.com/blog/auto-accident/unlicen...
Is NYTimes so journalistically lazy/corrupt that they couldn't connect two obvious pieces of facts?
I think the opinion NYT is programming into their readers is that normal people owning the means of private transportation is bad. The particular facts or coherence of the argument is immaterial.
Just believe the opposite of whatever Pravda says and you’ll be a’ight.