The “Affordability Crisis”…Dems and Mamdani pretending it’s not related to illegal aliens. Why pretend?

[BrokeLoser]

How did YOU find a sane person who would tell you what they have been talking about?

By that standard YOU sure as hell are no American.

Come on man…Engage, exchange some meaningful dialogue. Don’t be scared.

 

[Darkwind]

When Biden took office inflation was 1.4%. In 1 year it was 9.1%. How did that happen. Bidens war on oil drove up energy costs and manufacturing costs. Then he spent trillions on the American rescue plan which wasnt needed. GDP was 6.4%. We had strong recovery thanks to Trumps economy. That ,money was debt based so Biden had to print trillions and dump it in the economy. Then Biden spent more money he had to borrow which means more inflation. You can argue Biden was to impaired to know what he was doing. But whoever was running the country ran the economy right into the ground. Maybe that was Obama.
Viruses cant cause inflation. Idiots cause it and idiots make dumb excuses like Putin did it, and its transitory
Bidens out Trump is in and inflation is slowing. How about that.

It happens because of politicians like Robert Reich.

Politicians such as Robert Reich portray wages as a magical lever, suggesting we can raise or lower them at our discretion. In reality, wages serve as signals within our economy, reflecting market forces rather than whimsical adjustments. Supply, demand, required skills, productivity, and competition drive wages upward or downward. When the labor market floods with candidates willing to work for less, wages decline. Conversely, when employers compete for a limited pool of workers, wages increase. These changes follow economic principles, not moral judgments.

What truly renders wages insufficient is the government’s role in escalating the cost of living for Americans.

Consider housing: policies that restrict zoning, impose lengthy permit processes, enforce height limits, and entangle development in red tape drastically limit new construction. These interventions artificially suppress housing supply, fueling soaring rents by distorting the natural forces of supply and demand.

Examine energy costs: elected officials shut down pipelines, curtail drilling opportunities, and indulge in regulatory excess. These decisions drive up energy prices, which in turn raise the cost of goods across the economy.

Review taxation: the government deducts a significant share from every paycheck before it reaches workers. Federal, state, payroll, Social Security, Medicare, property taxes (embedded in rent), sales taxes, gas taxes, and utility fees each contribute to the erosion of the value of earned wages. Yet politicians direct blame at employers rather than confronting their own fiscal policies.

Observe inflation: businesses do not print trillions of dollars; the government and the Federal Reserve do, injecting money that undermines the purchasing power of wages more than any action taken by private industry.

One essential fact remains absent from Reich’s analysis: nearly 75 percent of American businesses employ fewer than ten people. This reality belies the simplistic narrative of “Rich versus Poor,” revealing instead that both workers and small employers struggle under the weight of onerous government policies. Increasing taxes and expanding regulations have only amplified the nation’s economic challenges.

Small business owners fight to survive under the very conditions those policies created, alongside ordinary Americans burdened by high costs.

The government created the exorbitant cost of living. The government inflated prices. The government drove up rents, energy prices, and taxes. Yet those advocating socialist solutions blame wages, ignoring the crisis affecting employers and employees alike.

Wages do not cause today’s economic hardships. Harmful government policy does.

 

[kyzr]

Dipshit lied about Biden's "war on oil". I obliterated that bullshit.
As for the rise of the price of gas, I have destroyed that "BECAUSE BIDEN" bullshit, too. Many times.
After the pandemic, Russia, Saudi Arabia, Venezuela and other OPEC countries kept their oil outputs at pandemic levels. Despite the surge in post-pandemic demand.
Even an idiot like you should have been able grasp that affects the entire global market. If only your lying propagandists had told you about it.
Like I said. Too many moving parts for your bumper sticker intellect to grasp.
Announcements from several OPEC+ countries extend reductions of some 2.2 million barrels a day, the secretariat for the multinational organization noted Sunday. Saudi Arabia led the pack by extending its previously-implemented cut of 1 million barrels a day through the end of 2024’s second quarter.
The extension, which was first shared by the state-owned Saudi Press Agency citing a Energy Ministry source, means the kingdom’s crude production will stand at about 9 million barrels a day through the end of June.
Also on Sunday, Russia announced an additional voluntary cut of 471,000 barrels per day for the second quarter — across a blend of production and exports.
Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman will be continuing reductions as well, according to OPEC’s secretariat, in smaller amounts.

The OPEC+ countries participating in production cuts, which have gradually piled up since October 2022, have pointed to goals of balancing the oil market — noting that volumes will be gradually returned subject to market conditions.
Saudi Arabia said Sunday it will cut oil production by 500,000 barrels per day from May until the end of 2023, a move that could raise prices worldwide.
OPEC+ makes big oil cut to boost prices; pump costs may rise[/HEADING]

The OPEC+ alliance of oil-exporting countries decided Wednesday to sharply cut production to support sagging oil prices, a move that could deal the struggling global economy another blow and raise politically sensitive pump prices for U.S. drivers just ahead of key national elections.

Energy ministers cut production by a larger-than-expected 2 million barrels per day starting in November after gathering for their first face-to-face meeting at the Vienna headquarters of the OPEC oil cartel since the start of the COVID-19 pandemic.
Meanwhile back in America, Biden was increasing US oil production to the highest level EVER. Dipshit.

1. You can't make excuses for Biden's bad energy policies. He declared war on fossil fuels. He canceled two LNG plants, the KeystoneXL pipeline, he fucked Joe Manchin's Mountain Valley pipeline, he sold SPR oil to China TWICE, he closed ANWR, and the bottom line is that he raised gas prices by 48%, period, full stop. FACT.

2. You Never-Trumpers are the root cause of today's affordability problems by electing Biden and the democrats, punishing the lower half of incomes.
Hope you are satisfied.

 

[Harry Dresden]

They will also ignore over regulation, over taxation, excessive fees, and bloated local government.

sounds a lot like California....

 

[Thinker101]

sounds a lot like California....

Ain't that the truth.

 

[Unkotare]

I know you are but what am I.

That's about your limit.

 

[kyzr]

I was just about to start a new thread called "Are Sanctuary Cities creating their own "Affordability Crisis"?

Then I saw this existing thread, which also sees the problem, the Law of Supply and Demand says that when demand increases, and supply is the same, PRICES RISE.

The affordability crisis is the democrat's own doing.

The solution is removing illegals, reducing the demand, and get prices back to normal.