Maybe, or one could argue that the second amendment applies to the most modern and capable arms of the day e.g. the musket of the time = an assault rifle today
Don’t want to talk guns, but want to illustrate the challenges of making such claims
I don’t think an originalist would take this view. To use hyperbole, I don’t think anyone intended the bill to empower the epa to shut down the energy industry.
Most Americans live paycheck to paycheck because they are out spending their money (bars, restaurants, gas commuting, going to the movies etc. = discretionary spending), but because of lockdowns they weren’t able to do that (yes some of that money got spent on other things (computer monitors and streaming services)) but the us savings rate has never been higher[1], and the wait staff that were out of jobs made more money not working than when they did!
While I’m not bullish I think markets are now closer to fairly valued than extreme over valuation, on a Schiller PE basis we are somewhere between the 5 and 10 year trailing averages, the 20 year average puts you at 25.9x which is a 12% drop from here. Sure the 40 year average is at 23.8x but if you used that as a gauge of fair value the only time you would have been below that was the depths of the financial crisis.
1) exercise. 6 days a week (2 good cardio days, two stretchy (Pilates/yoga), and two sports/outside/weights)
2) eat healthily a) 90% plant no carb plant based (salads etc) 10% whatever you want. Extremely limited drugs (alcohol) (like once a month)
3) adequate sleep ( #1 and # 2 help a lot)
4) spend at least an hour a day outside (bike to work, have lunch in the park, go for a walk)
5) use your calendar to create time for yourself
6) challenge yourself to learn new things that do not come easy I’ll to you (for many of the people that are stem oriented here, that means dancing and watercolors)
I mean that public sector employees are underpaid. Comparing consultants and in-house cost is always going to to result in 2-3x disparity (you’re paying a premium for swing capacity). I’m willing to bet the state employee is overpaid Vs his private sector non-consultant counterpart. You then have ask why hire a consultant and I think the answer is that it’s some combination of not being able to fire state employees after the project, or that those employees are actually ineffectual/incompetent.
(As an aside I’m willing to bet the #’s aren’t apples to apples with the consultant being a fully loaded coast, and the in-house not including pension benefits etc)
On top of all that, You also have to solve for the structural inefficiency of public sector pay and benefits. Public sector employees make tons more than than private sector counterparts when you account for pensions and benefits, but those only really accrue if you “put in your 20” - making government service basically a non-starter for someone that doesn’t want to be a lifer…
The private markets are very liquid for quality assets, you don’t need to go public for that, and the sec would not prevent these actions, their requirements would be comprehensive disclosure of the conflicts, not prohibition
Except I think in the case where I’m an LP in both funds I potentially pay an incentive fee in Old fund even if the value defines dramatically in new fund, so still could be bad for me
I don’t see this going anywhere unless a) it becomes costly/risky to hold customer data, b) it’s mandated by law, or c) there is massive customer demand
Unfortunately I don’t see any of those on the horizon…
Wow kind of a making my case here - you’ve assumed that I have some anti-science position (and why are we talking about gay gay people?) and have said nothing of the sort. when in fact it’s really just that seemingly numerate and intelligent people lose their minds when you point out that any of their pet social goals are in conflict with each other.
Like for example, when rich towns have a home sale tax to fund “community preservation” (buying vacant land- decreasing supply), strict zoning codes (no multi-family for example - decrease supply) then also feel the need to have an affordable housing effort (building homes, increase supply). You literally have people in the same town government working at cross purposes!
If my local tarot card reader with a healing crystal store doesn’t believe in basic economic theory, not exactly a big shock! But they also don’t exactly purport to be “data driven”
Honestly if it weren’t so depressing I’d enjoy the schadenfreude of watching Californians sacrifice one sacred cow - science (economics), for another - their social mores.
I’m constantly amazed by my friends who can get into the minutiae of Covid epidemiology or climate science, can’t or won’t embrace the most rudimentary economic concepts and principles because it conflicts with their social beliefs
Got it, so the widow living on a fixed income, in her modest home that was once in a lower middle class neighborhood that has now gentrified, is forced out so that someone really contributing to society (like FANG employee) can live closer to work? She now has to live somewhere else, what property was freed up exactly, (so no net new housing creation)? (Not even going to address paying tax = good for society)
So please explain to me what part of a law that prohibits people from doing business with a Russian state owned enterprise doesn’t make sense?