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Joined 2 years ago
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Cake day: July 8th, 2023

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  • Great article, brave and correct. Good luck getting the same leaders who blindly believe in a magical trend for this or next quarters numbers; they don’t care about things a year away let alone 10.

    I work in HR and was stuck by the parallel between management jobs being gutted by major corps starting in the 80s and 90s during “downsizing” who either never replaced them or offshore them. They had the Big 4 telling them it was the future of business. Know who is now providing consultation to them on why they have poor ops, processes, high turnover, etc? Take $ on the way in, and the way out. AI is just the next in long line of smart people pretending they know your business while you abdicate knowing your business or employees.

    Hope leaders can be a bit braver and wiser this go 'round so we don’t get to a cliffs edge in software.









  • The first piece of legislation passed by the newly formed California government was the “Chinese Exclusion Act” which among other things,

    “prohibiting all immigration of Chinese laborers for 10 years… The Act also denied Chinese residents already in the US the ability to become citizens and Chinese people traveling in or out of the country were required to carry a certificate identifying their status or risk deportation. It was the first major US law implemented to prevent all members of a specific national group from immigrating to the United States, and therefore helped shape twentieth-century immigration policy.”

    Let’s not just limit it to native Americans and Californios(native Mexicans who lived in California before it was stolen), that racist core of the US has been there since day 1. A contributing factor to a lot of the westward migration in the US was that “lower ladder” white immigrant national groups like the Irish, Italian and others who were bottom rung on the east coast could move West and finally have someone further down the ladder to kick.

    This is one of the sustaining reasons for racism in general used to manipulate groups who feel tenuous control and power in a society; give them a line about an “other” group, tell them they’re better than that group and wham, you have folks ready to kill to preserve their perception of a precious advantage in society–when of course in reality they’re no better and in fact worse off as the weak fall or rise together.

    If you are interested in learning more, the history of California is incredibly useful as a proxy to understand why certain legislation, perceptions and other things still alive in the US that propagate racism exist. Look at immigration quotas the US sets for different nations for example; much, much higher in predominantly white, western European nations while Asia (see California influence), despite MUCH larger populations are allowed lower numbers of immigrants/refugees, visas, etc.









  • You’ll note they always use “average”(mean) rather than median savings/assets to mask that it’s really a small portion of boomers that are living the easy life. Still better off as a whole than later gens but to your point, no warfare but class warfare. I read a recent book , “work, retire, repeat” looking at the life crisis that has been built with insecurity and poverty driving most people, regardless of age to work too much and work until they die. Your point is the best one; billionaires and their lobbyists and owned politicians are the real problem.

    There are many boomers with nothing, who did not have or get a pension, who didn’t or couldn’t accumulate wealth through housing, who may not have gone to college because (and the article leaves this out) they didn’t even need a degree to move up. The book mentioned above calls out that only 8% of people working past 62 are doing it because they really want to be and have a job they enjoy. Many are still working for healthcare, to service debt, concerns of future unknown/instability/inflation, social security being threatened, and also it notes they many keep working because they have kids or other dependents they see struggling in a tougher world and want to help/ensure they aren’t another burden.

    I’m not a boomer or discounting the relative advantages they had, but it’s the concentration of wealth to the owner class/.5% that are by far the issue not an age group.