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Joined 1 year ago
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Cake day: July 16th, 2023

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  • It was always short sighted tax policy. We’re just living with the blowback.

    But in 1954, apparently intending to stimulate capital investment in manufacturing in order to counter a mild recession, Congress replaced the straight-line approach with “accelerated depreciation,” which enabled owners to take huge deductions in the early years of a project’s life. This, Hanchett says, “transformed real-estate development into a lucrative ‘tax shelter.’ An investor making a profit from rental of a new building usually avoided all taxes on that income, since the ‘loss’ from depreciation canceled it out. And when the depreciation exceeded profits from the building itself—as it virtually always did in early years—the investor could use the excess ‘loss’ to cut other income taxes.” With realestate values going up during the 1950s and ’60s, savvy investors “could build a structure, claim ‘losses’ for several years while enjoying tax-free income, then sell the project for more than they had originally invested.”

    Since the “accelerated depreciation” rule did not apply to renovation of existing buildings, investors “now looked away from established downtowns, where vacant land was scarce and new construction difficult,” Hanchett says. "Instead, they rushed to put their money into projects at the suburban fringe—especially into shopping centers.

    http://archive.wilsonquarterly.com/in-essence/why-america-got-malled




  • So, obviously, people don’t generally change their legal gender for an advantage somewhere. But if they do, that’s a pretty good sign, not that it’s too easy to change your gender, but that there’s a gender bias in the law.

    So arguably, the easier it is to change your legal gender, the less of a problem gender-based affirmative action is. Conservatives must love this! End liberal overreach in one easy step!


  • I think it’s clear he’s a fan of Apple and Tesla but he does make negative statements about them, the Cyber truck was not a positive review and he always criticized the fit and finish of Teslas. And he critiques Apple’s idiosyncracies like the proprietary charger and lack of calculator app on the iPad.

    I guess my point is that he’s not a journalist he’s a reviewer, we are tuning in for his judgement, his opinion. If he personally likes the products from a certain company, that’s not a bias that impacts his capacity to do his job well.

    Like movie reviewer giving Pixar a bunch of 10/10 reviews, and then criticizing Cars 2 as a mediocre cash grab. Maybe they are biased for Pixar, or maybe Pixar just puts out a lot of good movies. As long as you’re calling out the bad moves, that’s what we want from a reviewer.

    The fair concern is when he gets exclusive access like this, I don’t necessarily care about the puff piece interview but you hope it doesn’t influence his future reviews.









  • If you’re saying “you should not restrict ALL culture to rich people” then, we’re not. There is plenty of culture available for free on YouTube, or on broadcast TV channels, or FreeVee. And paying for one paid subscription doesn’t make you rich, $10/mo or whatever is an accessible price for a subset of digital media to a non-rich person. And those libraries are sufficiently large that you would not run out of material to watch even if you only had one service.

    If you’re saying “everyone should be provided literally all digital content for free at all times” that is a pretty extreme position which does sort of break the economics of any content being produced. Digital content would have to be plastered in way more ads or be government subsidized or something to have the money to make more of it. That’s not a political position I’d be on board with.

    If you just want the current system but with you being allowed to download the stuff you want to see on services you don’t pay for…again, there’s an argument for that, but let’s not pretend it’s some high minded one. It’s selfish. You probably have the money to pay for HBO Max for one month to watch the new Game of Thrones and the Barbie movie but you don’t want to pay money and it’s really easy not to.






  • Metric has been legally “preferred” in the US since 1975. We just don’t use it.

    Also while I was looking up that year I came across this wild factoid:

    In 1793, Thomas Jefferson requested artifacts from France that could be used to adopt the metric system in the United States, and Joseph Dombey was sent from France with a standard kilogram. Before reaching the United States, Dombey’s ship was blown off course by a storm and captured by pirates, and he died in captivity on Montserrat.