Officiousness

This trend of employers inventing reasons to disqualify your experience is really obnoxious.

Try getting out of the army and then seeing how employers treat you. I had more than one tell me I had “no office experience” despite working in an office for five years straight, eight hours a day. And working in an army office is a hell of a lot harder than working in any corporate office I’ve ever seen.

Employers make every effort to discount your experience because then they can pay you less (in general and in specific).

NIMBY MBA

The problem is being ruled by Excel spreadsheets and the MBAs who wield them. Who, strangely, seem to be in some sort of oddball alliance with the build-nothing do-nothing degrowth left. Excel knows nothing about will and changing the shape of the possible. Much of what we do now was said to be impossible not long ago; our goal now should be to make our current selves look just as clownish in the future.

Anything else is a failure.

Kid Me Not

The American Dream failed millennials and Gen Zersโ€”even DINKs earning over $100,000 say they canโ€™t afford kids.

Hell, we earn around 4x that much and it’d be a stretch including cost for college to have a kid. Don’t get me wrong, we could do it! We earn a lot. This isn’t some sob story. But it would mean we’d have to retire later or not at all, and have far less money for emergencies and the like. Child care in this area is something like $2,000 a month.

I truly do not know how people do it. Makes me glad neither of us have ever wanted kids.

Compulsion

Housing is a terrible investment, by the way. Real returns of around ~2% a year. And no, the recent run-up does not change that much at all. People only perceive it as a good investment as it’s forced savings.

But I don’t need that. I save without being compelled to do so.

We only bought a house when its expected investment “returns” could be in the sharp negative and we’d still financially be ok. That’s not the only time you should buy a house. That is up to you and depends on your risk tolerance and financial status. But you won’t even beat a money market fund with housing unless you get really, really lucky.

Housing as an investment is BS in all sorts of ways.

Skimming

Crazy to think that the majority of the money I used to buy the house I’m currently living in I made doing low-risk and perfectly-legal stock market shenanigans with play money1.

What I did shouldn’t be legal. Some companies do it at massive scale. And not (just) to praise myself, but it takes a big brain to do what I did. That is a good example of a de facto power imbalance that the left refuses to talk about ever. It is a real blind spot for them. Not to belabor the point, but the age gap crap they incessantly bang on about absolutely fucking pales in comparison to cognitive inequality.

  1. Meaning money that was not for retirement, not for anything specific and if I’d lost it all I would’ve gone, “Oh well! Such is life. Let’s get some dinner.”

Driving Housing

Charles Hugh Smith: Unaffordable Housing and Homeless Encampments: How Did It Get This Bad?

Charles is one of the few (maybe a few dozen?) in the country who actually understand how housing prices currently work in the United States. Basically no one in the press does. None of the real estate “analysts” except maybe one or two do. Zero real estate agents do, of course, because they know nearly nothing.

It’s insane that something so important and that is the repository of vast wealth is so poorly understood by so many. I think that is deliberate, though — if people actually comprehended how it works and why it works that way, far more of them would rebel against it and demand change.

Hence, all the propaganda is designed to lead one down the wrong epistemic path.

Lacking Smacking

A good sign that most people are in fact clown-ass dipshits (whether on the right or the left) is that their opinion on the health of economy undergoes a 180 degree shift the minute someone of the opposite political party become president. And that is with no changes in the economy itself, of course.

Critical thinking altogether lacking. How do people live like that?