I definitely sympathize with people in college debt, but this feels like just temporary wins and doesn't address the real problems. This won't solve the overpriced cost of education. Forgive debt now, a new crop of students will just go into debt next, right?
We need universities to be completely free, universal single payer health care, drastically cheaper housing to rent and own, etc.
When someone is having a heart attack you don't give them a lecture on the importance of diet and exercise.
There is a problem now, solve it. Fix the root cause next.
Fact.
Also called kicking the can down the road.
If a house starts burning do you try to put it out, or kick the can down the road and let it burn so you can build a new one?
Bad analogy
We let these half measures go through and nothing gets done later because just enough was done to shut the masses up.
Be happy with your bandages. 🤷
Also called solving a problem instead of being a lazy self-entitled fuck
I agree but that would require Congress to do something. Trying to accomplish this through executive actions alone might not actually work, but it at least shows voters clearly which party is willing to take action on this issue, and hopefully we will end up with a Congress that is more in line with the will of the people.
I think this might be my key takeaway. He is wiling to address exactly this problem and might continue in the future. Even if you don't benefit from it, it shows a clear path he is willing to take.
Why do you want free universities for degrees that actually give a net benefit?
And the reason housing is so expensive is directly due to government intervention in housing.
And the reason housing is so expensive is directly due to government intervention in housing.
Fuck off you conservative dipshit, try your incredibly wrong talking points somewhere people aren't gonna see right through it
While it is certainly not the only reason, government intervention via zoning laws is definitely a factor in the house crisis. If mixed use zoning was more universally a thing, then that would be the government not intervening in the housing market.
And that's absolutely not what they mean
It's even more so due to the ultra-low interest rates that were the "temporary" "solution" to the post 2008 crash recession (only they weren't all that temporary and didn't really solve the problem, more pushed it along).
There is a lot of info out there about how such monetary policy pushed money up the yield-scale out of Treasuries and Bonds and into things like Stocks and Realestate.
Another point is the wealth concentration we're seeing: as a bigger and bigger fraction of GDP ends up in the hands of the already very wealthy the fraction of GDP that's seeking investment opportunities (rather than being spent: poorer people spend all or most of their income, whilst rich people spend but a tiny fraction and the rest they invest) exploded and all that has to go somewhere and Realestate is perceived as safe (especially if governments will do all they can to not let prices fall) and has a lot more yield than treasuries.
This shit goes all the way back to Obama, and was just as much pushed by Republicans as by Democracts.
Oh please. None of that even PALES in comparison to the outright supply crunch being caused by housing investors. It doesn't even compare to the damage being done by the rampant construction of expensive luxury/multifamily homes.
It explains why there are so many house investors now when there were way less about a decade or so ago.
It also explains the record-setting stockmarket valuations even though most people feel things have gone backwards.
Yup! Housing investors >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> zoning laws or all the other narratives about government interference.
because I'm not a piece of shit and want to see my fellow Americans do better. a rising tide lifts all boats.
I am also a piece of shit who thinks good things are good even if someone else gets a bit more good than I get.
How does useless degrees lift all boats?
Wow TIL all degrees are useless.
What'd you get your degree in? Maybe you got a useless one.
Where did I say all degrees are useless? I got my degrees in engineering and science.
Dude you must think they get their degrees in feminist dance or some boogeyman degree. News flash you want some people to get good jobs with that "useless" feminist dance degree. Because if not, they're going to crowd into degrees like engineering and greater numbers of engineering grads creates greater competition for engineering jobs... which drives down the pay that most engineers get, plus it reduces the odds of actually getting a starter engineering job. Supply & demand.
Signed,
100% NOT a feminist.
The market pretty much tells us what are useful and useless degrees. The issue with your theory is that people do crowd into engineering and then the joke is after they fail they do business.
So when they shipped computer engineering jobs overseas the market was saying computer engineering is useless? Man you really know a lot of things that simply aren't true.
Its probably much more complicated than you are implying it is. Are people with computer engineering unable to get jobs? If the answer is no, then the supply of computer engineers is probably not enough in america or it could be something completely different and could be related to manufacturing.
For the most part computer engineers cannot get jobs in America. Though as a result of that there are now very few computer engineering grads in America. The point is that even very important college majors don't get jobs because they outsourced them overseas. Meaning, it was your statement that was lacking in nuance and complexity.
Of course it lacked nuance and complexity it was one or two sentences.
Why do you want free universities for degrees that actually give a net benefit?
It is in your sentence. I want things that offer a net benefit. That's why I like fire departments for example. We all benefit from not having uncontrolled fire about.
That's 100 percent, certified bullshit.
Government could fix housing SUPER fast. Tax rental payments on single-family homes at 100% to make SFR build-to-rent impossible.
Sorry dude, but that is not how that works.
I work in municipal development.
100% of new single-family developments approaching the city over the last 2 years have been for build-to-rent exclusively. The existing SFR homes are being bought up at massively inflated prices to convert them into rentals.
The only reliable way to buy a home for your family to live in within 50 miles of the city is to buy empty land and have a custom million+ dollar house built, because the existing inventory is being grabbed up by rental investors and new inventory isn't even being made available for sale.
If that is true then your area is very different than the rest of everywhere, because SFH are terrible investments. And taxing them is just going to make housing more expensive and fix nothing.
You could really use some of that free education because this take is absolutely moronic
Wow, that was such a clever statement, you must have so many degrees!
Care to explain the logic behind the housing comment?
Sure, in short housing is too difficult and too expensive to build to keep up with demand. All this is due to government requirements on housing which adds over $100k on average per single family house, as well as it just being a general headeache. And this doesnt even get into the currency manipulation issue.
What requirements though?
And the government doesn’t control monetary policy, so can you expand on that too?
There are probably 1000 different requirements for each small town and then add the state and national ones to that. The requirements will be things like getting an engineering report if you remove more than 10 yards of dirt, or add a roof element that makes the house look good.
The government does control the supply of money via the Federal Reserve. If you are interested I can tell you how it directly makes the rich richer and takes the wealth of the middle class and poor.
waaaaaaa regulation makes stuff more expensive to do, get rid of it so we can make money at the expense of the ppooooooooorrrrrrssss
Classic conservative
The fed is independent. If you’d like, I can give you a primer on how that works
Let me get this straight, the US controls and funds all kinds of governments around the world but they wouldnt control the fed? "But its a private company!!!" Sure it is, its totally not completely controlled by the government...
It’s not and they have proven as much every single election cycle by not giving into political pressure.
Thats funny because both sides are EXACTLY THE SAME with regards to the fed, and its robbing from the poor and middle class. Literally only a couple people in the two main parties even say anything about how bad the fed is. If you dont know anything about a subject, it would be best to learn about it, but at least dont argue like you know about it.
I definitely sympathize with people in college debt, but this feels like just temporary wins and doesn't address the real problems. This won't solve the overpriced cost of education. Forgive debt now, a new crop of students will just go into debt next, right?
We need universities to be completely free, universal single payer health care, drastically cheaper housing to rent and own, etc.
When someone is having a heart attack you don't give them a lecture on the importance of diet and exercise.
There is a problem now, solve it. Fix the root cause next.
Fact.
Also called kicking the can down the road.
If a house starts burning do you try to put it out, or kick the can down the road and let it burn so you can build a new one?
Bad analogy
We let these half measures go through and nothing gets done later because just enough was done to shut the masses up.
Be happy with your bandages. 🤷
Also called solving a problem instead of being a lazy self-entitled fuck
I agree but that would require Congress to do something. Trying to accomplish this through executive actions alone might not actually work, but it at least shows voters clearly which party is willing to take action on this issue, and hopefully we will end up with a Congress that is more in line with the will of the people.
I think this might be my key takeaway. He is wiling to address exactly this problem and might continue in the future. Even if you don't benefit from it, it shows a clear path he is willing to take.
Why do you want free universities for degrees that actually give a net benefit?
And the reason housing is so expensive is directly due to government intervention in housing.
Fuck off you conservative dipshit, try your incredibly wrong talking points somewhere people aren't gonna see right through it
While it is certainly not the only reason, government intervention via zoning laws is definitely a factor in the house crisis. If mixed use zoning was more universally a thing, then that would be the government not intervening in the housing market.
And that's absolutely not what they mean
It's even more so due to the ultra-low interest rates that were the "temporary" "solution" to the post 2008 crash recession (only they weren't all that temporary and didn't really solve the problem, more pushed it along).
There is a lot of info out there about how such monetary policy pushed money up the yield-scale out of Treasuries and Bonds and into things like Stocks and Realestate.
Another point is the wealth concentration we're seeing: as a bigger and bigger fraction of GDP ends up in the hands of the already very wealthy the fraction of GDP that's seeking investment opportunities (rather than being spent: poorer people spend all or most of their income, whilst rich people spend but a tiny fraction and the rest they invest) exploded and all that has to go somewhere and Realestate is perceived as safe (especially if governments will do all they can to not let prices fall) and has a lot more yield than treasuries.
This shit goes all the way back to Obama, and was just as much pushed by Republicans as by Democracts.
Oh please. None of that even PALES in comparison to the outright supply crunch being caused by housing investors. It doesn't even compare to the damage being done by the rampant construction of expensive luxury/multifamily homes.
It explains why there are so many house investors now when there were way less about a decade or so ago.
It also explains the record-setting stockmarket valuations even though most people feel things have gone backwards.
Yup! Housing investors >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> zoning laws or all the other narratives about government interference.
because I'm not a piece of shit and want to see my fellow Americans do better. a rising tide lifts all boats.
I am also a piece of shit who thinks good things are good even if someone else gets a bit more good than I get.
How does useless degrees lift all boats?
Wow TIL all degrees are useless.
What'd you get your degree in? Maybe you got a useless one.
Where did I say all degrees are useless? I got my degrees in engineering and science.
Dude you must think they get their degrees in feminist dance or some boogeyman degree. News flash you want some people to get good jobs with that "useless" feminist dance degree. Because if not, they're going to crowd into degrees like engineering and greater numbers of engineering grads creates greater competition for engineering jobs... which drives down the pay that most engineers get, plus it reduces the odds of actually getting a starter engineering job. Supply & demand.
Signed, 100% NOT a feminist.
The market pretty much tells us what are useful and useless degrees. The issue with your theory is that people do crowd into engineering and then the joke is after they fail they do business.
So when they shipped computer engineering jobs overseas the market was saying computer engineering is useless? Man you really know a lot of things that simply aren't true.
Its probably much more complicated than you are implying it is. Are people with computer engineering unable to get jobs? If the answer is no, then the supply of computer engineers is probably not enough in america or it could be something completely different and could be related to manufacturing.
For the most part computer engineers cannot get jobs in America. Though as a result of that there are now very few computer engineering grads in America. The point is that even very important college majors don't get jobs because they outsourced them overseas. Meaning, it was your statement that was lacking in nuance and complexity.
Of course it lacked nuance and complexity it was one or two sentences.
It is in your sentence. I want things that offer a net benefit. That's why I like fire departments for example. We all benefit from not having uncontrolled fire about.
That's 100 percent, certified bullshit.
Government could fix housing SUPER fast. Tax rental payments on single-family homes at 100% to make SFR build-to-rent impossible.
Sorry dude, but that is not how that works.
I work in municipal development.
100% of new single-family developments approaching the city over the last 2 years have been for build-to-rent exclusively. The existing SFR homes are being bought up at massively inflated prices to convert them into rentals.
The only reliable way to buy a home for your family to live in within 50 miles of the city is to buy empty land and have a custom million+ dollar house built, because the existing inventory is being grabbed up by rental investors and new inventory isn't even being made available for sale.
If that is true then your area is very different than the rest of everywhere, because SFH are terrible investments. And taxing them is just going to make housing more expensive and fix nothing.
You could really use some of that free education because this take is absolutely moronic
Wow, that was such a clever statement, you must have so many degrees!
Care to explain the logic behind the housing comment?
Sure, in short housing is too difficult and too expensive to build to keep up with demand. All this is due to government requirements on housing which adds over $100k on average per single family house, as well as it just being a general headeache. And this doesnt even get into the currency manipulation issue.
What requirements though?
And the government doesn’t control monetary policy, so can you expand on that too?
There are probably 1000 different requirements for each small town and then add the state and national ones to that. The requirements will be things like getting an engineering report if you remove more than 10 yards of dirt, or add a roof element that makes the house look good.
The government does control the supply of money via the Federal Reserve. If you are interested I can tell you how it directly makes the rich richer and takes the wealth of the middle class and poor.
Classic conservative
The fed is independent. If you’d like, I can give you a primer on how that works
Let me get this straight, the US controls and funds all kinds of governments around the world but they wouldnt control the fed? "But its a private company!!!" Sure it is, its totally not completely controlled by the government...
It’s not and they have proven as much every single election cycle by not giving into political pressure.
Thats funny because both sides are EXACTLY THE SAME with regards to the fed, and its robbing from the poor and middle class. Literally only a couple people in the two main parties even say anything about how bad the fed is. If you dont know anything about a subject, it would be best to learn about it, but at least dont argue like you know about it.