Klein and Thompson are themselves bad faith actors who are shocked! to find waste and corruption in government procurement and legislation. I watched Klein and Jon Stewart put on a performance while discussing some of this waste as if they haven't been fully aware of every liberal boondoggle of the past few decades. They claim to want to…
Klein and Thompson are themselves bad faith actors who are shocked! to find waste and corruption in government procurement and legislation. I watched Klein and Jon Stewart put on a performance while discussing some of this waste as if they haven't been fully aware of every liberal boondoggle of the past few decades. They claim to want to change things but when you get down to brass tacks they'll worry themselves right back into the same positions they claim to critique. As always they want illiberal outcomes via liberal means. It doesn't work that way.
Govt has largely been out of the way in NYC for decades and all we seem to build are condos for multimillionaires. The answer isn't to have govt build affordable housing. The answer is to adjust economic and industrial policy to incentivize the private sector to build the housing we need and not the housing that will bring in the biggest short-term profits as they sell $30 million condos to foreign oligarchs. Letting the market decide everything has led us to a society with a hollowed out industrial base, very few good jobs for young people, insanely high housing costs, education costs, food costs and healthcare costs.
The solution is for govt to rebalance away from constantly shoveling trillions into the banking system for rampant speculation and instead to raise protective barriers so industry can return to the US. The solution is to make stock buybacks illegal, incentivize firms to reinvest profits into domestic growth, and end the vast array of market manipulations and perverse incentives that enable the continued looting of our national wealth; to distinguish between productive and extractive economic activity, promote the former and tax the latter into oblivion.
The Dem party constituency - the NGOs and local functionaries they patronize - must be shut down and the uniparty constituency -- FIRE sector, MIC looters, healthcare looters and every other extractive business model must also be cutoff from the federal money gusher.
It's all about incentives and our nation is overwhelmed, from stem to stern, with perverse ones.
"The answer is to adjust economic and industrial policy to incentivize the private sector to build the housing we need and not the housing that will bring in the biggest short-term profits as they sell $30 million condos to foreign oligarchs."
This is largely a top tier city problem. Ban, or severely curtail, foreigners from buying real estate and they will stop building those condos. In other metro areas builders are building much more normal housing.
Klein and Thompson are themselves bad faith actors who are shocked! to find waste and corruption in government procurement and legislation. I watched Klein and Jon Stewart put on a performance while discussing some of this waste as if they haven't been fully aware of every liberal boondoggle of the past few decades. They claim to want to change things but when you get down to brass tacks they'll worry themselves right back into the same positions they claim to critique. As always they want illiberal outcomes via liberal means. It doesn't work that way.
Govt has largely been out of the way in NYC for decades and all we seem to build are condos for multimillionaires. The answer isn't to have govt build affordable housing. The answer is to adjust economic and industrial policy to incentivize the private sector to build the housing we need and not the housing that will bring in the biggest short-term profits as they sell $30 million condos to foreign oligarchs. Letting the market decide everything has led us to a society with a hollowed out industrial base, very few good jobs for young people, insanely high housing costs, education costs, food costs and healthcare costs.
The solution is for govt to rebalance away from constantly shoveling trillions into the banking system for rampant speculation and instead to raise protective barriers so industry can return to the US. The solution is to make stock buybacks illegal, incentivize firms to reinvest profits into domestic growth, and end the vast array of market manipulations and perverse incentives that enable the continued looting of our national wealth; to distinguish between productive and extractive economic activity, promote the former and tax the latter into oblivion.
The Dem party constituency - the NGOs and local functionaries they patronize - must be shut down and the uniparty constituency -- FIRE sector, MIC looters, healthcare looters and every other extractive business model must also be cutoff from the federal money gusher.
It's all about incentives and our nation is overwhelmed, from stem to stern, with perverse ones.
"The answer is to adjust economic and industrial policy to incentivize the private sector to build the housing we need and not the housing that will bring in the biggest short-term profits as they sell $30 million condos to foreign oligarchs."
This is largely a top tier city problem. Ban, or severely curtail, foreigners from buying real estate and they will stop building those condos. In other metro areas builders are building much more normal housing.