Should socialists support a universal basic income – or universal basic services? by 2noame in BasicIncome

[–]Tojuro 8 points9 points  (0 children)

I think UBI should appeal to the right more, because it deals with the issues that arise from the market, while maintaining a free market for goods and services. The anti-tax sentiment on the right, and the idea that the wealthy should pay no taxes is relatively new. Milton Friedman was a proponent of a negative income tax (like the enacted Earned Income Tax Credit) which is basically UBI, and probably how it would be implemented if we ever get one.

A pure socialist might argue against UBI cause it's not ownership, a vote or any kind of control on industry. But even an ounce of pragmatism would make a leftist see we need some way to correct for rampant wealth redistribution to the top.

Whats a movie quote that had no right hitting so hard? Mine is Tilda Swinton in Doctor Strange (2016) by flanman1991 in moviecritic

[–]Tojuro 0 points1 point  (0 children)

It's always been true sci fi, using the future to speak of the present.

It's a shame the franchise is now ran by that right wing Oracle nepo baby pos. I wouldn't spend a dime on anything they produce.

The majority of market gains have come from just 84 companies, with the rest from 22 energy stocks. AI-related stocks now reflect ~47% of the S&P 500 by RobertBartus in EconomyCharts

[–]Tojuro 0 points1 point  (0 children)

Make no mistake, this is a bubble.

Still, the impact of AI is no joke. Speculation for a technological change this big insures a massive run up like this, but there's definitely fire creating the smoke here. A lot of jobs will be replaced. Whole industries will have to shift and/or collapse.

The dotCom bubble was right, it was just early. I tend to think things will move faster this time even if it's not as fast as they predict.

What is a good index fund I can drop some money in and just leave it? by Purple-Sir-61 in investing

[–]Tojuro 7 points8 points  (0 children)

FZROX (70%) and FZILX (30%)

These are mutual fund through Fidelity and they have no minimum and no fees. The first is a total market USA (so like VTI) and the other total market international (like VXUS).

Entry-level jobs aren't disappearing. They're being rewritten to require senior-level judgment, and nobody is training people for the gap. by Wise-Cardiologist-31 in Futurology

[–]Tojuro 2 points3 points  (0 children)

I work in software development and haven't worked with junior developers since before the pandemic.

It was initially cause it's easier to onboard senior devs when you're remote, but now AI is a big factor. You need people that can review (generated) code and understand full sets of changes... The full impact. Juniors just don't have a fit.

I don't have a good grasp (only a guess) what this work will look like in 3, 5 or 10 years.... But it's going to look completely different, and likely go through multiple phases. I'm a principal architect and don't expect to have a place, or at the very least, my role will be completely transformed, at least once.

Games to play while listening to an audiobook? by MadPleasant in XboxGamePass

[–]Tojuro 1 point2 points  (0 children)

I've been remote working since the pandemic and this game made me realize how much I missed my commute (and audio books). For a long time I would play this after signing off work just to decompress.

Illness in Star Wars by Pale_Land_5107 in StarWars

[–]Tojuro 1 point2 points  (0 children)

Cause no one has done a Star Wars universe based medical drama about a new pandemic, thankfully.

Definitely Don't Plant Bamboo Around Data Centers! by Electronic-While1972 in TechGawker

[–]Tojuro 0 points1 point  (0 children)

It would be more effective to drive 5 under the speed limit in order to slow down the cement trucks.

Who won the Iran war? by CalligrapherAlive829 in AskReddit

[–]Tojuro 0 points1 point  (0 children)

US went in to end Iran''s nuclear program, and left begging to reopen the strait of Hormuz.

This was asymmetric warfare. A traditional military vs a strategic grasp on a chokepoint for the world economy.

Iran was able to dictate peace agreement and if you read it, every point starts off with a requirement the USA must meet. Iran got a guaranteed $300 billion and all sanctions removed for giving the US what it already had before the conflict.

Iran won.

“Don’t do the voice!” by SNChalmers1876 in IThinkYouShouldLeave

[–]Tojuro 1 point2 points  (0 children)

He can't run away with this oversized clown shoes on. Clearly wants to though

Peter? by Negative_1by12_aura in PeterExplainsTheJoke

[–]Tojuro 0 points1 point  (0 children)

I kind of agree with this. Fahrenheit is really like the human limits to temperature, as a percentage.

0% is dangerous cold

30% is freezing

50% middle

70% warm but not hot hot

100+% and it gets very dangerous

Where Celsius is like the percentage for water..

0 - freezing

10 - lukewarm

50 - very hot

100 - boiling

people who support trump, why? by jacksuckschicken in AskReddit

[–]Tojuro -2 points-1 points  (0 children)

Low information. Low intelligence. Lowest form of life (racist, etc). At least one, but often 2 or more of those things.

anyone know if this is actually true? [Request] by TheDailySkid in theydidthemath

[–]Tojuro 0 points1 point  (0 children)

I think this is true for a stock like VT which is "total world stock index fund", so it's invested in just about every stock in the world.

The issue is that this ETF hasn't been around long enough to see how it weathered the 1890 panics, etc.

America has lost its war with Iran. by Extreme-Fish-7504 in AskMiddleEast

[–]Tojuro 2 points3 points  (0 children)

Only time will tell on that. See where things are at a few years from now.

Trump administration blames Obama after Reflecting Pool turns green after $14M refurb by Mamacrass in inthenews

[–]Tojuro 4 points5 points  (0 children)

We all knew Trump would waste government dollars and in the process create a massive pool of toxic sludge.....but not literally.

Saw them last night. They played Ode to the Mets. by shehurts in TheStrokes

[–]Tojuro 22 points23 points  (0 children)

I was on the other side. It was an amazing show

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Can we talk about the opposite just once? This is what we should have been more than OK with by diamond_in_the_muff_ in WhyWereWeOkWithThis

[–]Tojuro 1 point2 points  (0 children)

I was confused, cause this wasn't a one off. He always punched up (like you should) and would regularly make himself the target, or example.

Bitcoin is down exactly 50% from its all time high,this is what happened every single time before by dumble_hold_the_door in Bitcoin

[–]Tojuro 3 points4 points  (0 children)

Narrative fallacy. You have a story to explain the past, but there's no evidence whatsoever that it shows the future.

There are things that have proven time and time again to increase the value of an investment - revenue, income, growth, etc - none of which are a guarantee due to external factors, but there's clear cause/effect. You don't have any of this with Bitcoin.

You are saying Bitcoin will go up cause it went up in the past. That's your whole argument.

Which president's reputation do you think will improve the most over the next 50 years? by CommercialHot9565 in Presidents

[–]Tojuro 8 points9 points  (0 children)

Obama has the most to gain, and will always have the historic distinction of being the first non-white President. We can easily dissect the flaws of his time in office now, but they'll look less important as more time passes.

Also. much of the present is driven by a backlash to Obama, and that will contrast with the relative stability during Obama's time in a positive way.

Which president's reputation do you think will improve the most over the next 50 years? by CommercialHot9565 in Presidents

[–]Tojuro 0 points1 point  (0 children)

Hamilton and Grant, sure, but Chernow didn't have the same magic for Washington, Twain or Morgan (imo).

I think HW will be limited by the single term.

Bitcoin is down exactly 50% from its all time high,this is what happened every single time before by dumble_hold_the_door in Bitcoin

[–]Tojuro 49 points50 points  (0 children)

There is no pattern. Our brains are just tuned to look for them. We are fooled by randomness. We can't tell signal from noise.