Copernican

joined 1 year ago
[–] [email protected] 1 points 3 days ago (1 children)

There are individual salary stats. And those may align with households as some households only have 1 income. https://www.usatoday.com/money/blueprint/business/hr-payroll/average-salary-us/

[–] [email protected] 2 points 4 days ago

I'm not making an argument about the current state of wages. I'm just saying 4.4 million isn't as unattainable as people think. And household income gets murky when you include single income households. And the definition for this article of American Dream includes 2 kids, so if kids aren't in your planning the 4.4 million mark is probably 1 million less if you still want to attain those other things. I think some folks see that number and think "OMG I'm never going to have that much money." You are right, you will never have that much money all at once, but over a lifetime you may have earned and/or spent that much without ever leaving the sort of "middle" income range in America.

[–] [email protected] 1 points 4 days ago* (last edited 4 days ago) (2 children)

I agree. All I'm saying is if 50% of salaries are above that 60k mark and as a dual income you are probably getting close to hitting the dream at that level. That's not as dire as thinking only 10% of the population can afford it. 4.4 million is a scary number, but no one is expected to have that as liquidity or even net worth. That value of spend is actually more attainable over time than it looks when seeing it as raw sticker price.

And again, "American Dream" means family with 2 kids. Not everyone wants that or needs that. If you are a single person and happy living with just a partner or without kids (DINK lifestyle is fun), this is not saying you need 4.4 million to have a decent living standard.

[–] [email protected] 2 points 4 days ago* (last edited 4 days ago)

The inflation piece is confusing to me to, but I think it does talk about investment. It says retirement is 1.6 million based on expected annual withdraw rate. So I'm guessing that is not the contribution amount but final amount including return on investment. So does that 4.4 million number actually somehow translate into a sub 4 million dollar contribution value? Same with college. If you start investing in college funds at child birth that have 18 years of growth, is that child cost the cost basis, or accrued value at time of spend? On the other hand the home cost includes mortgage interest, but the value of the house will hopefully exceed the cost you put into it.

[–] [email protected] 2 points 4 days ago* (last edited 4 days ago) (2 children)

I disagree. Workers in trades like electricians will make that much. I think entry level electricians make like 55k. So after 5 years in that work, you will likely be earning above median salary. But for professions like teachers in school districts that don't pay well.... It sucks. Not ideal, but not as dire as some might think. And when you throw in the number of people these days choosing not to have kids, that shaves 1 million dollars off the cost of the American Dream life (but hard to say how much of that decision is based on expected income vs lifestyle values).

Tech workers I assume are making starting around 75k and getting into 100k fairly easily depending on geographic location. And depending on company and trajectory you could be getting into 200 to 300k territory in tech.

[–] [email protected] 3 points 4 days ago (3 children)

I'm seeing median salary listed around 65. Is the median household income reflecting the number of single income families out there or just single people generally?

[–] [email protected] 6 points 4 days ago* (last edited 4 days ago) (1 children)

American dream implies nuclear family life. Retirement, home ownership, and owning new cars are factored in that math. It includes the cost of having 2 kids.

If you read the article...

Here’s the breakdown. We’ll explain the math below.

Retirement: $1.6 million

Homeownership: $930,000

Raising two kids: $832,000

Owning new cars: $811,000

Annual vacations: $179,000

Wedding: $44,000

Pets: $37,000

Funeral: $8,000

[–] [email protected] 13 points 4 days ago* (last edited 4 days ago) (17 children)

I think people underestimate lifetime earnings. Let's assume 35 years of salary work to retire at 65 (it takes a while to get a career going an maybe a layoff and parental leave...) That would be about 125k a year. Make that a dual income family and that's 2 people making 63k a year. It's a bit hard to understand pre and post tax though because some of the calculations like retirement are pretax. And then factor in gains from investment...

So isn't this calculation saying a 2 family income making median salaries can live the dream? That's not great for 50% of Americans and probably means a lesser proportion of Americans can attain the dream than before. But that number 4.4 million actually is not crazy high. In a more just work though, dual income families making above the lowest 25 to 30% salaries should be able to afford the American Dream with some caveats around used cars instead of new, and maybe more frugal wedding and college expense due to financial aid and what not.

[–] [email protected] 1 points 3 weeks ago (1 children)

"can" vs "do" are different things. The meme quote describes hypothetical use, not actual use, as being something that should be taxable.

[–] [email protected] 14 points 3 weeks ago

I guess that's whats lost in the meme. Just because you "can" use something as collateral doesn't mean you "are" using something as collateral. The language should be more accurate to describe actual use vs hypothetical.

[–] [email protected] 22 points 3 weeks ago (17 children)

So how does taxing unrealized gains work. If I purchase stock X at a specific price. If the stock goes up and I now am holding 150% of my original value. Let's say it hovers there for 3 more years. After 3 years it tanks and is now worth only 50% of my original purchases. Are people suggesting that I pay taxes on the unrealized gain of 50%, even though I end up selling at loss and have realized negative value. Doesn't that mean I am being taxed on losing money? How does that make sense?

[–] [email protected] -1 points 3 weeks ago* (last edited 3 weeks ago)

Thanks for the checking. I think the whole argument is pretty wild and specious, and factually suspect, that someone died because a person couldn't look up the cpr video on time. YouTube is not a platform that is meant to deliver on demand life saving training. In NYC all the restaurants and workplaces have signs up in designated areas with instructions on how to do cpr. I suspect someone is going to more quickly look up written instructions or infographics if they need to Google. But really, this just speaks to the importance in staying up to date on CPR practices and having school and HR classes that teach this on a recurring basis. Using this as an argument against all ads is kind of nuts.

Also, the first step of most CPR instructions is call 911. So if you follow instructions, how are you watching a video on the phone? And can't the operator coach you through the steps? https://www.redcross.org/take-a-class/cpr/performing-cpr/cpr-steps

 

My first ergo mech keyboard was a ZSA Moonlander which I got a little over a year ago. I love it. However, I am now being asked to come into the office more often and am looking at getting something similar, but more portable.

I was looking at the ZSA Voyager since the split keeb, low profile form factor, and columnar layout seem to check a lot of boxes, but I can't tell if I can go cut out that many keys/rows. Mostly concerned about losing the bottom row where I often hit CTRL, and losing out on the 3 thumbcluster buttons I always use.

Questions I have are:

  1. Is it easy to switch from keyboard layouts that have dedicated ctrl keys, vs long pressing?

  2. If this is used for an office setup where the keyboard is going to basically be straddling my laptop keyboard, do folks often just dance between the split keyboard to the laptop keyboard for those extra keys or muscle memory chords?

  3. Are there low profile split type keyboards I should be considering?

  4. If I like U4Ts, what type of switches should I be looking at for low profile tactiles but not too thocky and loud?

 

Cable is dead. Long live the cable bundle. Curious to see the pricing and if the bundle only includes ad tiered options.

 

I always see advice about which software to use and there's always the advice that FreeTaxUSA is the best bang for your buck and does everything you need for when your taxes are "simple." I've used and thought it was great for years. But as my career has grown and no longer filed as a single I've begun to question when my taxes and earnings become "complicated" to the point where it is worthwhile to have a professional do my taxes. Are there general recommended bullet points or scenarios?

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submitted 7 months ago* (last edited 7 months ago) by [email protected] to c/[email protected]
 

The words [Equity-language] guides recommend or reject are sometimes exactly the same, justified in nearly identical language.

...

Although the guides refer to language “evolving,” these changes are a revolution from above. They haven’t emerged organically from the shifting linguistic habits of large numbers of people.

...

Prison does not become a less brutal place by calling someone locked up in one a person experiencing the criminal-justice system.

...

The whole tendency of equity language is to blur the contours of hard, often unpleasant facts. This aversion to reality is its main appeal. Once you acquire the vocabulary, it’s actually easier to say people with limited financial resources than the poor.

 

Paramount Global, amid a swirl of M&A discussions, is laying off about 800 employees worldwide — an estimated 3% of its headcount — as it looks to trim costs.

....

For the third quarter of 2023, Paramount Global’s revenue rose 3% thanks to its growth in its streaming and film businesses — but revenue in its largest division, linear TV, fell 8% as sales of traditional television advertising continued to contract (declining 14% in the quarter).

 

Looking to pay off $15k of student loan debt of my partner. It's something we could wipe out with cash on hand if we wanted to relatively quickly. But one of the loans is 4.5%. Am I better off just riding that out but keeping the cash in for that loan in a HY savings account or keep reinvesting it in short term CD's that have a 5% return and to have more liquidity?

There's a part of me that used to really enjoy the piece of mind of being debt free when I paid off my student loans. But now that I'm more financially established and disciplined, I'm wondering if it's better to pay it off slowly.

 

Long form article on school shootings, police dept scapegoating, training for active shooters, and the confusing time to be a police officer where public feedback wants deescalation in most scenarios, but expect military or warrior mentality training for school shootings responses.

Because cowardice is not an actual crime—courts have consistently ruled that police officers have no specific constitutional duty to protect citizens, except for those in their custody—Florida prosecutors argued that Peterson, in his job as a school resource officer, was a “caregiver” for the children at Stoneman Douglas. His trial would thus be an experiment in a new arena of police accountability: Can cops be criminally punished for failing to move toward gunfire?

Peterson had received only three specific active-shooter trainings, in 2007, 2012, and 2016. Although other courses had taught relevant or adjacent skills—“tactical pistol,” “combat life saver”—or had been lectures that focused on things like the history of mass shootings, Peterson had spent very little time learning how to do one of the most dangerous and complex tasks required of law enforcement: confront a shooter who has a semiautomatic rifle.

In one solo-response exercise, the script prompted instructors to say: “There is no reason to give up a good position of cover … Remember, the cavalry is on their way, so it’s better to hold, than to expose yourself to unknown threats.”

Over the past few years, the public has witnessed multiple distressing moments of baffling police behavior. All those cops standing, impotent, in the hallways of a Uvalde, Texas, elementary school while children were slaughtered. Cops killing Black motorists after traffic stops escalated needlessly. To policing experts, both problems fall under the same umbrella: improper use of force. Too little force, too much force—both lead to terrible outcomes.

Nobody is sure any longer what the job of policing is, Morgan told me, or how to weigh its different priorities. This squares with what cops have been telling me in recent years: It’s never been a more confusing time to be a police officer.

 

To have legitimacy, international justice must be applied fairly and evenly.

 

I've sometimes gotten confused switching between the web interface and sync app because the Sync app follows Reddit style with orange for upvote and blue for down, whereas Lemmy is blue for up and orange for down. But now I'm confused since there are 2 sync logos with different up/down colors. Will future release change the Sync colors to align with Lemmy style for up/down votes?

(also, undoing that down vote, just wanted to snap pic of the web ui!)

 

TL;DR NY Times predicts trump will remain on the ballet and the ruling will likely have a very narrow basis in hopes of achieving unanimous consensus from the court.

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