Sculptor wrote: ↑Thu Mar 21, 2024 4:14 pm
Okay - so this part is true.
But moronically you blame "the left" because you are programmed to do just that.
When did all this start?
1) Milton Friedman writes on his new economics.
2) The big test case is enacted in Chile by General Auguste Pinochet.
3) Thatcher/ Reagan adopt that system.
4) Result mass unemployment. Drop in workers rights. End to union power. Property price on upward tragectory.
5) Massive increases in inequality as home ownership stretches out of the reach of ordinary people.
6) Mrtgage deregulation. boom bust economics. all increases inequality.
7) Left parties are forced to move to the right as media is owned by the rich and parties have to pay their dues to the likes of Murdoch. whilst the left mitigate some of the damage, the rich continue to grow richer.
9) Increases in homelessness, more zero hour contracts. less medical insurance.
Inflation is the primary cause.
Feminism is a partial cause, because it lowered men's wages. Men are expected to be responsible for house payments and mortgages, not women. Furthermore, Divorce cases favor women, meaning that men's alimony goes toward the house and mortgage, which goes to the woman.
Illegal immigration is a further cause, because it lower's natural citizens' wages.
The Neo-Conservative Right, however, was mostly responsible for shipping high-wage manufacturing and factory jobs overseas or to Latin America.
These are the main reasons why the American Middle Class is now gutted, non-existent, and most young people below age of 50, do not, cannot, or will not afford to buy houses...most will now rely on Inheriting property from their Baby Boomer parents, when they die-off.
I have no idea where you got those statistics, but the fact that housing prices have gone up does not invalidate the notion that people ALSO spend more money on WiFi, Cable TV, eating at restaurants, owning two cars, etc. etc. It seems likely that both are correct.
Also, this website disputes your "average rent" stats: Average (mean) is $1372 and the median is $1747. I didn't bother looking up the stats for past averages, because I don't much care.
When Kathy Griffin posted a photo of the then-sitting president’s decapitated and flaming head, she was cancelled for years, but when he posts a photo of the current sitting president being kidnapped and driven in a truck to his execution, Trump has a campaign for the presidency.
whilst the left mitigate some of the damage, the rich continue to grow richer.
