Like some people said on HN, the premise of this is based on a misunderstanding of how the poverty line is calculated.

Look, just because some people on HN turned their brain off, it doesn’t mean you have to listen to them. It’s clear if they said this, they read a tenth of the article at most and then jumped to conclusions. The misunderstanding is theirs, and now yours unless you read and grok the whole article.

They don’t take each year’s grocery expenses and multiply by 3.

Indeed they do not.

Instead they take the same 1963 figure and adjust it each year for inflation generally.

Okay. But what underpins the 1963 figure? That’s his whole point. The figure effectively looked at one variable and assumes that several related others remain static for 60 years.

This means if [it] was an accurate estimate then and the inflation calculation is correct, then it should remain roughly accurate

If it were instead adjusted for inflation since 1910, and the poverty line was based on horse maintenance expenses x3, because it made sense at the time, and it was an accurate estimate then, would this have remained roughly accurate to today? Neigh way José.

The benchmark is not keeping up with modern expenses, nor does it factor in changes to known 1963 variables that the benchmark still presumes are static, effectively pegged at 1963 values.

Just read the whole article. Your future depends on it.

Stop bragging 😂

When things get dire, the fast and high bandwidth Internet we know will be gone, but a form of slow, intermittent Internet will probably be around; still technically an Internet.

The E stood for Elimination.

Even more fitting, really.

Part of me wonders if they sell your driving telemetry to your insurance company, and if those companies pay out more for data on worse offenders. If so, they’re just letting you tie your own increased insurance rate noose by providing that option, for their own financial gain.

On brand for an Amazon property.

And the back button will break the entire app.

Oh, so that’s why Google is killing sideloading.

Then again, I could have accomplished the same thing by knocking off work for the day and going to the driving range.

Hey, look at the bright side, as long as you were chained to your desk instead, that’s all that matters.

Ha!

By bolding “every category”, are you implying that sliding into fascism was one of the categories they tracked?

Are you aware of any exceptional economists (besides yourself, of course)? Can you divulge their name(s)?

novibe nailed it elsewhere in this thread, but nobody’s explained the mechanism.

https://youtu.be/0quhLtBXijM?t=4m30s

Within 90 seconds the mechanism is explained, within 5 minutes you understand the money flow, within 15 minutes this meme is covered, and within 20 minutes there’s a suggested solution.

Guess that could be an indicator of which caused which.

uninformed for skeptical

Perhaps one begets the other.

The article is not fishy, you are just uninformed. They are powering the datacenter with turbines fueled by natural gas. You are right about the datacenter though, it’s beyond fishy, into crime territory. To top it all off, they have approval to run only a handful of turbines (after not even seeking approval in the first place, i.e. running them illegally), but they are running a ton of them.

Gary explains why.

*looks around* That’s a pretty big if.

Therapist: How are you?

Patient: Let’s find out.