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Comment How about imports? (Score 4, Insightful) 205

I've seen this story posted on environmental sites touting this as a success. But it's really just no coal on the island... when electricity imports should also be considered (there are interconnections between continental Europe, and also Ireland). And then there's the other big coal user: steel. A lot of British steel has left the island; it's just produced elsewhere and imported.

So good for British air-breathers, but it's not exactly green energy transformation as some may believe.

Comment Re:Revolution (Score 1) 127

You seem to have never read a history book before.

History books tell us that:

- the US went from 90% agricultural employment to 1%
- human diggers were replaced by steam shovels
- hundreds of thousands of switchboard operators displaced by automated switching

In these cases, some people lost their jobs but the majority benefited greatly. Even the job-losers had a chance to replace their dreary work (let's be honest, if a robot can do your job, it probably isn't that stimulating) with something else.

Increased efficiency is a Good Thing.

Comment High taxes compared to expenses (Score 1) 903

Taken collectively, my largest expense is tax.

I expect this is the case for a lot of Americans, due to the combination:

- relatively low essential expenses (food and fuel)
- high incomes (compared to other countries)
- large population (lots of complainers!)

When people realize that a large slice of their gross income is an expenditure over which they have no direct control, yeah, they're going to complain about it, regardless of how much tax someone on the other side of the planet is paying.

Comment Re:Taxes are for dummies (Score 1) 903

This is kinda how the AMT works; recalculating tax without some deductions, requiring the taxpayer to pay the higher of the two.

But a lot of rich people paying low or no tax on an annual do so via recording a business loss. If a business makes a profit in 2 out of 3 years, tax is paid in those two years, but the loss for the one year is subtracted from income. That's only fair.... what you're suggesting would only allow for 0 profit in the unprofitable year. That would have a negative impact on a lot of businesses, like startups, who are currently able to make use of their carry-forward losses in their early years of profitability.

Comment Re:Seems like a good idea to me... (Score 1) 307

The problem is that builders want to make profits, the higher, the better. The highest profits are in buying the cheap rental buildings, ripping them down and building luxury homes that sell at a premium. They make their profit quick and can reinvest in buying up more cheap rental buildings and replacing them with more luxury housing.

This works when the market supports a premium. Think of 2009 Miami... whole lotta luxury places for sale with low demand. Renting out a luxury apartment at budget prices ain't so hot for the landlord.

Comment Re:Seems like a good idea to me... (Score 1) 307

"Just build more inventory" Really? WHERE? ... And the out East building is already so far in swing you have people doing 2-3 hour commutes already to get to work.

- Build vertically (taller buildings)
- Replace low-density buildings with high-density buildings (a la Hong Kong)
- Build high-speed transit to shorten commutes of the people living out east

Comment Better than the Impossible Burger? (Score 1) 162

I see this more as competition for plant-based meat alternatives, such as the already-existing Impossible Burger. Both are new technology, and assuming both taste good, I think it will come down to price. At least for ground meat, I assuming lab growing a hunk of meat and then grinding it up will not be price competitive.

Comment Re:Tax Breaks for the Wealthy (Score 1) 160

Yeah diesel is pretty bad. Yet the life expectancy in the USA is lower than in the EU. So I guess it didn't turn out to be that bad.

Having high fuel taxes in the EU helps put a damper on fuel use.

A decent comparison can't really be done without adjusting for fuel consumption, population density, and other factors.

Comment Airports (Score 1) 47

My usage of it was exclusively in airports. Especially when traveling internationally, Skype Wifi was highly convenient for getting a new minutes of network access. No need to register with Boingo, Bongo, Dingo or whatever the hell operator the airport authority sold their wifi operation to. No need to sign up for "unlimited 7-day access" when I was only going to be in the country for an hour.

Comment Re:You're doing it extremely wrong (Score 2) 805

... and another 8% in sales taxes.

Not really fair to take that off the top, since sales tax won't impact grocery spending, utility spending, or savings.

Now you are easily down to 46K and you have not eaten or clothed yourself yet.
You can probably save enough to get 15K in savings.

$80/day for food? Seriously, how many foie gras McMuffin breakfasts can one person eat?

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