MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘high-tech’

EconomicPolicyJournal.com: San Francisco Tech Firm Paying Employees $20,000 If They Leave San Francisco

Posted by M. C. on September 27, 2020

https://www.economicpolicyjournal.com/2020/09/san-francisco-tech-firm-paying.html

This is how crazy it is getting for big lefty cities.

The San Francisco-based high-tech payments company Stripe is offering employees a one-time cash payment of $20,000 if they leave San Francisco, Seattle or New York, reports The San Francisco Business Times.

Firms such as Stripe have begun to realize that it is extremely expensive to have a large office presence in these lefty cities where local taxes are sure to spike and it is expensive to compete for employees 

The mad lockdowns instituted by the local governments in these cities ended up teaching these firms that it is not necessary to have employees all located together in one giant complex. That working at home for some does not cut productivity.

Stripe will still maintain a significant office presence in SF but the offer should be tempting to many. Stripe plans to pay employees up to 10% less if they leave the big cities but the combination of the $20,000 payment plus much lower costs for housing in most other parts of the country will make it a sound move for many.  

According to Bloomberg, VMware Inc. has instituted a similar policy, and Facebook Inc., Twitter Inc. and ServiceNow Inc. are also considering similar measures.

RW

Be seeing you

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The Pentagon’s Days of Future Past – Antiwar.com Original

Posted by M. C. on April 27, 2019

None other than Robert McNamara alerted us 25 years ago that high-tech military forces and equipment are tragically limited in so-called small wars against motivated adversaries. But, the Pentagon refuses to accept this lesson.

https://original.antiwar.com/dave_foster/2019/04/26/the-pentagons-days-of-future-past/

Polish cavalry didn’t really charge tanks as the Germans rolled into their country in 1939. But they did have an outmoded military. Last War-ism played a part: Polish cavalry (along with effective code breaking) fended off the numerically superior Soviets in 1920. But the Poles weren’t the only ones who had not kept up with the times.

On December 7, 1941, the U.S. had 19 battleships and eight aircraft carriers. Eight battleships were damaged that day, two permanently. By the Battle of Midway six months later it was becoming clear that carriers were the future of the surface fleet. Yet, eight new battleships were commissioned after Pearl Harbor, showing the enduring strength of the 19th century idea. The remaining battleships played useful roles, but by war’s end the battleship’s day in the sun was over. Several were used as targets during the Bikini Atoll atomic tests in 1946. Virtually all of the rest had been sold for scrap or donated as local museums by the end of the 1940s. However, four decommissioned soon after WWII but not cut-up for scrap famously reemerged for a time in the 1980s and early-1990s, and calls for their return still happen from time to time.

The Pentagon’s reverence for the stealth is a more recent example of over-investing in a fleeting technological advantage is. Stealth, or low observability, was discovered by a Russian scientist in the early-1960s. It took decades of research and development to put into practice, but military value of stealth was short-lived… Read the rest of this entry »

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