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Joined 1 year ago
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Cake day: June 14th, 2023

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  • No. In the US at least, wages are up for blue collar work, and that’s where the economy was most vulnerable. Inflation has been bad but it’s coming back under control and wages can outpace it in the next couple years, median wage growth already has (yes I have a hard time believing this too, but that’s the numbers).

    The last financial crisis had a flagrant cause in default-prone loans. There isn’t such a problem right now.

    The largest crisis we are running into is a crisis of propaganda, where people are being told “everything is terrible” when in fact the numbers show that everything is pretty great… except for white collar tech workers (me!).

    I think the tech market will rebound the second that the fed lowers rates again, because tech is fundamentally capital intensive and speculative. So you need cheap money to fuel tech. Video games deflated/corrected a bit but that’s fine, those people can work on other things.











  • Boy do I ever disagree with this.

    For big projects, with multiple people and man-years of work, sure. Don’t start from scratch. But in my humble opinion, those projects shouldn’t really exist. Instead they should be atomic, made up of small page-length units which individually can be scraped and rebuilt.

    For small projects, rewriting is often superb. It allows us to reorganize a mess, apply new knowledge, add neat features and doodads, etc.