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pantslesswithwolves
Oct 28, 2008

bird food bathtub posted:

I am exactly one of those "My situation is good but I feel the 'economy' is hosed" people and my reasoning for that is because I live my life one wrong car turn or cancer diagnosis or blood vessel away from losing everything I have to bankruptcy and homelessness for my family with absolutely no form of safety net to catch us the picosecond I am no longer a profit-making endeavor for my employer. How the gently caress does me making an above average salary and having some money in the bank translate to a good situation when it can all completely evaporate with no hope for recovery based on nothing I did or choices I made? It's a better situation than I've had in the past, but that is a long goddamn way from good.

Same boat. I’m what used to be considered a middle-class professional, but thanks to rising prices and wages that haven’t kept pace with inflation, my ability to save, contribute to retirement and maintain my lifestyle is significantly constrained. We recently had a major emergency surgery for one of my dogs that would cost $10k USD, and the only reason we didn’t hesitate is because we have insurance for them. If we didn’t, we would have had the choice of severely damaging our finances or losing what is basically a family member to us.

People keep pointing at economic indicators and a “vibecession” and I keep getting a “no, it’s the children voters who are wrong” vibe from them. Statistics don’t mean poo poo if your own situation doesn’t reflect them, and I’m tired of being condescended to by people telling me how wrong I am about how great the economy is because it’s in their political interest to do so.

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hobbesmaster
Jan 28, 2008

https://twitter.com/usainuk/status/1750136728034169147?s=46

This is a declaration of war, right?

Woodchip
Mar 28, 2010
Salt(water) in tea is an American tradition

ASAPI
Apr 20, 2007
I invented the line.

pantslesswithwolves posted:

Same boat. I’m what used to be considered a middle-class professional, but thanks to rising prices and wages that haven’t kept pace with inflation, my ability to save, contribute to retirement and maintain my lifestyle is significantly constrained. We recently had a major emergency surgery for one of my dogs that would cost $10k USD, and the only reason we didn’t hesitate is because we have insurance for them. If we didn’t, we would have had the choice of severely damaging our finances or losing what is basically a family member to us.

People keep pointing at economic indicators and a “vibecession” and I keep getting a “no, it’s the children voters who are wrong” vibe from them. Statistics don’t mean poo poo if your own situation doesn’t reflect them, and I’m tired of being condescended to by people telling me how wrong I am about how great the economy is because it’s in their political interest to do so.

I'm also in this spot.

The dow might be going up, but that poo poo isn't trickling down to my home/finances.

hypnophant
Oct 19, 2012

bird food bathtub posted:

I am exactly one of those "My situation is good but I feel the 'economy' is hosed" people and my reasoning for that is because I live my life one wrong car turn or cancer diagnosis or blood vessel away from losing everything I have to bankruptcy and homelessness for my family with absolutely no form of safety net to catch us the picosecond I am no longer a profit-making endeavor for my employer. How the gently caress does me making an above average salary and having some money in the bank translate to a good situation when it can all completely evaporate with no hope for recovery based on nothing I did or choices I made? It's a better situation than I've had in the past, but that is a long goddamn way from good.

This is a political, not economic, problem. It's not something that gets better and worse with the business cycle and, like housing, isn't really in the scope of what economists are talking about wrt economic indicators (although economists certainly do study healthcare and housing issues; the almost universal opinion of economists I've spoken to is that the insurance model for healthcare doesn't work and the housing market is busted). It's a fundamental issue, not a cyclical one

that said it's perfectly fine to want to hold politicians accountable for their failure to do anything about these problems. If you think withholding your vote from Biden is going to hold him accountable for not fixing the housing market or the health care system, go ahead and do that. All I ask is, before making your decision, think critically for a moment about the political system as a whole

Vincent Van Goatse
Nov 8, 2006

Enjoy every sandwich.

Smellrose

Woodchip posted:

Salt(water) in tea is an American tradition

No, we added the tea to the saltwater. Important difference.

Mustang
Jun 18, 2006

“We don’t really know where this goes — and I’m not sure we really care.”
I'm also one of those people that is not at all convinced that the economy is "just great!". Seattle is still dealing with the effects of tech layoffs, and some local companies have either recently laid more people off or are planning to do so.

There's still many people looking for work months and months later because of those layoffs. People that are employed but want to work somewhere else are also having a harder time finding a new job to move into.

Maybe there's still tons of jobs, but they're not good ones that people want.

Frankly, I don't need some economist whining about vibes and trying to sell me on this supposedly great economy: I don't believe them. They have been getting a lot of things wrong lately and they simply don't have any credibility whatsoever.

Still voting for Biden in November for obvious reasons, but it's definitely not because I think the economy is doing amazing.

That Works
Jul 22, 2006
Probation
Can't post for 4 hours!

bird food bathtub posted:

I am exactly one of those "My situation is good but I feel the 'economy' is hosed" people and my reasoning for that is because I live my life one wrong car turn or cancer diagnosis or blood vessel away from losing everything I have to bankruptcy and homelessness for my family with absolutely no form of safety net to catch us the picosecond I am no longer a profit-making endeavor for my employer. How the gently caress does me making an above average salary and having some money in the bank translate to a good situation when it can all completely evaporate with no hope for recovery based on nothing I did or choices I made? It's a better situation than I've had in the past, but that is a long goddamn way from good.


pantslesswithwolves posted:

Same boat. I’m what used to be considered a middle-class professional, but thanks to rising prices and wages that haven’t kept pace with inflation, my ability to save, contribute to retirement and maintain my lifestyle is significantly constrained. We recently had a major emergency surgery for one of my dogs that would cost $10k USD, and the only reason we didn’t hesitate is because we have insurance for them. If we didn’t, we would have had the choice of severely damaging our finances or losing what is basically a family member to us.

People keep pointing at economic indicators and a “vibecession” and I keep getting a “no, it’s the children voters who are wrong” vibe from them. Statistics don’t mean poo poo if your own situation doesn’t reflect them, and I’m tired of being condescended to by people telling me how wrong I am about how great the economy is because it’s in their political interest to do so.

Basically all of this.

Of course I'm going to vote for Biden when the time comes but if you put a lot of people to question "is my life better than it was 4 years ago" it's not and for people who only vote in their own self interests that's something. Whether that is enough people to matter is the question.

Mustang
Jun 18, 2006

“We don’t really know where this goes — and I’m not sure we really care.”
I don't get giving Presidents credit or holding them responsible for the state of the economy.

Biden didn't cause tech to massively overhire and then lay off hundreds of thousands of people. They did that to themselves.

My complaints about our economic system aren't really things Biden could change on his own even if he wanted to. We got ourselves into this mess.

Zamujasa
Oct 27, 2010



Bread Liar

hypnophant posted:

that said it's perfectly fine to want to hold politicians accountable for their failure to do anything about these problems. If you think withholding your vote from Biden is going to hold him accountable for not fixing the housing market or the health care system, go ahead and do that. All I ask is, before making your decision, think critically for a moment about the political system as a whole

this is a wild tangent because nowhere in the post you quoted did they imply they weren't voting for biden, they just said that the economy loving sucks if you are an actual person and not a corporation


that said the economy (and job world) in general has changed and it sucks poo poo now. everything for actual workers has been getting worse (shittier coverage, shittier employers, no pensions/retirement, everyone's a cog to be outsourced) but that's a problem that's been building for well over 40 years

the "economy" is doing fine in that well-off people are still well off and business numbers continue to go up, but everyone's increasingly aware that the bottom has been completely dug out and all it takes is one loving jostle for the whole thing to come crashing down

pantslesswithwolves
Oct 28, 2008

hypnophant posted:

that said it's perfectly fine to want to hold politicians accountable for their failure to do anything about these problems. If you think withholding your vote from Biden is going to hold him accountable for not fixing the housing market or the health care system, go ahead and do that. All I ask is, before making your decision, think critically for a moment about the political system as a whole

There's a sizable portion of the population, and likely of this forum, for whom their votes simply don't matter at the national level. I live in DC, and in 2020, their primary was held so late that Biden had already locked in the nomination and his challengers largely conceded, so it didn't matter who I voted for. Also, this city, along with many other states, have such large blue margins that individual votes simply don't have a meaningful impact. Voting political power at the national level in the US is unfortunately largely contained to a few early voting states in primary season and swing states during the general election- if I ever lived in one of those, I'd honestly be extremely torn about how I'd cast my ballot. Otherwise, given that I really have no say in picking my primary candidate or voicing my discontent for an unimpressive President whose narcissism has led him to believe that he's the only one who could beat Donald loving Trump again despite his advanced age and low approval numbers- what else am I to do beyond leaving the President/Vice-President field blank on my ballot?

facialimpediment
Feb 11, 2005

as the world turns
Mostly an excuse to post this story, but a lot of the whole ~~economic vibes~~ thing mostly involves people talking past each other. None of that's going on here in the thread, but out in the country you've got camps of people that think the economy is fine, camps of people that think it's fine for them and poo poo for others, camps of people that think the economy is poo poo, and then camps of people that think people should be in camps.

https://twitter.com/michaelkruse/status/1749398912849334412?t=WIhza5wC8itQ5IPWAg4egg&s=19

This dude was twitter's main character before the NH primary. Lots of people were discussing how the hell that dude could be reasoned with as I'm laughing like hell that of course he's a Lieutenant Colonel. It's always the LTCs.

Steezo
Jun 16, 2003
Now go away, or I shall taunt you a second time!


facialimpediment posted:

Lots of people were discussing how the hell that dude could be reasoned with as I'm laughing like hell that of course he's a Lieutenant Colonel. It's always the LTCs.

CAWWWW *splat*

Bored As Fuck
Jan 1, 2006
Fun Shoe

bird food bathtub posted:

I am exactly one of those "My situation is good but I feel the 'economy' is hosed" people and my reasoning for that is because I live my life one wrong car turn or cancer diagnosis or blood vessel away from losing everything I have to bankruptcy and homelessness for my family with absolutely no form of safety net to catch us the picosecond I am no longer a profit-making endeavor for my employer. How the gently caress does me making an above average salary and having some money in the bank translate to a good situation when it can all completely evaporate with no hope for recovery based on nothing I did or choices I made? It's a better situation than I've had in the past, but that is a long goddamn way from good.

I am moving up in the world slowly but surely. But I feel like I'm 10 years too late for where I should be financially, and I'm renting an apartment for $1800 when comps are around $2500+. If our landlord sells, my wife and I are gonna be forced to move back home with one of our families because wr absolutely cannot afford a higher rent at our salaries. We'd be hosed.

Bored As Fuck fucked around with this message at 18:59 on Jan 24, 2024

McNally
Sep 13, 2007

Ask me about Proposition 305


Do you like muskets?

facialimpediment posted:

Lots of people were discussing how the hell that dude could be reasoned with as I'm laughing like hell that of course he's a Lieutenant Colonel. It's always the LTCs.

A new lieutenant goes to his platoon sergeant with a question. "Sergeant, why do second lieutenants wear gold bars?"

"That's a great question, sir. A second lieutenant wears a gold bar because gold has value, but is malleable. The military wants to shape you and make you as good as you can be. That's why first lieutenants and captains wear silver bars - still valuable, but less malleable. Colonels wear eagles because they soar over the military masses and the general's stars shine down on us from above."

The lieutenant nods, thinks, and then says, "but what about majors and lieutenant colonels?"

"Fantastic question, sir. The origin of their rank insignia is even older, going back to Biblical times. To the Garden of Eden, in fact, when we used leaves to hide our pricks."

hypnophant
Oct 19, 2012

pantslesswithwolves posted:

There's a sizable portion of the population, and likely of this forum, for whom their votes simply don't matter at the national level. I live in DC, and in 2020, their primary was held so late that Biden had already locked in the nomination and his challengers largely conceded, so it didn't matter who I voted for. Also, this city, along with many other states, have such large blue margins that individual votes simply don't have a meaningful impact. Voting political power at the national level in the US is unfortunately largely contained to a few early voting states in primary season and swing states during the general election- if I ever lived in one of those, I'd honestly be extremely torn about how I'd cast my ballot. Otherwise, given that I really have no say in picking my primary candidate or voicing my discontent for an unimpressive President whose narcissism has led him to believe that he's the only one who could beat Donald loving Trump again despite his advanced age and low approval numbers- what else am I to do beyond leaving the President/Vice-President field blank on my ballot?

good news, in DC your vote in the general doesn't matter either so do what feels right to you
e: i'm a new yorker so i'm equally as bitter

Zamujasa posted:

that said the economy (and job world) in general has changed and it sucks poo poo now. everything for actual workers has been getting worse (shittier coverage, shittier employers, no pensions/retirement, everyone's a cog to be outsourced) but that's a problem that's been building for well over 40 years

the "economy" is doing fine in that well-off people are still well off and business numbers continue to go up, but everyone's increasingly aware that the bottom has been completely dug out and all it takes is one loving jostle for the whole thing to come crashing down

one of the several overlapping things that gets described as "the economy" is quantified national production and consumption. This is the main thing economists are trying to measure with econometrics, and it's what economists in the media are usually talking about when they say "the economy" is doing well; we can, to a really shocking degree of accuracy, quantify exactly how many dollars of goods and services are produced and consumed each year, and each year that number continues to grow, even after you take out the portion of growth that's just prices going up and focus on real figures. This is what the "economy is good" crowd is talking about and there's a real thing happening there, two-ish percent growth over a decade does lead to a meaningful change in the material standard of living, even though lots of supposed progressives and even marxists will just dismiss all this as "number go up." Some of this is normative - a lot of the increase over the past couple decades have gone into bigger cars and bigger houses, which is a very "number go up" phenomenon but is also genuinely more consumption, and it's difficult to find an objective basis, as an economist, to say "this kind of consumption is good but this kind isn't as good or is bad." It's all consumption and the consumer is supposed to be the one deciding, based on their own utility, which kind to pursue.

One other part of this problem is that american health care costs have gone insane over the past two decades. US spending on healthcare is now pushing 20% of GDP, compared to around 15% of GDP in the supposedly gold-plated socialist healthcare systems of France, Germany, and the Nordics, or like 10% in the developed asian economies. That's also 20% of a much bigger pie since US GDP per capita is so much bigger than Europe to begin with. The net result of this is that the US spends a whole lot more, like 30% or more, on health care per capita... but gets very little return on that spending since raw health care spend is more-or-less completely uncorrelated with outcomes on a population level. Econometrics really struggles to capture that delta, which is a big contributor to the "bad vibes" narrative of the economy. Again this isn't something that rises and falls with the business cycle, it's just an underlying broken thing that our political system has failed to fix for my entire life.

Zamujasa
Oct 27, 2010



Bread Liar
that's part of what i mean, too, like. yeah, sure, some things are better for people, we all have fancier phones and better stuff, but there's no real stability to it. the instant you lose your job or you get dinged with some health care poo poo you are up poo poo creek with no paddle, and it isn't hard to look out the window and see how american society treats those that are on hard times

we have almost none of the social safety nets that other countries do, labor power in the us has been gutted, and every benefits program is constantly on the verge of getting cut or underfunded. even if you were making plenty of money to live off of, the fact that you're always one month away from disaster is not going to make anyone feel good

Tiny Timbs
Sep 6, 2008

“My vote doesn’t matter because my state always has such large margins one way or the other” has always seemed to be nonsensical to me. These things can and do change over time and sometimes rapidly, and depending on which way you swing your vote is what can keep them stable.

golden bubble
Jun 3, 2011

yospos

Tiny Timbs posted:

This seems like a weird interpretation of individual polls not matching up to economic indicators. There’s a lot of ways the economy can be strong while leaving people thinking they’ve still got the short end of the stick.

It's not just polls not matching up to economic indicators. It's polls not matching up to slightly different polls. In perticular, for almost all of Biden's presidency, there has been a double digit gap between

Question A: "Now looking ahead--do you think that a year from now you (and your family living there) will be better off financially, or worse off, or just about the same as now?"

and

Question B: "Now turning to business conditions in the country as a whole--do you think that during the next twelve months we'll have good times financially, or bad times, or what?"

Over and over again, we have seen that about 10-25% more Americans are willing to say things will be better when asked Question A compared to Question B.

stealie72
Jan 10, 2007

hypnophant posted:

an underlying broken thing that our political system has failed to fix for my entire life.
This is basically like every reality of daily life in America.

It's so loving hard to not be a doomer because our entire society is arranged around squeezing every last drop out of the bottom 95% to keep the top 5% rich as gently caress, and the overwhelming majority of the population is somewhere on a spectrum between one emergency car repair and a few months of unemployment leading to complete financial ruin.

And it's highly profitable to keep it this way.

E:F,B

Zamujasa posted:

that's part of what i mean, too, like. yeah, sure, some things are better for people, we all have fancier phones and better stuff, but there's no real stability to it. the instant you lose your job or you get dinged with some health care poo poo you are up poo poo creek with no paddle, and it isn't hard to look out the window and see how american society treats those that are on hard times

we have almost none of the social safety nets that other countries do, labor power in the us has been gutted, and every benefits program is constantly on the verge of getting cut or underfunded. even if you were making plenty of money to live off of, the fact that you're always one month away from disaster is not going to make anyone feel good

hypnophant
Oct 19, 2012

stealie72 posted:

And it's highly profitable to keep it this way.

this is the biggest and most important part of the lie. Instability in housing and health care doesn't create economic prosperity, it undermines it. People who move out to the sticks for cheaper housing are less productive than people who stick it out in the high-COL rat race. An hour wasted arguing with your insurance company over basic care is an hour that can't be spent doing something productive. People who have to spend their lives proving to overworked and underresourced social workers that they need help are people who don't have time to take on even low-paid work that could help them improve their situations and contribute to their communities. lovely education hurts everyone. Keeping poor people poor only helps the most exploitative - the slum lords, payday loans, buy-here-pay-here car dealerships. You know, the trump voters.

That Works
Jul 22, 2006
Probation
Can't post for 4 hours!

Mustang posted:

I don't get giving Presidents credit or holding them responsible for the state of the economy.

Biden didn't cause tech to massively overhire and then lay off hundreds of thousands of people. They did that to themselves.

My complaints about our economic system aren't really things Biden could change on his own even if he wanted to. We got ourselves into this mess.

This is all true but the fact that people do and will hold the President responsible for it remains and will be some kind of factor on the election outcome.

I would love to at least see Biden try to do some broad EO to forgive student debt, or make interest held on federal student loans zero or anything, even if it eventually gets annihilated in the courts it will probably get people out to actually support something rather than just voting to oppose Trump or oppose abortion bans (even though the DNC doesn't even really agree on this).

golden bubble
Jun 3, 2011

yospos

Nah, 2022 was absolutely the most economic doomer year in ages. Consumer sentiment was seriously lower in 2022 than in 2007-2009. And I know things weren't all rainbows and roses in 2022, but you cannot seriously argue that 2008 economy was significantly better than the 2022 economy. Do you remember how many layoffs occurred in 2008? Do you remember how impossible it was to get a job as a fresh grad competing against recently fired veterans with 20 years of industry experience? Do you remember when even teenagers couldn't get fast food jobs because there were so many out-of-work adults with no other choices but McDonalds? The economy in 2022-23 had issues, but it was nowhere near as bad as the greatest recession since the Great Depression.

https://www.stlouisfed.org/on-the-economy/2024/jan/what-behind-recent-slump-consumer-sentiment

Maybe that's why consumer sentiment is skyrocketing upwards today. There are still problems with the current US economy, but most people are realizing that poo poo is definitely not as bad as the grim old days of 2008.

https://www.axios.com/2024/01/19/us-consumer-sentiment-index-umich
https://www.washingtonpost.com/business/2024/01/19/economy-sentiment-biden-inflation/

ded
Oct 27, 2005

Kooler than Jesus
economy state should be decided by rent. can someone afford rent? no? its hosed.

but its been this way a lot longer than biden being pres

pantslesswithwolves
Oct 28, 2008

Tiny Timbs posted:

“My vote doesn’t matter because my state always has such large margins one way or the other” has always seemed to be nonsensical to me. These things can and do change over time and sometimes rapidly, and depending on which way you swing your vote is what can keep them stable.



gonna take quite some time for those numbers to shift to have any impact what-so-loving-ever on my three precious electoral college votes

lightpole
Jun 4, 2004
I think that MBAs are useful, in case you are looking for an answer to the question of "Is lightpole a total fucking idiot".

That Works posted:

This is all true but the fact that people do and will hold the President responsible for it remains and will be some kind of factor on the election outcome.

I would love to at least see Biden try to do some broad EO to forgive student debt, or make interest held on federal student loans zero or anything, even if it eventually gets annihilated in the courts it will probably get people out to actually support something rather than just voting to oppose Trump or oppose abortion bans (even though the DNC doesn't even really agree on this).

He did this and it was struck down. This is rather telling in how even the good stuff he has tried or even gotten through is largely forgotten, poo poo'd for not going far enough, or just flat out ignored.

OddObserver
Apr 3, 2009


lightpole posted:

He did this and it was struck down. This is rather telling in how even the good stuff he has tried or even gotten through is largely forgotten, poo poo'd for not going far enough, or just flat out ignored.

And he did a bunch more stuff on student loans afterwards that's more narrow scope but still helps a bunch of people.

Edit: see e.g. https://www.whitehouse.gov/briefing...s-of-borrowers/ --- some of you may know people who may be eligible..

OddObserver fucked around with this message at 20:19 on Jan 24, 2024

facialimpediment
Feb 11, 2005

as the world turns

lightpole posted:

He did this and it was struck down. This is rather telling in how even the good stuff he has tried or even gotten through is largely forgotten, poo poo'd for not going far enough, or just flat out ignored.

The number regarding student loan debt forgiven appears to be $136B with all his work-arounds.

Some of this is poo poo marketing by the president/others. Other times, it may be a strategy to keep irritation down (SC ruling) and also not make others whine (FORGIVENESS INCREASES INFLATION WAAAH). It's kinda like how America is currently producing a record amount of oil, but it's not touted because world burning and such.

Cool Dad
Jun 15, 2007

It is always Friday night, motherfuckers

ded posted:

economy state should be decided by rent. can someone afford rent? no? its hosed.

but its been this way a lot longer than biden being pres

This is where I come down. The economy might be ok and I might even be doing ok, but my rent goes up at least 100 dollars every year and eventually I'll be forced to move, and there might not be anywhere to move to that I can afford. So to me, the economy is hosed.

psydude
Apr 1, 2008

lightpole posted:

He did this and it was struck down. This is rather telling in how even the good stuff he has tried or even gotten through is largely forgotten, poo poo'd for not going far enough, or just flat out ignored.

I know someone who keeps complaining that Biden didn't do anything on student loans. They maintain this even when confronted with all of the evidence to the contrary. In his view, because he didn't personally benefit from it, it amounts to a broken promise.

hypnophant
Oct 19, 2012

Cool Dad posted:

This is where I come down. The economy might be ok and I might even be doing ok, but my rent goes up at least 100 dollars every year and eventually I'll be forced to move, and there might not be anywhere to move to that I can afford. So to me, the economy is hosed.

I hear you and even agree with the way you feel but this is 100% not an "economy" problem. This is about housing policy in your specific area and if you want to fix it you need to go to your local council every week and scream at them to build more housing and get all your friends and neighbors to do the same. This is 100% a politics problem; we can afford to build more housing and are choosing not to, either because a minority might move in (right) or a developer might make a dollar (left).

Discussion Quorum
Dec 5, 2002
Armchair Philistine

CommieGIR posted:

Because the target audience for American facing Economists isn't individuals - its investors and biz leaders who are not hurting. Everyone else can get hosed.

stealie72 posted:

It's so loving hard to not be a doomer because our entire society is arranged around squeezing every last drop out of the bottom 95% to keep the top 5% rich as gently caress, and the overwhelming majority of the population is somewhere on a spectrum between one emergency car repair and a few months of unemployment leading to complete financial ruin.

And it's highly profitable to keep it this way.

It's worth noting in this same vein that a significant selling point of ZIRP and other economic stimulus programs (from the POV of the economist and investor community) was that it heavily incentivized consumers to spend rather than save. Increases in consumer savings rates were taken as negative economic indicators.

Of course, if poo poo happens and you don't have $100k in the bank for a rainy day, it's your own drat fault.

Grip it and rip it
Apr 28, 2020

Tiny Timbs posted:

“My vote doesn’t matter because my state always has such large margins one way or the other” has always seemed to be nonsensical to me. These things can and do change over time and sometimes rapidly, and depending on which way you swing your vote is what can keep them stable.

Not to mention down ballot races. Its not a smart thing to say unless every single candidate you want in every race has won, and even then it seems reckless.

McNally
Sep 13, 2007

Ask me about Proposition 305


Do you like muskets?

hypnophant posted:

I hear you and even agree with the way you feel but this is 100% not an "economy" problem. This is about housing policy in your specific area and if you want to fix it you need to go to your local council every week and scream at them to build more housing and get all your friends and neighbors to do the same. This is 100% a politics problem; we can afford to build more housing and are choosing not to, either because a minority might move in (right) or a developer might make a dollar (left).

I'd argue that it cannot be 100% a politics problem when part of the problem stems from the fact that their pay isn't increasing to match the increasing cost of housing.

facialimpediment
Feb 11, 2005

as the world turns

psydude posted:

I know someone who keeps complaining that Biden didn't do anything on student loans. They maintain this even when confronted with all of the evidence to the contrary. In his view, because he didn't personally benefit from it, it amounts to a broken promise.

Kinda fair! My trouble is that I can't figure out when people are legitimately complaining about an arguably-broken promise, or just trying to horseshoe theory lefties into voting trump.

Anyways, have I mentioned before that the UAW president rules?

https://twitter.com/Acyn/status/1750240349845364941?t=0gzXJtV3cWoigTdPQV0QpA&s=19

https://twitter.com/jmarcusblank/status/1750245576652841285?t=X5dzvGInpO1w49hdGsBF9A&s=19

hypnophant
Oct 19, 2012

McNally posted:

I'd argue that it cannot be 100% a politics problem when part of the problem stems from the fact that their pay isn't increasing to match the increasing cost of housing.

housing prices rose significantly even during the period 2008-2021, when inflation was basically flat, so that argument alone doesn't hold a lot of water

McNally
Sep 13, 2007

Ask me about Proposition 305


Do you like muskets?

hypnophant posted:

housing prices rose significantly even during the period 2008-2021, when inflation was basically flat, so that argument alone doesn't hold a lot of water

How so? Is housing somehow not a factor in cost of living?

ded
Oct 27, 2005

Kooler than Jesus

hypnophant posted:

I hear you and even agree with the way you feel but this is 100% not an "economy" problem. This is about housing policy in your specific area and if you want to fix it you need to go to your local council every week and scream at them to build more housing and get all your friends and neighbors to do the same. This is 100% a politics problem; we can afford to build more housing and are choosing not to, either because a minority might move in (right) or a developer might make a dollar (left).

the area i live is a giant planned community full of houses. there are some low income apartments as well as "regular" priced ones along side vast tracks of single family homes and schools that go from kindergarten to community college.

anyone making minimum wage or slightly above can maybe afford the low income apartments, with a 1 year or longer wait time.

build more housing is not always the answer


edit : oh and the "value" of these houses has somehow doubled in the past 16 years. 350k build price condos are now 600-700k and 700k single family homes are now being sold at 1.3m or higher. these are conservative numbers i've seen fliers from agents claiming sold value much higher

ded fucked around with this message at 21:20 on Jan 24, 2024

Mustang
Jun 18, 2006

“We don’t really know where this goes — and I’m not sure we really care.”
Looks like the Texas National Guard is defying the supreme court and not letting the border patrol remote the razor wire as ordered.

Why isn't the Biden administration taking control of the Texas NG in response? If I was in the Texas NG I would be worried about being guilty of following an unlawful order, but maybe the Texas NG is full of chuds.

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psydude
Apr 1, 2008

ded posted:

the area i live is a giant planned community full of houses. there are some low income apartments as well as "regular" priced ones along side vast tracks of single family homes and schools that go from kindergarten to community college.

anyone making minimum wage or slightly above can maybe afford the low income apartments, with a 1 year or longer wait time.

build more housing is not always the answer


edit : oh and the "value" of these houses has somehow doubled in the past 16 years. 350k build price condos are now 600-700k and 700k single family homes are now being sold at 1.3m or higher. these are conservative numbers i've seen fliers from agents claiming sold value much higher

Wouldn't building more apartments, particularly mixed income apartments, help address the waiting list issue you mentioned?

The area you described sounds a lot like either Reston, VA or Columbia, MD. Both have struggled to handle the massive demand for housing in recent years. Columbia has approved more high density housing in the emerging downtown area, but Reston seems to have paused it.

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