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Joined 2 years ago
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Cake day: July 29th, 2023

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  • That’s exactly how it works, well other than me having the dates off as the Boomers weren’t even born when Social Security was enacted by FDR. When Social Security was enacted, retirees started receiving benefits even if they never paid into the system, which was paid for by the current workers who were paying into the system. It’s been like that ever since. Social Security is also not a pension.

    You are correct that for most people would be better off investing their Social Security taxes into a hedge fund but workers don’t really have a choice in the matter.


  • That’s not how Social Security works. The money the Boomers paid into the system went to paying benefits for the previous generations. The benefits the Boomers (at least the ones that have retired) are getting now is being paid by the workers in the younger generations. While it’s true the program has run a surplus, if the young taxpayers stopped paying into the system that surplus wouldn’t last very long.





  • My experience is an MBA from a T10 school is just as useless. On top of that, they think they should be paid more because of the school they went to.

    The sad thing, some of the material in an MBA program can actually be useful. It’s just the type of people who enroll in these programs aren’t the type to actually learn it and will just coast through doing the bare minimum. Or I suppose today, using AI to cheat. This is even more so for the people who think that the key to success is having a big name school on their resume. If anything, I’d put more weight on an MBA from no-name state U than T10 school. Which still isn’t much, but anyway.





  • The article is about what to do with all the actual physical coins. I would assume the treasury will start gathering them and scrapping them. The old copper coins can be recycled easy enough as there’s plenty of demand for copper, but I have no idea what they’ll do with all the zinc (copper plated) coins. Apparently they don’t know either as there isn’t any plan in place.

    Supposedly when the mint decided to start pulling the 1943 steel cents from circulation years ago they ended up dumping a bunch of them in the ocean to get rid of them. Some people consider that an urban legend but perhaps that could happen.





  • If I had to build such a system, instead of a few satellites with really big mirrors I’d instead have a massive number of small satellites with smaller mirrors. Obviously then any area I’d want to light up, I’d have to hit with a number of the satellites - probably dozens at least or even hundreds of them for decent sized area. That would at least alleviate a few of the problems - aiming would be easier. As satellites move out of range new satellites would be moving in range. Long shadows from the angle of satellite near the edge of their range wouldn’t be as much of a problem as I’d be hitting any spot from a variety of angles. That the satellites would be useless for about 75% of their orbit I could make up for by launching even more satellites.

    Of course, it would still be hugely impractical and there would still be major limitations. I’m still not sure how you could manage the aiming - the satellites would have to be continuously adjusting their aim to track their target. Reaction wheels can only do so much and using thrusters you’d burn through propellant like crazy. Launching the required array of satellites would be outrageously expensive and you’d need thousands of them. Eventually something would go wrong - you’d have a collision or one would break up and you’d Kessler yourself right out of business.






  • SD cards. They won’t be completely gone, but will probably be regulated to pro cameras and a few niche applications. As storage goes, hard drives outside of data centers. Right now they are still hanging in there as cheap external storage for things like backups, but in 10 years they’ll probably be gone in that application.

    Fluorescent lighting. Granted it’s already on the way out, but in 10 years you may have trouble finding bulbs and your only options for an old fluorescent fixture will be either to replace it or an LED retrofit kit. Possibly the same thing will apply to sodium vapor lighting.

    Manual transmissions. While the internal combustion engine will probably still be hanging in there, my guess will be finding a new car with more than 2 pedals might be a challenge.