When I did van life for a while my hotspot was FBI Surveilled Van.
Albuquerque has a major street named Juan Tabo and every time I drove past I wondered who that was, after a dozen times I finally remembered to look it up when I got home and found out that it was just some non-noteworthy guy lost to time. Network became 'discount Juan Tabo lookalike'.
Oh yeah, at my current laundromat there are like 6 networks pretending to be the laundromat's free wifi for the sake of confusion.
I used to think this until one day I looked at a local shelters available dogs online and they were literally all pitbulls and other fighting dogs. Granted I was living in a shithole at the time but if your only options are no dog, dog that is at least 25% descended from something bred to be violent, and paying somebody who seems to not be 100% evil for a poodle I'm at least sympathetic to the third option now.
So a few things. Since we're in the weeds at this point I want to remind us both that the original point was that a millionaire and a billionaire both have the same general relationship to living and labor which is 'they don't have to worry about selling their labor to have their basic needs met'. This is still true. I was also talking in terms of individual wealth not household wealth but the figures aren't really that different because housing is such a large share of expenses.
The retirement scenario you're describing is a very comfortable one. 3% is a conservative drawdown, 3.5% is considered safe, and higher is typical if you can be flexible in spending. Retired households do not have the expenses associated with commuting and most do not have the expenses of childcare. Being able to afford living near employment centers is a luxury for a retired household, not a need. So a retired household with the income of a median working age household is doing quite well.
That's fine to want to retire moderately well off but once your income is based on rents from capital your class interests are not aligned with the working class.
Oh now that you bring that up you're right. Not wanting to take a 1 hour transit trip or drive for 30 minutes a few times a week is actually the same as needing to sell your labor in order to have food and healthcare.
Owning a house in a HCOL area is one of the luxuries I was talking about. Any million dollar asset is a luxury.
There is a fundamental difference between working to survive and working because you don't want to move out of your NYC brownstone or further from lake como or whatever the fuck.
Boohoo the millionaire can't afford all the luxuries they want. How will they make the payments on their BMW this month, they might have to switch to weekly tennis lessons instead of 3x weekly.
A million is easily enough to live a comfortable life and never work again. If they 'struggle to make ends meet' they are bad at budgeting. They are not working class, they do not need to work. Maybe they work because they want to live in a HCOL area and have extra luxuries but anybody with a million dollars worth of assets can stop working any time they feel like it.
Especially any multi-millionaire is distinctly bourgeois.
Wow, it sure is popping. Nvidia is only down about 0.25% compared to a month ago. Lets keep this week's pace of pullback going for a few more weeks and maybe then we can talk about a pop. The bubble is so absurd that 800 billion is relatively not even that much in percentage terms.
I looked up the tax in question and I struggle to believe anyone was seriously pretending it would cause capital flight. It's an extra 4% on income over a million. That's just adding a modest tax bracket. At first glance I assumed this was a state level wealth tax.
I was ready to play devil's advocate because right now petit bourgeois consumer spending is the only thing propping up the US economy and you really don't want to fuck with that. But come on man. 'Millionaire' normally refers to total wealth not annual income. This income bracket wont even notice this.
It's so funny that the libs are downvoting this. So much for the 'you have to look past her flaws for now, she's our only chance against Trump' rhetoric.
The campaign is over. She lost. What's the excuse for still supporting her now?
Blue MAGA are doing their best to live up to the epithet. It was never about ideology or morality. Kamala is OUR TEAM and OUR TEAM GOOD.
I almost said computer but realized that couldn't be assumed. Fine, a phone is closer to a necessity.
There is still basically no difference between this and any other hobby that involves something manufactured by people in poor countries other than proximity to the people doing the labor. You are just mad that people who have either a bit or a lot more money for their hobbies have a hobby that doesn't appeal to you personally.
For a second I thought this was the kitchen in one of my previous apartments. Is it that common for shitty apartments to not have drawer pulls on the cabinets?
Cops are weird, it's a mix of 'this our turf, you wanted to come in here so FAFO', laziness, a vague sense of duty directed at ???, and some eclectic variety of incoherent personal politics that separates the feds into the camp of 'other' at least temporarily.
When I did van life for a while my hotspot was FBI Surveilled Van.
Albuquerque has a major street named Juan Tabo and every time I drove past I wondered who that was, after a dozen times I finally remembered to look it up when I got home and found out that it was just some non-noteworthy guy lost to time. Network became 'discount Juan Tabo lookalike'.
Oh yeah, at my current laundromat there are like 6 networks pretending to be the laundromat's free wifi for the sake of confusion.