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Tag Archives: economy

Why Middle-Class Americans Can’t Afford to Live in Liberal Cities

I was just in San Francisco and prices and rents are INSANE. The city will not allow any new development and as such the hyper-liberal city is home nearly exclusively to the rich.

There are exceptions. There is a huge homeless population. But for those with mailing addresses the cost of living is astronomical. This is common in many “liberal” cities. Why is this?

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Either liberty or the IRS (You can’t have both)

The thing is many people don’t care about liberty. They care about being fed. (As everyone should.) They care about making people “pay their fair share.” (And what is this “fair share”? Seems like a “fair” share would be a lot less than what most taxpayers pay today.) They don’t care about state sanctioned theft. They don’t care because often they are the beneficiaries of that theft.

Before you go thinking that I am targeting people on welfare I will tell you that I am more concerned with corporate and institutional welfare than the run of the mill kind. Much more concerned.

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Bloodbath? CNN: 7 in 10 Americans are angry at the direction the country is headed

I hate that it’s a 0 or 1 binary political situation, Democrat or Republican, Coke/Pepsi, and in some ways it’s not. The Libertarian Party has made huge headway in many places this year just by simply saying and reflecting what people actually believe. The guy in the North Carolina Senate race is awesome.

Below is my sense of the political landscape at this moment. I do not necessarily agree with all of these sentiments but it is where I think the country is right – and I mean right – now.

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Has the government just lit the fuse on another atomic housing explosion/implosion? Probably.

The title of the attached article is, “Can’t Afford a House? Don’t Buy One.”

Seriously, don’t. I say this as someone who owns a house which is a little bit too small for his family and who would love to have people clamoring at my door with offers so I can in turn get a little bit bigger house. But if you can’t afford a house, if you don’t have a down payment, if your income has been wobbly, if you have a pile of student debt, save yourself the trouble and don’t “buy” a house. It’s just not worth it.

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Political entrepreneurs vs the real entrepreneurs

We are regulating our economy to death. One of the main reasons why there is an increasing disparity in wealth in this country is that the crony class is wrapping the middle class and the merchant class – the entrepreneurial class – in red tape. Pay a tax here. Pay a fee there. Do you have a license to do that?  It is harder and harder to build a business – something which is plenty hard to do without the crushing weight of the state.

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