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Reply to "Democrats getting a lesson in Economics 101"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Rent goes up: Capitalism! Material cost go up: Capitalism! Labor goes up: OMG SOCIALISM![/quote] Rent goes up because Democrats enact rent controls which removes incentive to build more housing. Material costs go up because of inflation. Inflation caused by printing money and other broken dem policies. Labor goes up — if you bring value and a company is willing to pay for it. Flipping burgers doesn’t require any skills you can’t learn in one day.[/quote] Please stop with your ignorance. I'm originally from CA. I was just there over spring break. They have been building new housing like crazy - mix of sfh and mfh, and strip malls. Zoning in most of CA allows from a lot of mixed use housing and commercial space. Inflation is a complicated beast and is being felt worldwide. You are saying that every country has printed too much money and has dem policies? Please. But, ITA that the labor wage increase was one of those unintended consequences that was obvious from the get go. https://www.yahoo.com/finance/news/california-minimum-wage-shocks-fast-135039136.html People are losing their jobs. [/quote]
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