patrick.net

https://www.coffeeandcovid.com/p/lessons-leared-saturday-january-3

No, the actual extent of Mamdani’s first housing orders could have been lifted from the first chapter of a textbook on Reagan-style supply-side economics. The Mayor didn’t tinker with free market prices on the demand side. Instead, his orders were intended to increase the supply of housing by (1) privatizing public property for use as private housing developments, and (2) cutting green tape, to lower developers’ costs and speed development.

I’m not making this up or exaggerating. Here’s how NBC carefully explained it. First, “the LIFT Task Force (Land Inventory Fast Track) will leverage city-owned land to accelerate housing development, increase supply, and drive down costs.” In other words, he’s going to turn over city property to private developers for new housing. It doesn’t seem like something Karl Marx would embrace.

Second, “The SPEED Task Force (Streamlining Procedures to Expedite Equitable Development) will identify and remove bureaucratic and permitting barriers that drive up costs and slow housing construction and lease-up, making it more affordable to build.”

In other words: deregulation. We noted with great amusement that neither Mamdani nor NBC mentioned which “bureaucratic and permitting barriers that drive up costs” would be “removed.” In this case, it will almost certainly require waiving or rescinding environmental regulations. ...

To be fair, and for completeness, Mamdani also appointed a crazed liberal activist to the city’s “tenants’ rights division,” announced a legal crusade against a particular big landlord (which is already in bankruptcy), revoked several of his predecessor’s orders, and practically gushed with communitarian claptrap.

Don’t get me wrong— Mamdani is a commie. But could he be a different kind of Marxist? Although the proof will be in the socialist pudding, these housing orders suggest he’s trying to lower rents using free-market principles —supply and demand— instead of mandates and edicts.

Put differently, Mamdani’s most significant practical orders —LIFT and SPEED— were conservative strategies. Fascinating! We’ll continue to watch the city’s first socialist mayor’s progress with great interest.

stereotomy says

Patrick says

Charlie blamed the boomers for taking everything for themselves, and leaving nothing for future generations.

I believe this - both my wife and I were denied promotions in our workplaces so that the crotch fruit of the boomers, who were 10-15 years younger with virtually no experience, were given management jobs.

They pulled up the ladder behind them, occasionally reaching down to pick up their children in purely nepotistic fashion.

We'll see how things end up. It's not going to be nice. . .

Plenty of Boomers worked hard to change the world and be successful. That’s IMHO a rash generalization. I would bet the success/failure rate would be the same amongst generations. Boomers were by far the largest generation so it seems like they had an advantage when actually there were just more of them.

https://boriquagato.substack.com/p/trying-to-replace-the-american-dream

SharkyP says

Plenty of Boomers worked hard to change the world and be successful. That’s IMHO a rash generalization. I would bet the success/failure rate would be the same amongst generations. Boomers were by far the largest generation so it seems like they had an advantage when actually there were just more of them.

The Boomer hate stuff is just more foreign division. Not every Boomer was a Yuppie. Sure, there are plenty of jerkass Yuppie Boomers / Boho Bourgeois but they're a minority.

The BoomFuck Curse was all Gen X and the Millenstoners faults for not murdering Boomers for their stuff when they had the chance. Even the death vax hasn't been able to get all the BoomFucks like it was supposed to.

I'm a boomer and I am determined to acquire all of the possessions and wealth of the generations after me.
They must stay poor; they must continue to buy iPhones and new cars, eat out at restaurants, blow cash at bars and travel for vacations.

The problem is not that the boomers didn't work hard, many did and prospered through many boom cycles, but they aren't currently paying their fair share, and too many are never trumplers. Medicare is basically taking money from the younger generations to keep paying for boomer procedures which costs inflate by 10%-20% per year. Kicking the can down the road is despicable, regardless of how poor the work ethic of many millenials and the younger generations may be. As much of a communist dick zoran may be, his election made sense from the viewpoint of many young have nots.

“ when one has too much student debt or if housing
is too unaffordable, then one will have negative
capital for a long time and/or find it very hard to
start accumulating capital in the form of real estate;
and if one has no stake in the capitalist system, then
one may well turn against it.”

I don’t know what America is at the moment but, it isn’t capitalism.

mell says

The problem is not that the boomers didn't work hard, many did and prospered through many boom cycles, but they aren't currently paying their fair share, and too many are never trumplers. Medicare is basically taking money from the younger generations to keep paying for boomer procedures which costs inflate by 10%-20% per year. Kicking the can down the road is despicable, regardless of how poor the work ethic of many millenials and the younger generations may be. As much of a communist dick zoran may be, his election made sense from the viewpoint of many young have nots.

Trump, as an extremely early boomer is really the anti boomer. It’s funny, the Silent Generation…the generation that probably has the most wisdom amongst us, and certainly has the most lived experience, overwhelmingly supports Donald Trump. Boomers and their offspring collectively blew America’s beautiful fuck you position. Trump has restored it. No one is fucking with the US after this one. Notice Russia and China’s lack of anything in response to kidnapping Maduro? Trump has them acting like Biden..:they’ll give a harshly worded response lmfao!!!! They saw it, they grumbled, they sat on their hands and did nothing. Think about it. The US went into another country, took their leader from his home, and he’s now locked up in prison in New York. All without losing even one American life. And he even got the Dems, and their idiot boomer voters, to protest on behalf of a despised dictator!

Like I said, the anti boomer.

Btw, a couple years ago, I got like a thousand downvotes on a prior Reddit account when I said that the US government is gangsta, idiot Democrats blindly clutching to the idea that Joe Biden had any sort of integrity.

I’ve never seen anything more gangsta than openly waking up and kidnapping a president from another country!

Btw, for those of you unfamiliar, overall negative accounts basically can’t post on Reddit. You have to make a new email address and new account. Democrats weaponize it to silence dissenting opinions, all the while chanting “no kings” lolz!