Item — HN Reader

I still don't understand the hyperfocus on cost savings without looking to increasing income.

For a startup, saving costs allows you more time to try to develop product-market fit and thus increase income. In the long run I'd far prefer a $10m revenue, $1m costs business to a $100k revenue, $10k costs business, assuming I have the same percentage ownership.

Same thing with life -- if I can make much more money by living in a place like SF or NYC, it's more tempting than living in the midwest and making much less. iPods still cost the same in NYC and rural Iowa.

There's a recession on. For many people, cutting costs is immediately do-able but making more money (ie getting another job after you lost yours) is proving not to be. You have to survive until that new job comes around.

Then maybe it's time to take an economics class, and go out into the real world, because in the real world, cities are far more expensive than farmland due to increased services. And in the real world, most people do not have the opportunities nor the skills or mindset to easily increase their income.