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Yes, housing is expensive. You can thank your local, state, and federal government elected representatives, bureaucrats, and mandarins for that...
Nonsense. Housing is 100% market driven and if builders were allowed to cover the hillsides with shoddy cottages, they'd sell for just as much in any given market.
So sorry to hear that yet more SoCal megamansions might accrue 10% extra cost for compliance.
Much of the Florida building code is driven by the vaguely free market property insurance industry- no private company would write policies down here without windstorm code requirements.
Much of the Florida building code is driven by the vaguely free market property insurance industry- no private company would write policies down here without windstorm code requirements.
"If your primary domicile ends up in Georgia, enjoy life in your new state."
I'm very perplexed as to why I STILL hear all these people say the economy is still bad, just like they said not long after 2008 all the way to 2014.
Why?
-Unemployment is at a nearly 5 decade low.
-3% GDP growth +/-
-All time low African American and Hispanic unemployment rate.
-Consumer confidence at an all time high
-Stock market at an all time high
-Wager keeping up with inflation
-Biggest wage gains among low-income people.
And on and on, and on...............
So WHY do I keep hearing people say its a struggle in "this" economy?
In my particular industry, there is a worker SHORTAGE and companies are betting for qualified applicants. Just recently, I was given a job offer literally 2 minutes after finishing the interview. This is just one of many examples.
So what gives? Why do I keep hearing so many people give the impression the economy is still bad like it was 2008-2014?
There are winners and losers in each economy cycle. But who do you hear from usually? The losers, not the winners, doesn't matter what the statistics say, it's driven by personal perception. The reasons range from:
Bad life choices
Personal misfortune
Political rhetoric
...and, some people simply just like to complain
There are winners and losers in each economy cycle. But who do you hear from usually? The losers, not the winners, doesn't matter what the statistics say, it's driven by personal perception. The reasons range from:
Bad life choices
Personal misfortune
Political rhetoric
...and, some people simply just like to complain
And people wonder why I'm becoming more and more attached to the term Economic Calvinism.
And people wonder why I'm becoming more and more attached to the term Economic Calvinism.
Not familiar with the term "economic calvinism", but calvinism as a religious and social principle was used and misused, just like all religions. Used as a principle for modern democracies, misused to justify apartheid.
Any economic principle using religion as a guide I tend to mistrust. But what do i know, I'm catholic.
Not familiar with the term "economic calvinism"...
That's because I coined it a couple of weeks ago, based on discussion here and my more serious writing efforts elsewhere. You may quote me.
Quote:
...but calvinism as a religious and social principle was used and misused, just like all religions. Used as a principle for modern democracies, misused to justify apartheid.
Any economic principle using religion as a guide I tend to mistrust. But what do i know, I'm catholic.
A vast number of belief systems based largely on prejudice and ignorance come to resemble religious dogma. One of them is the strong streak, here as elsewhere, that people are divided into the Elect and the Non-Elect on a socioeconomic basis.
The Elect are successful because they're smart, savvy, self-reliant and never took nothin' from nobody. All those others are just lazy, probably stupid losers looking for a handout.
This is a common refrain of society’s losers too. I’ve noticed this repeatedly. I got at least 16 downvotes on Reddit (I probably got more after that lol) because someone said, “I’d never consider having a kid in this economy, it’s hard enough just finding a job for me and the economic outlook is bleak now.” I was dumbfounded, so I asked, “I’m sorry, could you explain? The nation just hit a 49-year-low in unemployment and the GDP was a fantastic number, the economy is having an unprecedented bull market run, what exactly are you referring to?” That question was downvoted by the basement dwelling losers of Reddit. You couldn’t find a more pathetic group of people on the Internet overall lol
You couldn’t find a more pathetic group of people on the Internet overall lol
Yet there you are, wasting all your superiority hanging out with them. Except when you drop in here to spew infantile economic darwinism based on massive ignorance of how economic systems actually work.
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