1,478 karma · joined September 25, 2018
I think if I wanted to describe an account with access to perform "sudo -s" as negatively as possible, I would say "an all-powerful admin account that is exempt from logging activity that would otherwise keep a detailed record of all actions taken by those accounts."
if a grant is the same $1M and Bozo University gets to spend all million on the actual research at hand, but UCSF only gets 200K, how is UCSF more efficient?
Wouldn't the LN2 be traceable to the project either way as direct non-overhead cost, but UCSF efficiency makes that cost lower, achieving the same overhead ratio but either a lower grant cost or more researcher stipend?
1. Thank you for linking that graph, it seems to show that our spending is 25% higher than it was in the 1970s as a % of GDP (23 vs 18). But our level of _debt_ is approx 375% higher (as a % of GDP) than it was in the 70s (120% now vs 32% then). That doesn't sound like we are sustaining it well, and tht interest is compounding as we borrow to pay it.
2. The underlying assumption that makes this argument compelling is that every dollar being spent on these noble categories is being done efficiently. What if fixing healthcare costs cut them in half for the same effect? What if there is fraud to cut in the programs for the elderly? We should tighten these and prepare to pay more as we age.
3. Strongly agree and hope to see some action. It seems that fixing the incentives and inefficiencies of the healthcare system is the core mission of RFK Jr., despite all the vaccine FUD.
4. Strongly agree. I wonder if a VAT would be effective for this.
If you are a bank (or in aggregate a country full of banks) that takes in a bunch of $USD from your business customers selling products internationally in that currency, then you will receive a bunch of dollar deposits. These deposits can't be magically converted into the local currency, they have to be used as dollars somewhere else or traded with someone else who has a currency or commodity that you want for them. Long-term if there is a net surplus(from the other country point of view) of exports to imports, there will be a net surplus of USD as well.
So what to do with those USD? Make some more! Whatever the going rate for T-bills is is likely better than nothing. Treasury bonds are considered a "risk free rate" in the sense that they are approximately as safe as cash under the mattress.
Inflation is a more accurate measure than treasury sales of the reducing trust in our fiscal future. And that signal is lit.
Even outside of math and computers, when was the last time you primed a well pump or filled an oil lamp? All of these tasks have been abstracted away, freeing us to focus on ever-more-specialized pursuits. Those that are useful will too be abstracted away, and for the better.
They will change your whole program, and for the better.
Meanwhile the machinery in understanding that it is a game, processing the audio input of the question, producing the output of the answer is all taken for granted.
If so, what is the outcome that you would like to see from that policy?