More likely they're seen as vulnerable demographic or unwelcome in certain neighborhoods. The people perpetrating these crimes are not the sort of people tracking the US-China relations.
Typical office leases are 3-5 years. This is just the tip of the iceberg. So far <20% have been up for renewal since the pandemic started, and even fewer since it became clear that things were not going back to normal within a few months.
> This is a great article around why "corporate welfare" rarely works out.
Any data to back this up? It's generally accepted that subsidies are effective in many cases (see corona virus stimulus packages).
This Foxconn deal was poorly thought out and horribly mismanaged, but it doesn't sound like Foxconn lined their pockets with taxpayer money. The subsidies encouraged them to take a chance, and it didn't work out - spectacularly.
Wearing masks won't make this end any sooner. Reducing transmission rates flattens the curve meaning smaller spikes but likely longer presence of corona virus.
And their trades are typically scheduled in advance and public. Their job and fiduciary duty is to maximize shareholder value, and they make decisions so that happens. If that means allocating $ and rewarding people that will attain that goal, then what should be considered illegal?
How much would you be willing to pay for a comparable headset without a required facebook account.
Clearly FB is planning to extract value from this, and is why they can price this at just $299. They're betting customers will give up some data/privacy for that low price.
Interesting point. Anecdotally I had a brown friend walk out of my house in SF late one night, walk to the end of the block, and then get detained by police for supposedly stalking/threatening a women. Would have been trivial to prove they had the wrong guy if there were cameras readily available.
The argument that "if you don't like it, you can go elsewhere" has been shown to work extraordinarily well when it comes to businesses choosing to go elsewhere rather than serve high crime neighborhoods. In fact it's a big part of why people from those neighborhoods lack opportunity.
...which is fine and well within their rights. Businesses don't have to offer people any services if those people don't want to follow their rules. Under federal anti-discrimination laws, businesses can refuse service to any person for any reason, unless the business is discriminating against a protected class.
This will put a lot of smaller/indie movies out of contention. Particularly from non-minority foreign countries. Meanwhile, recent best picture winners were rather homogeneous: Parasite Won in 2019. Moonlight in 2017.
> Undermining trust in society is an enormous problem. The whole reason the west was successful is because people can go about their day without having to worry about nominal costs of corruption in day to day life.
Not worrying about the nominal cost of corruption is not the whole reason the west was successful. There are countless of arguments from both sides of the aisle that would show that to be untrue (capitalism, democracy, reward for innovation, acceptance of immigrants, pillaging land/resources, exploiting slaves, etc). The US has always had plenty of corruption so arguing that a lack of it is what made the west successful is difficult to justify.
> Eventually, you end up like a third world country where you expect to pay a bribe or know someone to get anything done.
There are laws today that prohibit bribery of police officers and they are enforced. Not sure this slippery slope type of argument holds water in the face of that.
Is there evidence that this is big enough problem that it warrants a major party to take it up as a major part of their platform? Against a backdrop of climate change, disease, the economy, and so on. To share a perspective that many on the right have, this seems like a problem but one that gets far more attention than it deserves because it elicits strong emotions, riles up voters, etc.
Example: Hillary Ronin is the supervisor for the mission. An area that was historically lower income minorities, now being displaced, in part due to a lack of housing units. She has fought for years to stop the construction of buildings that would add both affordable units and market rate units.
"Ronen fought to prevent the construction of a 75-unit building on the site of a laundromat. She argued that an environmental review of the building did not consider the impact of a shadow on a nearby schoolyard, even though an environmental review conducted by officials at the San Francisco Planning Department showed that the new construction, including its shadow, would not have an adverse impact on children at the schoolyard.]"
https://en.wikipedia.org/wiki/Hillary_Ronen
I think you're right and we may be saying the same thing. Certainly most people consider cost vs quality of life. In SF this is particularly true for the younger people that are leaving. They just move back in with their parents, stop paying rent, and maybe will come back if/when things reopen.
My point was about the other group that is leaving: more established professionals / homeowners / parents. For that group, saving on housing in the short terms isn't actually a major factor. Many are likely moving to other expensive places. The main thing keeping them in SF was their offices, professional network, or their children. In other words they were in SF despite the declining quality of life. With those constraints gone, they are leavings en mass as well.
The 36% US rate doesn't include Payroll Tax, Social Security, or healthcare (premiums paid by both employer and employee, additional out of pocket by employee). The 48% France rate doesn't include Employer Social Security Contribution - which is significant but includes a pension etc. In essence a person making 211k Euro is getting paid a lot more than someone making $250k USD because of that pension alone (i.e. its more like someone making ~$280k USD, which would be a US combined rate of more like 40%, before payroll tax, etc etc)
401k is not tax free, it's tax deferred. You still pay tax, just when you cash out.
The rate is exceptionally high for earners making a fraction of that. Responses in caps.
- 37% federal requires $510k income (after $12k personal exemption and probably $20k retirement savings). YES BUT ITS 35% ABOVE $207k
- 13.3% state in California requires $1M income. YES BUT IT'S 9.3% ABOVE $57k, and 10.3% ABOVE $295k
- Social security is included in FICA and does not count towards the marginal rate for high earners (you pay no social security tax on income above $137k). THERE IS NO CAP ON THE EMPLOYEE PORTION MEDICARE TAX. PLUS NOT ALL OF THEM ARE IN FICA. THERE ARE BOTH FEDERAL (IN FICA) AND STATE INSURANCE TAXES IN CALIFORNIA FOR EXAMPLE.
- Local taxes? SF HAS A PAYROLL TAX OF 1.5% FOR EXAMPLE.