• 15 Posts
  • 82 Comments
Joined 1 year ago
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Cake day: June 9th, 2023

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  • In theory a pension is stable, guaranteed income. The employer promises a monthly or annual payment for life, and they manage a pool of money to make sure you get that payment regardless of whether the market goes up or down. People like stability.

    With a 401k you take on the market risk yourself. If the market tanks (2000 and 2008 come to mind) then your retirement funds are suddenly worth less and your payments to yourself (distributions) go down. Of course, if the market is hot you can also direct your investments to try and ride the wave. Greater risk means greater (potential) reward.

    401k’s also have required minimum distributions that kick in as you get older. If you live long enough you will reach a point where you have been forced to drain the whole thing into your regular bank account. Then it’s time for another plan.


  • Your last paragraph is a good one. I fell in love with Sweden when I was there. Then I talked to some teenagers and they said they really wanted to live in America. It caught me off guard. I didn’t understand why they would want to leave a place that seemed so safe, secure, and comfortable. They said they wanted more flexibility and opportunity. Sure, they could get a stable living-wage job and keep it for their whole career, but in America they thought they would have more chances to try new things and reinvent themselves.

    Whether our perceptions of each other’s countries are correct or not, for all of us the grass certainly looked greener on the other side of the fence.





  • I think others have answered your question better than me, but I’ll chip in my two cents anyway.

    The definition depends on who is saying it.

    Within mainstream US politics, Republicans use “liberal” as a catch-all pejorative for any person or group further to the left of themselves. It is usually aimed at Democrats but could also refer to Greens, communists, etc.

    The irony is that, in a broader political context, Republicans are very much liberals, too. People outside the US political mainstream who sneer about “liberals” are usually referring to this larger group, which basically encompasses the capitalist status quo in the “western” world.




  • If you win a state by one vote (offer not valid in Nebraska and Maine), you get all that state’s electoral votes.

    I’m going to pile on to your good answer.

    Since you only need 51% to win all of a state’s electoral votes, any additional votes beyond 51% could be considered excess votes that are not helpful. The system rewards candidates whose supporters are spread around, and punishes candidates whose supporters are heavily concentrated in a handful of states.

    For example, in 2016 Hilary Clinton got 4,269,978 more votes in California than Trump. That’s 4,269,977 more than she needed to win the state. Meanwhile, she lost Michigan by 10,704 votes, lost Pennsylvania by 44,292 votes, lost Florida by 112,912, etc. Hell, she lost Texas by less than a million votes. If Hilary’s supporters in California had been spread around in other states she would have won the national election easily.














  • It’s the same way you know the things outside your window are real. You look at the light coming to you from that object and make inferences as best you can. As long as new observations and inferences line up with old observations and inferences, then you can be reasonably confident that your growing model of the outside world is accurate. When something doesn’t add up then you revise your model and keep iterating with new observations.

    There’s no difference whether the object appears to be within our solar system or far outside it. We see something and we interpret what we can from the available observations. Occasionally, if something is close enough and interesting enough, we send a robot to orbit the thing or maybe land on it and gather better observations, like how Rosetta/Philae visited a passing comet.