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CEOs

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  • D Offline
    D Offline
    David ONeil
    wrote on last edited by
    #1

    An interesting write up about CEOs: [Elon Musk's Twitter Takeover Proves the Modern CEO Job Is Broken](https://www.businessinsider.com/elon-musk-twitter-tesla-ceo-job-broken-chief-hypocrisy-officer-2022-11)

    Our Forgotten Astronomy | Object Oriented Programming with C++ | Wordle solver

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    • D David ONeil

      An interesting write up about CEOs: [Elon Musk's Twitter Takeover Proves the Modern CEO Job Is Broken](https://www.businessinsider.com/elon-musk-twitter-tesla-ceo-job-broken-chief-hypocrisy-officer-2022-11)

      Our Forgotten Astronomy | Object Oriented Programming with C++ | Wordle solver

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      honey the codewitch
      wrote on last edited by
      #2

      If Elon is shutting down Twitter because he is afraid of some disgruntled employee sabotaging it isn't he effectively acting as the disgruntled saboteur he's worried about? :laugh: It just keeps getting better. I mean, I feel bad for the employees, but everyone keeps saying how smart this guy is. I just don't see it. He's probably not entirely stupid in every situation, but he's no genius either.

      To err is human. Fortune favors the monsters.

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      • H honey the codewitch

        If Elon is shutting down Twitter because he is afraid of some disgruntled employee sabotaging it isn't he effectively acting as the disgruntled saboteur he's worried about? :laugh: It just keeps getting better. I mean, I feel bad for the employees, but everyone keeps saying how smart this guy is. I just don't see it. He's probably not entirely stupid in every situation, but he's no genius either.

        To err is human. Fortune favors the monsters.

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        D Offline
        David ONeil
        wrote on last edited by
        #3

        The more I've studied, the more convinced I've become that we've allowed our bullies to lead us.

        Our Forgotten Astronomy | Object Oriented Programming with C++ | Wordle solver

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        • D David ONeil

          The more I've studied, the more convinced I've become that we've allowed our bullies to lead us.

          Our Forgotten Astronomy | Object Oriented Programming with C++ | Wordle solver

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          honey the codewitch
          wrote on last edited by
          #4

          I mean, meet the new boss, same as the old boss, right? It's kind of how we've always done things. Although what I think is different, at least in my life time, is the aristocracy of wealth. They didn't have that in the US in the 1950s. Heck, up through the 1970s a single earner household could eke out a middle class existence, with children! Well, we all know what happened to that. Worker productivity has increased every year since then, and the wealthy are the only ones who have gained from it, according to the data. So it doesn't really surprise me that we've approached a new gilded age. What was kind of surprising is the rise of people with more money than sense. It seems since we've given the aristocracy the keys to the kingdom, they'll let any old billionaire run things. And I think that's what they're seeing. Hi Elon. Look what the cat dragged in.

          To err is human. Fortune favors the monsters.

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          • H honey the codewitch

            I mean, meet the new boss, same as the old boss, right? It's kind of how we've always done things. Although what I think is different, at least in my life time, is the aristocracy of wealth. They didn't have that in the US in the 1950s. Heck, up through the 1970s a single earner household could eke out a middle class existence, with children! Well, we all know what happened to that. Worker productivity has increased every year since then, and the wealthy are the only ones who have gained from it, according to the data. So it doesn't really surprise me that we've approached a new gilded age. What was kind of surprising is the rise of people with more money than sense. It seems since we've given the aristocracy the keys to the kingdom, they'll let any old billionaire run things. And I think that's what they're seeing. Hi Elon. Look what the cat dragged in.

            To err is human. Fortune favors the monsters.

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            Nelek
            wrote on last edited by
            #5

            honey the codewitch wrote:

            Heck, up through the 1970s a single earner household could eke out a middle class existence, with children!

            I am not that old and I can still remember that as a child, so I would say up to mid or end 80s

            M.D.V. ;) If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about? Help me to understand what I'm saying, and I'll explain it better to you Rating helpful answers is nice, but saying thanks can be even nicer.

            H 1 Reply Last reply
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            • H honey the codewitch

              If Elon is shutting down Twitter because he is afraid of some disgruntled employee sabotaging it isn't he effectively acting as the disgruntled saboteur he's worried about? :laugh: It just keeps getting better. I mean, I feel bad for the employees, but everyone keeps saying how smart this guy is. I just don't see it. He's probably not entirely stupid in every situation, but he's no genius either.

              To err is human. Fortune favors the monsters.

              D Offline
              D Offline
              David ONeil
              wrote on last edited by
              #6

              Holy Bejeezus! [Twitter’s San Francisco headquarters tonight. : PublicFreakout](https://www.reddit.com/r/PublicFreakout/comments/yy8zsx/twitters\_san\_francisco\_headquarters\_tonight/) Edit: it just keeps getting crazier: [Panicked Elon Musk Reportedly Begging Engineers Not to Leave](https://futurism.com/panicked-elon-musk-begging-engineers-not-to-leave) And it is closed for the weekend... Damn rabbit hole: [https://twitter.com/capitolhunters/status/1593307541932474368?s=46&t=zub9GTf6Am9E5lS17DhyPQ\](https://twitter.com/capitolhunters/status/1593307541932474368?s=46&t=zub9GTf6Am9E5lS17DhyPQ)

              Our Forgotten Astronomy | Object Oriented Programming with C++ | Wordle solver

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              • N Nelek

                honey the codewitch wrote:

                Heck, up through the 1970s a single earner household could eke out a middle class existence, with children!

                I am not that old and I can still remember that as a child, so I would say up to mid or end 80s

                M.D.V. ;) If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about? Help me to understand what I'm saying, and I'll explain it better to you Rating helpful answers is nice, but saying thanks can be even nicer.

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                H Offline
                honey the codewitch
                wrote on last edited by
                #7

                Frankly, at least in the US, I am sure you are either misremembering, or your earner had a better job than most.

                To err is human. Fortune favors the monsters.

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                • H honey the codewitch

                  Frankly, at least in the US, I am sure you are either misremembering, or your earner had a better job than most.

                  To err is human. Fortune favors the monsters.

                  D Offline
                  D Offline
                  dandy72
                  wrote on last edited by
                  #8

                  honey the codewitch wrote:

                  Frankly, at least in the US, I am sure you are either misremembering, or your earner had a better job than most.

                  Agreed. I've seen graphs that show just that, and the curve simply stops its upwards trend in the 70s. And not just one, but from many discussions on this topic. I have no problem sticking by that claim. What one remembers is entirely irrelevant, especially when you trace back to before even being alive.

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                  • D dandy72

                    honey the codewitch wrote:

                    Frankly, at least in the US, I am sure you are either misremembering, or your earner had a better job than most.

                    Agreed. I've seen graphs that show just that, and the curve simply stops its upwards trend in the 70s. And not just one, but from many discussions on this topic. I have no problem sticking by that claim. What one remembers is entirely irrelevant, especially when you trace back to before even being alive.

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                    D Offline
                    DRHuff
                    wrote on last edited by
                    #9

                    Most of those curves end their upward climb when Nixon dropped the gold standard and fiat currency became all the rage. That and the huge growth of government and regulation.

                    If you can't laugh at yourself - ask me and I will do it for you.

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                    • D DRHuff

                      Most of those curves end their upward climb when Nixon dropped the gold standard and fiat currency became all the rage. That and the huge growth of government and regulation.

                      If you can't laugh at yourself - ask me and I will do it for you.

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                      H Offline
                      honey the codewitch
                      wrote on last edited by
                      #10

                      The graphs typically start diverging at 1979, and that's right around when Reagan took office, just after Carter.

                      To err is human. Fortune favors the monsters.

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                      • H honey the codewitch

                        The graphs typically start diverging at 1979, and that's right around when Reagan took office, just after Carter.

                        To err is human. Fortune favors the monsters.

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                        F Offline
                        fgs1963
                        wrote on last edited by
                        #11

                        Err... no. Reagan was inaugurated in January 1981. So 1979 was square in the middle of Carter's reign of terror.

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                        • F fgs1963

                          Err... no. Reagan was inaugurated in January 1981. So 1979 was square in the middle of Carter's reign of terror.

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                          honey the codewitch
                          wrote on last edited by
                          #12

                          I said around the time. I was approximating. Besides, either way nothing Reagan did was enacted at that point. However, he did continue the neoliberal economic policies of the time. And so did Clinton and Bush. Anyway, it certainly had nothing to do with gold standard or regulations. A common myth dreamt up by people with too much money, when the reality is that regulations and progressive taxation is precisely what Adam Smith prescribed in The Wealth of Nations to prevent the kind of wealth concentration we see today. The matter was settled a long time ago. The rest is just chin music.

                          To err is human. Fortune favors the monsters.

                          F N 2 Replies Last reply
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                          • H honey the codewitch

                            I said around the time. I was approximating. Besides, either way nothing Reagan did was enacted at that point. However, he did continue the neoliberal economic policies of the time. And so did Clinton and Bush. Anyway, it certainly had nothing to do with gold standard or regulations. A common myth dreamt up by people with too much money, when the reality is that regulations and progressive taxation is precisely what Adam Smith prescribed in The Wealth of Nations to prevent the kind of wealth concentration we see today. The matter was settled a long time ago. The rest is just chin music.

                            To err is human. Fortune favors the monsters.

                            F Offline
                            F Offline
                            fgs1963
                            wrote on last edited by
                            #13

                            America specifically and western society generally are more highly regulated and taxed (progressively) than at any time in our history. Blaming the concentration of wealth on some mythical lack of progressive ideals is a farce. I'd more likely blame the welfare state created by Kennedy & LBJ. I recommend reading some Thomas Sowell[^] for the details. His life story gives him one hell of an insight.

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                            • F fgs1963

                              America specifically and western society generally are more highly regulated and taxed (progressively) than at any time in our history. Blaming the concentration of wealth on some mythical lack of progressive ideals is a farce. I'd more likely blame the welfare state created by Kennedy & LBJ. I recommend reading some Thomas Sowell[^] for the details. His life story gives him one hell of an insight.

                              H Offline
                              H Offline
                              honey the codewitch
                              wrote on last edited by
                              #14

                              Nothing to do with progressive ideals. It has to do with progressive taxation, like I said. That's an entirely different thing. And I'll continue to take Adam Smith's wisdom over some randos on the Internet, but thanks. Thomas Sowell is a clown. He's a stupid man's idea of what a smart man sounds like. That's all I have to say on this subject.

                              To err is human. Fortune favors the monsters.

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                              • H honey the codewitch

                                Nothing to do with progressive ideals. It has to do with progressive taxation, like I said. That's an entirely different thing. And I'll continue to take Adam Smith's wisdom over some randos on the Internet, but thanks. Thomas Sowell is a clown. He's a stupid man's idea of what a smart man sounds like. That's all I have to say on this subject.

                                To err is human. Fortune favors the monsters.

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                                F Offline
                                fgs1963
                                wrote on last edited by
                                #15

                                Good grief...

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                                • H honey the codewitch

                                  Frankly, at least in the US, I am sure you are either misremembering, or your earner had a better job than most.

                                  To err is human. Fortune favors the monsters.

                                  N Offline
                                  N Offline
                                  Nelek
                                  wrote on last edited by
                                  #16

                                  I come from Spain. A lot of kids in my age had only a working father (me too). And all of those families had enough to live without troubles. Today... those kids have grown and had families on their own (as me), mostly working both of the parents and they can survive and barely make it through the year but far away of the life they had as kids. Granted... there is a lot about economical education, lifestyle and many other factors. But still, adquisitive power has been drastically reduced in 30 years.

                                  M.D.V. ;) If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about? Help me to understand what I'm saying, and I'll explain it better to you Rating helpful answers is nice, but saying thanks can be even nicer.

                                  1 Reply Last reply
                                  0
                                  • H honey the codewitch

                                    I said around the time. I was approximating. Besides, either way nothing Reagan did was enacted at that point. However, he did continue the neoliberal economic policies of the time. And so did Clinton and Bush. Anyway, it certainly had nothing to do with gold standard or regulations. A common myth dreamt up by people with too much money, when the reality is that regulations and progressive taxation is precisely what Adam Smith prescribed in The Wealth of Nations to prevent the kind of wealth concentration we see today. The matter was settled a long time ago. The rest is just chin music.

                                    To err is human. Fortune favors the monsters.

                                    N Offline
                                    N Offline
                                    Nelek
                                    wrote on last edited by
                                    #17

                                    honey the codewitch wrote:

                                    Anyway, it certainly had nothing to do with gold standard or regulations.

                                    If that "gold standard" means that governments had to back up their money with assets (gold in this case)... I think yes, that really is a factor (if not THE factor). I don't know nor care who started it. But in my opinion that was the first big step and the inflection point into the mess we have today.

                                    M.D.V. ;) If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about? Help me to understand what I'm saying, and I'll explain it better to you Rating helpful answers is nice, but saying thanks can be even nicer.

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