Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
People love it, but it's a really bad saying. A raising tide doesn't make the boats bigger so they all still float at the same relative level. Nothing changed there. Except for the boats with holes in them. And the people stuck with no boat to get on who get drowned. It's a really false analogy to use. Libertarians and "I got mine, the hell with everyone else" love it. Even as a conservative I hate it because it sets up a false expectation and will eventually lead to negative backlash.
Truthfully? No. Not much. Burger flipping was never intended to provide a "living wage.". It's a kid's job, not a replacement for lost manufacturing jobs that once allowed people who didn't take education seriously to still earn a decent living. Fortunately for the elderly, fewer kids want those jobs
It's a shame so many elderly folks must survive on SS. But just as with the flipper pay, it wasn't intended to provide a living income but to supplement savings, to over simplify.
In my humble opinion government could best help by taking the profit out of poverty. Charity should be left to churches and charitable organizations. Exceptions for the damaged veterans and truly handicapped. It's disgusting, the amount of tax dollars spent buying votes with welfare for perfectly healthy people, leaving so little for those who truly need it.
Churches skipped out on that responsibility decades ago. That's why we ended up with a government program. Once they get a few million bucks ahead, they don't build housing for the poor, they build monuments to their own vanity.
The simplest way to deal with bums in our society would be the Universal Basic Income (UBI), set at poverty level. For one person, federal poverty level is $12,060/year. They get that as their base citizenship ration. For each dollar they earn, reduce the UBI by 50 cents, so if they earn $10,000 they get a check from the government for $7,060, and if they earn $36,180 they get nothing. There's plenty of incentive to go out and find a job, even $10k/year minimum wage or part time. The difference between $12k and $19k would make a big difference in their lifestyles. Eliminate food stamps. Eliminate welfare. Eliminate subsidized housing. Meanwhile, nobody is left totally without an income.
And the thing that just blows my mind is you complaning about the rent rising again and again. The reason it's rising is because there are people, and a lot of them, who can afford that rent. That's why the rents are rising.
So the rent isn't too high and unaffordable in general. It's not affordable to YOU.
You forgot something. Rising rents signal producers (developers) to build more housing. But overregulated housing and land use markets have crippled the pipeline of new construction, i.e. a normal market would respond to rising rents by increasing supply accordingly.
your wording was the issue not my understanding . YOU said inflation adjusted , homes are 10x what they were in the 1950's not me , i said incomes were up 10x too if that is your case .
No one outside of San Jose cares what a house in San Jose costs. Markets all over the country go up and go down. It's what they do. If you feel you've been left in the dust by some local market, there are options available to you.
You forgot something. Rising rents signal producers (developers) to build more housing. But overregulated housing and land use markets have crippled the pipeline of new construction, i.e. a normal market would respond to rising rents by increasing supply accordingly.
Supply has been increased. Just not the type of supply you can afford.
your wording was the issue not my understanding . YOU said inflation adjusted , homes are 10x what they were in the 1950's not me , i said incomes were up 10x too if that is your case .
Inflation adjusted means including inflation, see how it's 10x INFLATION ADJUSTED? It's 100x without factoring in inflation.
For a "successful guy" its a surprise you don't understand what simple words mean.
No one outside of San Jose cares what a house in San Jose costs. Markets all over the country go up and go down. It's what they do. If you feel you've been left in the dust by some local market, there are options available to you.
Like commuting 2000 miles? I don't believe I can afford to commute by 707 or Saturn rocket.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
