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Response to Achilleaze (Reply #1)

Fri Jun 7, 2019, 08:54 AM

5. Under Obama, the RW pundits

and even many in the business media, considered anything under 250,000 jobs created/month as "weak", "anemic", "lackluster".

(of course they could counter - "Well it's 'full employment'".... )

But as a sidenote, there is something pretty disturbing going on "under the surface". I noticed just here in Philly, an increase in armed robberies and gang-related shootings... plus I saw a pretty contentious thread about the increased homelessness issue going on in California - notably L.A. - which as a warm-climate locale, tends to attract people in general, but then far too few can afford to live in or anywhere near the city.

So it's not just about "employment" but the income associated with it when you have builders continue to insist on building for the middle/upper middle classes (their claim being that they make little or no profit from building moderate-priced housing), resulting in a scarcity of affordable housing for the least among us. And with that scarcity forcing people into rentals, you end up with a landlord market, with the ability to charge out the wazoo due to the increased demand but limited supply (old fashioned supply/demand).

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Arrow 24 replies Author Time Post
BumRushDaShow Jun 2019 OP
Achilleaze Jun 2019 #1
OnlinePoker Jun 2019 #4
LineLineReply Under Obama, the RW pundits
BumRushDaShow Jun 2019 #5
watoos Jun 2019 #2
oldsoftie Jun 2019 #3
watoos Jun 2019 #7
oldsoftie Jun 2019 #19
watoos Jun 2019 #6
bronxiteforever Jun 2019 #8
mahatmakanejeeves Jun 2019 #9
BumRushDaShow Jun 2019 #12
smb Jun 2019 #10
mahatmakanejeeves Jun 2019 #11
progree Jun 2019 #15
IronLionZion Jun 2019 #13
oldsoftie Jun 2019 #20
progree Jun 2019 #14
BumRushDaShow Jun 2019 #16
progree Jun 2019 #18
TexasBushwhacker Jun 2019 #17
Bengus81 Jun 2019 #21
progree Jun 2019 #22
mahatmakanejeeves Jun 2019 #23
BumRushDaShow Jun 2019 #24
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