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game_the0ry 9 hours ago

Near zero interest rates + COVID remote work + PPP loans = Booming economy

What is happening now is the unwinding of the above. Now its:

Higher rates + AI + too many SWEs (bootcamps and over-hiring) = Busting economy

I think what we are in right now is more the norm and the post covid boom was an exception.

kccqzy 9 hours ago | parent [-]

And also the section 174 change too, which suddenly increased the tax bill for any companies doing software development.

candiddevmike 7 hours ago | parent [-]

That has been undone now, though.

y-curious 4 hours ago | parent | next [-]

Section 174 as it stands means R&D costs companies less, not more. It would be bullish for the SWE profession. It’s still around

t-writescode 5 hours ago | parent | prev [-]

Has it? I haven’t seen anything about that.

stock_toaster 3 hours ago | parent [-]

I thought it was mostly rolled back for domestic R&D as part of the terribly named OBBBA.

[1]: found a ref https://www.bnncpa.com/resources/one-big-beautiful-bill-act-...