I know people making less than that but they are getting subsidies. It's people who are not poor enough for subsidies and not affluent that is getting squeezed
Hard agree. Cant even qualify for housing connect, medicaid, or food stamps - income tax credits (single / no kids / no property) - which are significant help to quality of life.
I'm outside of NYC, still in NY. As a single person, the 80% AGI limit is $49,000 here.
It's actually kind of painful to be barely above 100% AGI and not be able to get secure 'quality' housing up here. Everything that's being rehabilitated is focusing on low income (sub-80% AGI) limits, and everything else up here is... dire to rent. We have no real protections or anything in place up here, let alone an attempt to register rental properties that can go through without landlord revolt.
And tax credits - that was amazing when I filed my taxes through NY's direct file during the IRS pilot. I was given a "great news!" screen where it boasted that I qualified for exactly $0 for every single tax credit on offer because I couldn't own property or have a family.
Yes. People in the middle are always squeezed the hardest, and $125k is just the baseline and is below survival in NYC.
You have to cut on almost everything to keep most of that money every month. Might be fine for those without families, but for a typical family of 2 or 3 would need double that salary and employers will look at that cost and will scrutinize that and ask:
"How do we get that 'cost' (you) significantly reduced?"
That is even before talking about "AGI" which is actually an excuse for layoffs (and reposting old jobs at a lower salary and off shoring those jobs) in disguise.
So it is more like the middle-class and especially families are getting squeezed the most in NYC and have no choice but to leave the US.
> Or like. Don’t live in the 2nd most expensive city in the country?
Well... multiple things here.
If you're in, say, finance, you can't just go and move to some flyover state and work remotely. You need to be around NYC (US), LON (UK) or FRA (EU).
If you work some service job, say you work retail, okay. But... imagine what happens to NYC when all the people doing the menial work keeping the city alive (have to) move away? Whoops, now everyone is going to drown in trash and feces!
It is vitally important for any city to have enough adequate housing for all levels of income, otherwise it falls apart.
I can't find the reference, but I saw a comment recently along the lines of, "If you live in a city where the people who provide you with services can't also afford to live in that city, you don't live in a city, you live in an amusement park."
If you're in finance, you earn enough to live in NYC
> imagine what happens to NYC when all the people doing the menial work keeping the city alive (have to) move away? Whoops, now everyone is going to drown in trash and feces!
That's not a "the poor middle class folks in NYC need help" story, that's a "the rich folks of NYC need folks to serve them" story. They're welcome to strategize however they like to incentivize people working there. Manipulative heartstring tug are not welcome however.
> But... imagine what happens to NYC when all the people doing the menial work keeping the city alive (have to) move away? Whoops, now everyone is going to drown in trash and feces!
Maybe after they have to look at piles of trash everywhere, the employers (I'm guessing that would be the city) will learn to pay them what they are worth.
Sure, there are lots of other places to live in the US that are cheaper. But if you want to live in a true major urban city, the US has managed to produce exactly one of those, with maybe an argument for Chicago followed by a few very distant also rans, despite our size and wealth and the obvious appeal to many people.
As a result, NYC like living is basically out of reach for the majority of the people who might otherwise want it. Nothing against Indiana, but if what you're looking for is bustling megalopolis living, I don't think Indianapolis is going to cut it. And your choices in the US aside from NYC are very limited.
I dated someone in one of these families for a very long time, so I'm pretty sure I do know how that family system and the surrounding community operates. This sort of "family commune" living arrangement is very common in lower-income communities with family-oriented cultures (eg working-class hispanic, italian, african american communities), and the tax code amplifies its effectiveness.
I would think HP or Dell could buy this but given what they did it would require to much. The company should die and the employees that contributed to this should be in jail..
> On Thursday, the Justice Department announced it had indicted 71-year-old co-founder Wally Liaw, along with a Supermicro sales manager in Taiwan, Ruei-Tsang "Steven" Chang, and a contractor Ting-Wei "Willy" Sun for conspiring to smuggle the GPUs starting in 2024.
> Prosecutors allege that Mr Liaw used brokers to order servers containing advanced Nvidia chips on behalf of a “pass-through” entity in South-East Asia; many were assembled in America and shipped to that entity, then repackaged in unmarked boxes and sent on to China. To fool customs inspectors, those involved allegedly created thousands of “dummy” servers to sit in the warehouses where the buyer claimed to store the equipment.
It's not at all a similar analogy, and you know it. China is a threat. I assume you personally don't care about it, but it is in our interests that it does not dominate the AI industry.
China is a threat, if you live in Taiwan. They lack the ability to project force any further than that. You pin down IR guys on this issue they eventually relent and suggest actually the biggest issue with China is that their claimed zone of control includes a lot of ocean trade routes. But honestly, Xi has been better for international trade than any US admin in the last 15 years, I don't see them doing anything but protecting it. They are like 100 times less threatening than the USA, and that was before president tantrum, who has acted (quite recently) to destabilize global trade.
Unless you think there is some reason why those running that same federal government are free to commit any type of federal crimes they wish with no repercussions...
Your assertion is that we should stop enforcing all laws?
Or only this specific crime? Why this crime, and not others? If it's because you don't "like" this law, then aren't you Mr Double Standards, not I? Aren't I saying "it's a law, enforce it" and aren't you saying "We need a separate standard for laws I personally don't like"?
Are you traveling around the country, uttering this at all court actions? Or do you just lambast random people on the internet, for random laws?
I'm not interested in your country's weird left/right, team player, inane politics. Injecting politics into every conversation is literally what's wrong with your country.
No, laws should be imposed top to bottom. If those at the top who are making the laws can do absolutely anything with no repercussions while everyone else is punished that severely decreases the trust anyone has in the system and weakens it long-term.
Also an extreme misallocation of resources, maybe you should not prioritize the people who are.
> then aren't you Mr Double Standards, not I? Aren't I saying "it's a law, enforce it" and aren't you saying
Nope, rather just not impose it arbitrarily and only punish the people who haven't paid off the right set of politicians.
The Chinese already have a 125e Small Modular PWR that would be excellent for small islands like those of the Caribbean. It is the Linglong-1 [0]. I believe the first one cost 800 million dollars. It will be interesting to see the price reductions as it goes into serial ptoduction.
I'd be willing to bet that Canada takes in more than enough tax payer dollars to cover the expense of this critical service. I'd even be willing to bet that there's more than enough tax payer money just in waste and fraud to cover the expense if somebody cared to dig into the finances and government contracts to track it down. The idea of cutting this service as a cost savings measure is laughable.
https://www.npr.org/sections/planet-money/2025/06/17/g-s1-72...
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