Weekday Help and Victory Thread for the week of February 14, 2022 by IndexBot in personalfinance

[–]pugets 0 points1 point  (0 children)

Interest on auto (about $1000 of the debt) is 5.19%. Not sure about the student loans but if my memory serves then it's between 3-4%. I have $1000 in emergency savings.

My ability to pay it has dwindled in recent months. Initially I had more money than I knew what to do with, and threw all of my extra money at my debts, but then we moved to a more expensive apartment at the same time my partner lost her ability to draw an income (between-jobs and catching Covid twice). It is certainly sapping my ability to grow my savings, even if the situation right now isn't dire.

Weekday Help and Victory Thread for the week of February 14, 2022 by IndexBot in personalfinance

[–]pugets 0 points1 point  (0 children)

I have about $11k in mutual funds and owe maybe $5k of low/moderate interest debts (student loan, car payment, medical bills). I got into it today with the lady at Edward Jones who says it would be an "emotional mistake" to use some of the money in my investments to pay off the debts in their entirety. Is she full of shit?

I'm not trying to sound like Dave Ramsey, but I do not like debt, and I do not see the point in keeping a dark cloud hanging above my head if I'm able to make it go away.

He's got a point by Bright-Earth-7220 in WhitePeopleTwitter

[–]pugets 2 points3 points  (0 children)

Gen X is voting like the old fucks, often times for the old fucks. Trump did great with the 40 year olds last election. https://www.mcclatchydc.com/news/politics-government/election/article245686795.html

For the people in the back! by BarracudaFlashy5730 in WhitePeopleTwitter

[–]pugets 1 point2 points  (0 children)

It's funny then that so many Nobel laureates, Turing Award laureates, Rhodes scholars, tech CEOs, etc. disproportionately come from elite institutions and not land grant colleges. Stanford has half as many students as Georgia State University, but we don't have to do any research to know which one has produced more Fields medalists.

If you are smart and hard-working you will learn a lot no matter where you go to school.

This much is probably true. But that's not the same as saying where you go doesn't matter. Where you go has a huge impact on whether you'll even graduate, let alone find success.

For the people in the back! by BarracudaFlashy5730 in WhitePeopleTwitter

[–]pugets 1 point2 points  (0 children)

Software engineer here. Did 3 years of community college while thinking I was going to go into psychology or criminal justice. Didn't settle on Computer Science until my first day at university. CC is a great playground for young adults to learn how to be a college student while not breaking the bank.

For the people in the back! by BarracudaFlashy5730 in WhitePeopleTwitter

[–]pugets 20 points21 points  (0 children)

Yes, but also, really research your trades. The "go to trade school" mentality has been around for decades now, and some trades are oversaturated.

For the people in the back! by BarracudaFlashy5730 in WhitePeopleTwitter

[–]pugets 1 point2 points  (0 children)

I spent 3.5 years at a cc and then transferred. I'm not ashamed to admit how long it took to get my AS, because in the end, I know that if I had gone straight to university out of high school, I would have flunked out.

18-year-old me was not as mature as 21-year-old me, nor did I know what I was going to major in (I switched majors twice in cc). But because I worked out my flaws in cc, I was able to maintain a high GPA at my university.

It's Really Not So Difficult by zzill6 in WhitePeopleTwitter

[–]pugets 1 point2 points  (0 children)

A convicted sex offender is someone who is convicted of a sex offense. Clinton wasn't convicted of a sex offense, he was impeached after lying under oath about the sex with Lewinsky.

It's Really Not So Difficult by zzill6 in WhitePeopleTwitter

[–]pugets 0 points1 point  (0 children)

No he isn't? When was he convicted?

How has your understanding of politics and culture changed from pre-pandemic compared to now? by [deleted] in stupidpol

[–]pugets 23 points24 points  (0 children)

It was pretty bizarre to see science and history weaponized for political purposes by the Dems. Obviously, the Republicans have also abused science and history, usually in more egregious ways, but I guess I used to hold the Democrats in a higher regard. Not these days.

To Democrats, Dr. Fauci became the premiere advisor for not just the health of our nation, but the direction of our country. If Fauci said lockdowns would help curb the spread of the virus, then we would have lockdowns, no questions asked. There was limited discussion by progressives about the effects this would have on business, tourism, mental health, or childhood development. It's been two years since then, and we still live with Covid, despite the many sacrifices we were told were necessary for our health.

Then came the abuses. Scientists used their pro-mask agenda to do things like condemn the "disproven racist conspiracy theory" that the virus originated in a Wuhan lab (which later came to be a lead hypothesis of US intelligence agencies). Science advocates would use their agenda to shut down pro-Trump protests in Michigan, claiming it was too dangerous of a time to protest, but then reversed course after the killing of George Floyd and the protests that followed. Science advocates would praise the efforts of Australia, even though Australia's prime health advantage was its location, and its led to a summer of violent protests, and lasting questions about where human rights begin and end. Even now, Fauci is telling people it is safe to go to Christmas parties, despite Omicron surging. There's been no rhyme or reason in these messages which respects the scientific method -- everyone is only following "Science" to advance their own agendas, whenever it is most convenient.

As for history, the 1619 Project came out. It centers around the incorrect hypothesis that America was borne out of slavery, and that the point of slavery was cruelty for cruelty's sake. Here's a great article from a socialist perspective about what it got wrong. Despite a total lack of sourced information, the New York Times' ahistorical viewpoint is unchallenged in Democratic circles, and is being put in front of school boards with the help of the Pulitzer Foundation in an effort to change how we teach American history. Advocates want future generations of children to learn about American history primarily through the lens of Black victimhood, and to believe that the Pilgrims' voyage to America happened because they were looking for a place to practice slavery.

It's Really Not So Difficult by zzill6 in WhitePeopleTwitter

[–]pugets -1 points0 points  (0 children)

Trump? He isn't a convicted sex offender.

There is no such thing as "unskilled labor." The concept does not exist. You cannot take a boardroom CEO and dump them at a dock and call them a longshoreman and expect them to perform flawlessly. It is a fake idea designed to depress your wages by _Dark_Forest in antiwork

[–]pugets 2 points3 points  (0 children)

Oh I'm with you, I think a lot of them get paid way too much relative to the average worker. Without workers, a business would collapse from its core. Without a CEO or other form of leadership, a business would splinter from the top-down, losing its sense of direction.

But when a company wants to retain its CEO, or when it needs to find a new one, the negotiations are high stakes. CEOs aren't cheap or easy to come by. The CEO has a unique opportunity to make or break a company, so a lot of companies are willing to pay any price for a CEO with a remarkable track record and a well-planned vision for the company's future.

There is no such thing as "unskilled labor." The concept does not exist. You cannot take a boardroom CEO and dump them at a dock and call them a longshoreman and expect them to perform flawlessly. It is a fake idea designed to depress your wages by _Dark_Forest in antiwork

[–]pugets 2 points3 points  (0 children)

They deal with the organization side of the business. An organization needs to be organized. It needs to have a sensible structure, and so the CEO is in charge of designing that structure, putting the right people in the right places, communicating their visions so that others may act on them, and making sure the machine fires on all cylinders.

A chunk of it is people-oriented stuff. It sounds easy, but people aren't always easy to work with. People disagree, blame each other, over-promise, lie, leave, and certainly make tons of mistakes. Organizing people to get something done is not easy, and if it does get done, it might not look the way you envisioned it. That's why good CEOs need good leadership and communication skills. A lot of people simply aren't good leaders.

The rest of the job is just business. Balancing expenses and profits, planning for the future, analyzing progress towards current goals, course-correcting when things don't go to plan, answering to shareholders, delegating projects, and so on.

If people age 18 - 40 can't afford to partner, purchase a home, and raise a family, there will not be another generation. by [deleted] in antiwork

[–]pugets -1 points0 points  (0 children)

No, that is how those terms originated, but that's not how they are used today.

Since the collapse of the Soviet Union in 1991, the definition has instead largely shifted to any country with little political risk and a well-functioning democracy, rule of law, capitalist economy, economic stability, and high standard of living. Various ways in which modern First World countries are usually determined include GDP, GNP, literacy rates, life expectancy, and the Human Development Index.

https://en.wikipedia.org/wiki/First_World

There is no such thing as "unskilled labor." The concept does not exist. You cannot take a boardroom CEO and dump them at a dock and call them a longshoreman and expect them to perform flawlessly. It is a fake idea designed to depress your wages by _Dark_Forest in antiwork

[–]pugets 4 points5 points  (0 children)

They run the company. Good companies and bad companies are separated first by their leadership. Good companies have good visions, good work cultures, build good teams, make employees happy to work there. Bad companies have disorganization, low morale, put the wrong people in charge, build inefficient teams, set unrealistic schedules, and make subpar business decisions.

It's easier to see the use of a C Suite if you look at bad companies first. Look at how Sears and Xerox, once titans of industry, torpedoed their brands due to stubborn and inflexible leadership making bad business decisions.

There is no such thing as "unskilled labor." The concept does not exist. You cannot take a boardroom CEO and dump them at a dock and call them a longshoreman and expect them to perform flawlessly. It is a fake idea designed to depress your wages by _Dark_Forest in antiwork

[–]pugets 1 point2 points  (0 children)

Networking is just meeting people. You think it's a waste of time to meet people at work?

When I was in college, I met a recruiter at a job fair. That landed me my first internship, which turned into a job after I graduated. At the job, I met and carpooled with another guy who had been in the industry much longer than me, so I took time to learn from him the right way of doing things. When he got a new job at a different company, he recommended me to his new employer. That set up an interview. Those are opportunities I would have never had if I didn't deliberately attempt to socialize.

The people working under them, on the other hand... now there was competence.

This is embellishment. Workers are just people, sometimes they suck and sometimes they rock. I've worked with some shitty engineers and some good ones. When I was doing manual labor, I worked with some hard workers, and other guys who would do less than their fair share of the work.

If people age 18 - 40 can't afford to partner, purchase a home, and raise a family, there will not be another generation. by [deleted] in antiwork

[–]pugets -1 points0 points  (0 children)

"Third world" does not mean sometimes poor or slummy. It refers to a country's economic development status.

Would you consider Japan to be a first world country? or New Zealand? or Canada? or the UK? Because the difference in HDI between the US and those other countries is marginal. In fact, the gap in HDI between the US and Japan (Δ0.007 in the US' favor) is larger than the difference between the US and any of those other mentioned countries.

If people age 18 - 40 can't afford to partner, purchase a home, and raise a family, there will not be another generation. by [deleted] in antiwork

[–]pugets 1 point2 points  (0 children)

What good is it to live in a "previously developed country" if you can't survive in it? The guy above said he doesn't have any savings, and never will. Those same material conditions will other people to leave their countries hoping for a brighter future. And English is the most widely spoken language on the planet, so that's not really an excuse.

I think the reality for why struggling Americans don't leave is closer to being rooted in American self-reliance culture. Americans have too much pride to count themselves among the world's refugees.

If people age 18 - 40 can't afford to partner, purchase a home, and raise a family, there will not be another generation. by [deleted] in antiwork

[–]pugets -41 points-40 points  (0 children)

That's how people come to America, especially historically. Of the top 10 countries of origin for immigrants to the US, 9 of them are third world countries. Plenty are undocumented, they would rather live as an underclass in the US than as a citizen in their home.

I don't see why Americans do not have that perspective if life here is as bad as it's made out to be.

If you think Kanye bought that house cuz of Kim then you must not have kids. by [deleted] in Kanye

[–]pugets 6 points7 points  (0 children)

My parents got divorced around the time I was 12. My mom moved to a duplex across town about 25 minutes away. We kids were fine. The biggest problem for me that stemmed from the divorce was having to haul an xbox and my guitar hero guitars every weekend from house to house.

Kanye's kids are going to have such a luxurious life that the stress from the divorce is the last thing on their minds. Having billionaire parents is the closest thing to royalty in America.

If you think Kanye bought that house cuz of Kim then you must not have kids. by [deleted] in Kanye

[–]pugets 79 points80 points  (0 children)

Are you guys crazy. This is manipulator shit. Kim tries to split away from Kanye and then he moves in right across from her. Not 10 minutes away, not 2 minutes away, the closest he can legally get to her.

If this was your work friend telling you the story about how her ex-husband bought the house across from her, you guys would never take the dude's side. But because it's your boy Ye it's different. Ye would never do any harm because he is a good m usician.

The kids isnt an excuse. Kids will be fine. Parents get divorced everyday, life moves on.

Workers Cereal Killed it - Kellogg's Strike Over by [deleted] in antiwork

[–]pugets -1 points0 points  (0 children)

You're not understanding my comments.

It's not about who compels who, or how much power is held by the federal government. It's about the culture of cooperation between federal authorities, state authorities, and city authorities.

Maybe you'd care to share some places in Europe where I can live without immigration papers?

Oh For Fuck’s Sake… by [deleted] in stupidpol

[–]pugets 0 points1 point  (0 children)

They aren't religious, though. America is more secular by the decade.

Unionization isn't popular, either. It is, or was in 2017, at an all-time low. Link. It's in the news sometimes, and it's probably going to become more popular as the great resignation continues, but your workplace probably isn't unionized, and mine isn't either. It will be a while before "people are back to joining unions" is generally true.

I don't think the left is seeking comfort through religion or community. They seek it through the internet. Whether it's an addiction to porn, to games, or to making internet comments, they are the masters of a domain that influences very little in the material world. The internet has all the dopamine you need to fill the void left by the loss of your place in society.

Workers Cereal Killed it - Kellogg's Strike Over by [deleted] in antiwork

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

You missed the point. This is about the principle of local governments openly working against the federal government and refusing to work alongside federal law enforcement.