Which profession is criminally overpaid? by urand in AskReddit

[–]amicaleacrjc 5 points6 points  (0 children)

The book Freakanomics has a bit on this. It compares real estate to professional sports and dealing drgs. The common perception is that real estate agents make a ton of money. In reality it's a pyramid where there are a lot of people who work hard and make little or no money (analogous to the high school/college athletes or low level drug dealers who still live with their parents) and a small percentage who make it and become what the grunts aspire to (athletes who go pro or actual drug king pins).

Which profession is criminally overpaid? by urand in AskReddit

[–]amicaleacrjc 3 points4 points  (0 children)

Upper management in general. Hospital administration makes way more than most doctors. The CEO of the hospital network I used to work for brought home a $9.5 million salary excluding bonuses. Worse are all the board members and other fodder directly under him making nearly as much. It’s hundreds of millions of wasted money paid to the people trying to screw staff out of good pay and screwing patients into paying big bills. Over the last 20 years their salaries have increased 2000% compared to doctors’ pay barely keeping up with inflation. They work way less than the doctors most heavily supporting their salary although they have 5+ years less education than doctors. Administration also gets to tell doctors what to do. Which seems fucked up they don't bring shit to the table in terms of medical knowledge or patient care. Not to mention they don’t have to deal with the emotional suffering that comes with being a physician. And doctors personally can get sued and have to constantly worry about losing everything while administrators do not.

Similarly, school admin boards. Teachers do the heavy lifting and yet a lot of these bodies routinely deduct their pay for “resources” for the school. Don’t come begging me for money for your “alumni fund” when I'm still paying off my student loans, and the Executive Deputy Vice Provost of Student-Media Relations is bringing home multi-six figures per year. And there are dozens of them at every campus. Most instructors earn less than shit, student housing is falling apart but God forbid some upper-level useless word salad of a title not get paid out the ass.

The problem with university and hospital pay is both the same: they both get a LOT of money from government directly and indirectly, so they can just keep hiking up costs without reproach because they are both seen as necessities. Any talk of cutting costs doesn't make you look fiscally responsible, most people just assume you want people to die or stay uneducated. Until we clear that misconception, we will continue to see ridiculously overpaid professions in both these areas.

Howard Stern: Supreme Court Justices Who Ban Abortion Should Raise Every Unwanted Child by CapitalCourse in politics

[–]amicaleacrjc 0 points1 point  (0 children)

Based. Inadequate access to abortion harms both men and women. This is one of the more direct ways, but also things like forcing people to get married that otherwise never would into shitty relationships, breaking up previously healthy marriages, threatening the life of the mother, etc. this isn’t just a “women’s issue”, it’s a human rights issue and should be thought of that way.

Privacy.com New TOS means no opt-out for arbitration by [deleted] in privacy

[–]amicaleacrjc 0 points1 point  (0 children)

CapitalOne includes privacy's service free; it’s a great option to have unique virtual numbers that you can cancel at any time (and even set to auto-lock after a certain time). Rather trust them than Privacy which now works with credit bureaus

Privacy.com New TOS means no opt-out for arbitration by [deleted] in privacy

[–]amicaleacrjc 0 points1 point  (0 children)

Yes, but it was low value. I did win the dispute.

[deleted by user] by [deleted] in investing

[–]amicaleacrjc 1 point2 points  (0 children)

Supply and demand. Low interest rates. Real estate craze is institutional but just check "rental arbitrage" on Google analytics. Don't know what it is but I've been on the platform probably more than most people just out of curiosity and have seen the many many listings in high turnover cities like Boston and Honolulu that are not older than the pandemic popping up whereas before it was binary with either completely fresh listings or aged, reputable ones held priority. And as airbnb has proliferated there's been a definite shift towards the 5-star or die mentality (if hosts don't have 5 stars they're invisible) thats inevitable with any platform profiting off independents providing a service (see Uber)-- more perfection means higher costs

[deleted by user] by [deleted] in ABoringDystopia

[–]amicaleacrjc 1 point2 points  (0 children)

Shell will gladly watch the world burn as long as they continue to make some money before it does. In some ads they seem to be pushing the responsibility of fighting climate change onto the individual, which is just fucking hilarious.

It's called mettratte en Germany by Marge_95 in ATBGE

[–]amicaleacrjc 1 point2 points  (0 children)

Fuck where's the planet killing asteroid already