To go further down that road: All assets are immediately turned over to the government and used to fund cleanup and mitigation. The government becomes the most preferred creditor.
My dad was a small-town banker and my father-in-law was a box factory floor manager.
Both managed to save over half a million before they retired through no particular brilliance, just hard work and saving.
If you're a developer younger than 35 and don't save a million before you retire, there's a good chance that you're either not going to retire or you're going to be poor when you do.
Retiring at 65 and living to 85 gets you 50k per year with a million dollars of savings. Investment and interest could extend that another 5 to 10 years. On the other hand, medical technology advancing gives you a pretty good chance of living that long. Save now. Spend later.
Rich people get income from "investment". Poor people get income by working. When you invest, you take the accumulated surplus work and use it to accumulate a larger surplus. You also retain more surplus. When you work, you directly contribute labor that is needed to sustain life and civilization and give away a "fair" portion of the surplus to your bosses.
We have a sliding tax scale. Everyone gets taxed 15.625% (social security and medicare) on labor. Except if your labor is valued about 2x to 3x above average. After $120k per year, you pay minimal additional SSI/Medicare.
Then there's income. Income tax is mostly paid by fools and people who earn about 2x to 4x the average wage. If you're in the lower class, you probably pay nothing or get a small stipend from the government. If you earn average to about 2x average wage, you most likely pay 8 to 15% of your labor in income tax.
Then there's sales tax. That averages around 9.5%. It's effectively regressive because those of us who spend almost all of our income on things we need end up paying 6 to 10% of our income in sales taxes. Rich people spend very little of their total income in sales tax. They "spend" a lot of their income on generating more income instead of on taxable purchases. The sales tax rate is more like 1 to 2% of rich peoples income.
Then there's capital gains. Rich people earn most of their income from capital gains. They nominally pay 15 to 20% of capital gains in taxes. In reality, the richest people pay almost no capital gains because it's much cheaper to just buy tax loopholes and hire attorneys and accountants.
Lets say you work hard and manage to get yourself into the "upper middle class". Your family makes about $160k per year. Probably 7% of that goes to sales tax. Another 15% to SSI/Medicare. Another 10% to income taxes. Another 4% to various state and local taxes. You're paying about 36% of income in taxes. It could easily be more like 40%. The millionaire a few neighborhoods over? He pays about 3% in sales taxes because he only spends about 500k of his annual income. 20% in income taxes because most of it is capital gains. 5% in state taxes and 4% in SSI/Medicare because he doesn't have to pay much after around $120k. That's right: 32%. Also, his company may be getting tax breaks for "staying in the area" or investing in solar or whatever else he can finagle out of the local and state governments. So that's it for taxes.
Now, lets also look at how income is distributed. We already know that basically, right now, the rich get richer and the poor tread water or get poorer. How come? It pretty much flows naturally. Capitalism is mostly about competition. In nature, competition produces winners and losers. The alpha male lion does most of the mating (hence the "lion's share"). The most well adapted species survive and take over. The rest go extinct. There's a direct parallel between our economic system of unequal gains and the fact that we, as a species, are winning the competition for survival so thoroughly against every other species that we're presently causing the greatest mass extinction event in the history of the world.
Nature is really just an extension of physics whereby biology governs a set of complex chemical interactions that collect, store and expend energy in endlessly varying eddies, pools and swales. Life surfs on the energy gradient that exists between the sun and the vast cold emptiness of space. We are fractal perturbations of the otherwise straight forward march of entropy in the universe. Evolution is the process whereby life develops ever-more efficient and complex means of subsisting on smaller portions and more exotic locales in the energy landscape. This demands that the least efficient competitors die off to make room for more advanced ones.
We are transitioning out of the existing system, riding the phase-change whereby evolution is no longer being playing out exclusively in the biome, but also in memes manifested as technology. Just as the earliest life forms were massively inefficient relative to today's species, they are orders of magnitude more complex and effective at catching energy and complicating the process of entropy than non-living processes. Our technological processes are quite inefficient at harnessing energy but make up for it by having access to immense pools of energy that are unavailable to biological organisms (fossil, nuclear fuels and soon extra-terrestrial solar). Thus the scale of technological processes completely dwarfs that of biology so it can, at present, afford to be inefficient.
Let me pose this question: which ecology has more potential for evolutionary advancement? One where many competitors exist with a gaussian distribution of resources, all with the strong desire to work their way up into the safety and security of the upper class? How about one where a handful of competitors safely control a vast amounts of resources and the majority of competitors have subsistence resources? In the second scenario, most competitors don't have the resources to evolve technologically (try new ventures). In the first scenario, the pace of technological evolution is much faster because so many more experiments (mutations) are being run in parallel. It's a fair analogy to the economic circumstances in the U.S. of the 1950s and 60s and the U.S. of today.
There's another factor to consider here. We are conscious, self-aware entities. At some point, we can look at the situation, do the analysis and conclude that:
1) There's enough resources for everyone. People don't have to starve or even just subsist. Not even some of us.
2) We don't have to kill off or marginalize nature to further our expansion.
We can modulate our the impulse to conquest and expand.
We can work together.
Those who can't or won't, don't really have a place at the table.
It's not inevitable, AND it's also the only future worth having.
It's only by contributing to a shared, peaceful future that each and any of us will find true fulfillment and satisfaction.
It's simple. On the one hand there is the incentive to make the game enjoyable. On the other hand, there is an incentive to make the game less enjoyable if you don't pay. When you simply pay for access to the game, the incentives align. When you don't, the incentives are at odds. The only mitigating factor is that the game has to be enjoyable enough to get your attention in the first place.
Box, DropBox, Etsy, Twitter and Facebook and Amazon all rely on MySQL at "webscale".
Perhaps this will also work for our friend.
Is anyone making sense of this? I know what all the terms are but the facts are more or less jumbled up together in ways that don't lend themselves to meaningful comparison.
If you haven't taught yourself programming by now, there isn't much point. Just move on.
While the demand for good developers and engineers is strong and well publicized, demand for UI/UX people and tech writers is also pretty strong.
It also doesn't hurt you to know multiple spoken languages in those fields.
None of that is appealing? Create a YouTube channel of explaining the topics that you like. If you really are good at explaining and demonstrating, someone will offer you work. The ad revenue makes a nice bonus.
You should have told him to hire a brick layer and given him your two weeks notice.
ASM, C are no where near the abstraction level of LabView.
C++ is higher but so complex that it's useless for rapid development.
Labview is at a much higher level of abstraction. Of course it's designed essentially for hardware folks to do software with a low learning curve.
Comparable level text-based languages would be something like Python or Matlab. Have you tried those?
HTML5 was created despite the W3C and without its blessing.
1) W3C is more interested in bureaucratic solutions than useful technology.
2) W3C is bought and paid for by groups whose interests align strongly with the MPAA whose essential policy is to monetize all forms of expression and total control over distribution of content.
At this point, the standards are seen mainly as a way of keeping unapproved "vendors" from creating a user-agent that might allow too much access. They seem to espouse the notion that there is still an ocean of "content" that hasn't made it to the web because there hasn't been sufficient monetary incentive to put it online. Two seconds of thought about how cable companies restrict access to their online streams (e.g. HBO Go) shows that there's no technical barriers to having more content on the web, only corporate barriers.
Link to Original Source
I agree. And there's no evidence that it would be different under McCain or Romney or Clinton.
What's the point?
1. you use less parts and cheaper parts in the power supply.
2. you have fewer and shorter cables
3. you use 5V, 3.3V, regulators that are the right size for the job. this saves space and saves material
4. you get to choose where to put these regulators so that heat management can be more optimal
5. it's easier to integrate the 12v battery with the space saved
What will that question get for you? How about asking, "Will you take a stand with me against sexual harassment in the hacker sub-culture?"
We live in a broader culture where that kind of harassment and assault is illegal. The way the sub-culture is doesn't matter. Want to make a difference? Don't act that way or tolerate those who do.
The jobs that these people do is harmful to the economy.
I'm not saying that we shouldn't continue some of the programs that are currently administered by these departments. Some of them obviously should be continued (I believe that there is a place for government in funding science and research. There are, however, other things that the government shouldn't be operating. The network of weather satellites should be sold off to private interests and the government should put out contracts for gathering weather data. The data itself should be made available to the public by the government (and the right to do so should be enforced in contract terms) but there is no reason to have a bureau that operates these things.
EDU: The federal government has absolutely no concern with funding or regulating education at any level. It's not interstate commerce. It's not national security. It's just an excuse to medal and win political points with naive voters. It is each citizens own responsibility to pursue his own education. That's not a function of government, be it national, state or local. The only thing that the loans and the grants, the regulations and the national standards do is make the whole business more expensive to manage and operate and create opportunities for waste and abuse. Every major function of EDU is duplicated by or originated in private institutions already. We waste money paying people to work for a department whose only practical function is to make education more expensive and less accessible.
HUD: This is the analog of the department of education which primarily serves the interests of the real estate and construction industries.
Energy: This is a bureaucratic black hole into which we dump money for pet projects and graft. It exists to serve giant energy companies and the military-industrial-national-security leviathan.
Interior: Other than the national park service, the USGS, fish and wildlife, it's hard to say what useful work goes on here. Many of the regulatory services exist to serve entrenched interests. Some of them are doing absolutely no useful work (this is the department that rubber-stamps oil rigs, pipelines, etc. leading to such disasters as the recent gulf oil spill). I can pretty much guarantee that Indian affairs has no legitimate use. That's a function for the state department.
Commerce: This is where made-up government economic statistics originate. They also specialize in interfering with trade.