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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] Rent goes up because zoning and NIMBYs curtail new housing proposals and development. Materials are a global issue. Inflation is lower in the US than anywhere by Japan. The costs are supply and demand. Capitalism. Labor goes up because there are not enough workers to fill the jobs, so employers have to pay more to attract and retain.[/quote]
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