house prices are high, yaaayyy
I get the “good” in this but we are a three person family on a single income with $100,000 of student loan get. This guy can get fucked.
"House prices have never been higher, and most homeowners have more equity in their homes than ever." Yeah I hate this part in particular. "Damn, if you owned a home before the pandemic or got one early on during it, you have made bank" Housing should not be an investment, let alone a commodity.
I hate to say it but the only comparable economy I can remember is the late 1990s. And this was what happened next - described in the most prescient article I can ever remember reading. Yes, it was satire. It also came almost entirely true exactly as lampooned. theonion.com/bush-our-lon...
WASHINGTON, DC–Mere days from assuming the presidency and closing the door on eight years of Bill Clinton, president-elect George W. Bush assured the nation in a televised address Tuesday that "our lo...
The 2 "weak points" entirely controlled and manipulated by Republicans. Housing prices (RealPage), and retail prices (Corporate price gouging). In both cases, they assumed Biden would be blamed, and were largely correct!
Mark is a vile, horrible person.
NYT: Here's why this is a problem for Democrats.
This is the proof. No other country had a shallower downturn from COVID or a more rapid recovery. Policy matters. And you don't get good policy unless smart, public-minded people win elections. As we did in 2020.