this post was submitted on 21 Jan 2024
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The actual problem isn't that the wages are low, but that the standard for living is so expensive. That happens because of government decisions: zoning restrictions, bureacracy, high taxes to mention a few. These decisions always hurt the lowest income bracket the worst while benefitting the higher brackets. If we let markets flow naturally, things like this would be greatly improved.
Trying to fix all that with rising minimum wage is like trying to fix a dam you built out of straws with bubble gum.
LMAO no, taxes used correctly would end up solving most of these problems. Government influence in housing markets would solve these problems.
Letting Nestle draw even more drinking water to turn into mountain dew doesnt.
You can argue about other points about bureaucracy and taxation perhaps but government influence in housing markets literally creates the problem in the first place, consistently every time it has been done. And all of these instances have been documented and can be verified from data. It's completely uncontroversial.
Also, you have a rectal issue. You should look into that.
LMAO you are delusional.
The housing market in the US is fucked because we let people do whatever the fuck they want.