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Joined 1 year ago
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Cake day: June 5th, 2023

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  • Eh, a quick Google search said that Tesla wasn’t profitable for 17 years and survived due to government subsidies and investor funding. After that they’ve been making ~$15 billion per year and sold around 1.3 million cars worldwide per year.

    In contrast Toyota sold 10.3 million vehicles and made $61 billion in profit.

    As with their 17 years of unprofitable business they are currently more proportionally profitable, but a big portion of that is Musk fanboys and limited supply. If they actually started selling more cars they probably wouldn’t be as proportionally profitable.

    Additionally, Tesla is supposedly becoming less profitable due to several factors including not making a new model in 10 years, reports that they fraudulently marketed features (being sneaky with how range is calculated so that the true range is way less than advertised), and Elon’s antics hurting sales. Elon’s antics are a big deal, some people who wanted Teslas before don’t want them anymore because they don’t want to be associated with him (like flying a Gadsden Flag in the mid 2000s vs now).

    Elon’s antics don’t stop there, he’s also hurt the investor’s opinion as well. A big reason Tesla’s stock was so high is because people were buying them and not selling them. This caused their price to stay super high, but when Elon bought Twitter he sold a ton of stock. The price was at an all time high over $400 per share, his selling cratered it to ~$115, and is currently around $165. Investors don’t like it when the owner of a company single handedly tanks their investment so the owner can make a bad investment, even more so when the writing on the wall says he’ll sell even more of the stock to fund the bad investment.








  • That’s still going to be a second residence, it may not be a $2500/month residence, but it’s not going to be free.

    I think you’re confused by my original reply, I wasn’t saying it should be free or that they could just drive from their primary residence. I was saying that using the cost of DC housing as a reason for higher pay doesn’t make sense when they don’t have to live in DC itself. It’s perfectly reasonable that they may have to have a place outside of DC and commute in.

    So, while there isn’t a rule that says specifically “congresspeople may not sleep in their offices”, there are all kinds of rules about what constitutes housing in DC that are not met by congressional offices:

    Part of the issue is that you’re applying normal rules to an abnormal group. Traditionally I would agree with you that people shouldn’t sleep in their work offices, but this is hardly the weirdest thing that is normal in Congress. Also it doesn’t really matter if it meets the fire code or DCs building standards, Federal law has priority over local law. Even the DC Fire Code specifically says that it does not apply to any building or premises owned by the US Government.

    Heck, there are a ton of special laws which Congress has passed which only apply to Congress, including prohibiting DC local government from charging property tax or income tax on Congressmen. There are even laws regarding allowances that Congressmen get which essentially says that there are quantifiable benefits of the job which cannot be counted as income for taxes.

    The only rule that matters is whether Congress has specifically blocked it.

    EDIT: I just double checked and the DOB link you sent says at the very top

    “The Department of Buildings (DOB) is mandated to ensure public health, safety, and welfare by enforcing property maintenance codes on all residential and non-residential structures in the District of Columbia, excluding federal government buildings.



  • I am not fundamentally against giving Congress a pay raise, their last pay raise was in 2009 and it’s probably time to give them a cost of living adjustment. I’m not opposed to giving Congress a pay raise to encourage a wider range or people to run in the hope that we can have better Congressmen. There are Congressmen who come from already expensive areas where $174,000 isn’t a lot (such as AOC) and so they may need more pay. Washington is an expensive place and so are the surrounding areas, there is an argument that they need high pay to run their house in their home state and pay for expenses in DC.

    The problem I have is with the argument that paying Congress more would either help eliminate corruption or that Congressmen can make more money working somewhere else.

    The first paragraph of arguments is a real discussion and should be solved. Patrick McHenry doesn’t fit that criteria. $174k is a very good wage in his district and a quick search of some public records shows he has owned multiple properties and even owns a separate lake property as well.

    So if living very comfortably, almost lavishly in comparison to the people in his district, isn’t enough then what is? What is the lifestyle expectation for a Congressman? I personally don’t think a Congressional job should be about making people wealthy. If this isn’t enough then nothing would be.