@asymmetricinfo What Matt and the rest of the "borrow now since interest rates are so low" crowd didn't realize 5-17 years ago is that debt has to get rolled over eventually, and the bond market reacts much more quickly than fiscal policy.
@scottlincicome Less a difference in generation, more a difference between having kids in your early 20s and having kids in your late 30s.
Having kids when you’re broke teaches kids that there’s a phase in life when you’re supposed to be broke.
@TPCarney Google calendar.
Set up a gmail account for each car. Kids send appointment requests, you accept or reject each calendar invite. Kids have view access to each car's calendar.
@mattyglesias Congress could start by requiring providers to publish rates for common procedures on their websites, and prohibit providers from charging un-insured consumers any price higher than their lowest negotiated price with insurers.
@mattyglesias They want you to think that more price transparency and less 3rd-party payment results in a lower unit price for some care, and they are correct.
Different providers quoted prices from $1200 to $5400 for a recent procedure (have a HDHP and am below deductible).
@KFILE OTOH, the more insider trading happens on prediction markets, the better they are at predicting.
Assume these kinds of markets are like a poker table: if you don't know who the mark is, it's probably you.
@enL3X1@bendreyfuss 4-way stops are far worse for throughput, and a lot of signal-controlled intersections only really need to be signal-controlled a few hours per day.
@mattyglesias In practice, these schemes are rife with corruption and cronyism. Brazil has a similar fund. 8% of salary goes into this fund, which earns below market interest so the government can make subsidized loans to politically connected or favored interests.
@mattyglesias Contrarian take: heavy gerrymanders result in the favored party having more seats at slimmer margins, which should incentivize parties to nominate more moderate candidates.
It's D/R +25 seats that result in the fringiest candidates.
@neontaster@AGHamilton29 These are extreme cases, but upper middle class parents having children in their late 30s/early 40s means the kids never see financial hardship. It's natural and normal to be broke in your 20s, but these kids perceive it as downward mobility.