The general point seems to be that the Fed can only do 1 substantial thing for the economy, raise or lower interest rates. (yada yada quantitative easing, forward guidance)
And interest rates, devoid of any true monetary policy, creates a damned-if-you-do and dammed-if-you-don’t situation for the lower 90% of wealth owners.
The government wasted 10 years of free money by not investing in infrastructure and the clean energy transition. Instead we got 10 years of 1% loans to corporations and billionaires to do stock buybacks. The fed can only lead the horse to water, but if there is a filibuster the horse will never drink.
On a side note: it’s news to me that home values have plunged. A market softening for sure, but a plunge in sale prices? Not in my metro area. Plus a 20% plunge doesn’t mean much when home prices are up 20% yoy
Elon takes the “freedom from consequences” interpretation of free speech when it comes to his complaints about twitter and “cancel culture”, then turns around and effectively cancels these employees for speaking their mind.
This is easily solved for with a decent rain jacket and rain pants.
When I started commuting via ebike I was convinced I would take the bus or drive on rainy days, but in reality I’ve found that riding in the rain (with rain gear) is still vastly more enjoyable than sitting in traffic.
In my first dev job I was hired as 1 in a pair of jrs to start at the same time on the same team. We never got along. After about a year I was promoted and the other person was let go for performance reasons.
I never really put myself in the other jr’s shoes so thanks for sharing your story. At the time I was pretty intimidated by her and all the other engineers, I can only assume it was much worse for her.
In retrospect it was obviously a bad idea to hire 2 jrs at once. It was a small company (~10 engineers) and we were their first jr hires. I think the company thought that it would foster camaraderie and a little healthy competition, but I think most jrs have too much impostor syndrome for that to work out.
On a side note I think they did have a good onboarding program for new developers. Outside of normal jr level tasks it was roughly 50% technical support: talking to customers, collecting bug reports, reproing bugs, then finding the right engineer to fix them. Over time I started diving into the code myself to see if I could find what was breaking, then eventually putting up fixes myself. It was a good way to contribute real value to the company while learning how a codebase works.
Write down everything you’re going to eat for the day in the morning.
I’ve used logging to great effect for weight loss, but I found it cumbersome to open my phone and log the calories every time I ate. Eventually I started logging my meals before I ate them just to get it out of the way. This led me to pre-logging the whole day. That made it much easier to time my meals and snacks so I wouldn’t get hungry and could stay under my calorie goal
FWIW I have been building web applications with JavaScript for about 7 years - sometimes very complex applications with literally millions of MAU - and I couldn’t have told you with any depth what most of these LOC actually do.
Yes, at a lot of companies (anecdotally 3/3 for me including a FANG) the developers are the main driver of the product development. Product managers help guide the process and directors set the cardinal direction, but the product innovation comes from the developers.
I can’t answer about the relation to tech investment, but the federal reserve has a meeting every month and they have been explicitly saying for the last few meetings that they intend to raise interest rates several times this year.
So the only good candidates for a recruiter are the ones willing to let their recruiter break the law and make a salary history a requirement for consideration?
WA state law makes it very clear as a candidate I don’t need to share salary information, and by some readings of the statute it’s illegal for them to even ask.
My most recent job is at a very large public company where the salaries are well published (levels.fyi) - there was no need for me to give a detailed salary history of all my recent jobs.
If the value-add of a recruiter is getting a better negotiated salary, what is the value-minus of putting another point of failure between me and a job I want. Surely it’s possible that over time the minuses are greater than the pluses.
I was recently talking to a 3rd party recruiter who started asking me for detailed salary info of all my past jobs. I told him that I didn’t feel comfortable answering that, then when he pushed back I told him I’m legally not required to give him that info in my state (and the potential employer’s state.) He abruptly cut the call off and ghosted me.
I decided to apply to the company directly. They were happy to talk to me because my experience was a really good fit for them. I come to find out that the recruiter emailed them saying that I was a poor candidate and that he suggest they don’t talk to me. Luckily they didn’t listen to him.
And interest rates, devoid of any true monetary policy, creates a damned-if-you-do and dammed-if-you-don’t situation for the lower 90% of wealth owners.
The government wasted 10 years of free money by not investing in infrastructure and the clean energy transition. Instead we got 10 years of 1% loans to corporations and billionaires to do stock buybacks. The fed can only lead the horse to water, but if there is a filibuster the horse will never drink.
On a side note: it’s news to me that home values have plunged. A market softening for sure, but a plunge in sale prices? Not in my metro area. Plus a 20% plunge doesn’t mean much when home prices are up 20% yoy