I was gonna title this “And here I sit so patiently waiting to find out what price you have to pay to get out of going through all these things twice” and then write “Stuck inside of America with the fascism blues again” here, but I’m not sure if that comes off like gloating and that’s honestly the last thing I want to do this morning.
That was only the end of it though. Through most of it, many aspects of the economy were better, for most people. He was just as complicit in why inflation, housing costs, etc. got so bad. However, do you think most people understand how the free money given, mostly under Biden, as a stimulus to the populace, had little effect on the inflation vs financial institutions drowning in oceans of free money, for 20 years? Do you think most people are even aware that was going on? Do you think most of them understand how private equity, and changes in its regulation, caused the housing cost crisis, and not supply being overwhelmed by the demand of immigrants?
I talked to someone I used to do underwriting, for things like mortgages, a few months back. He bought the immigrants buying up all the housing line. He just refused to believe private equity, something he definitely understands, is responsible, regardless of the fact that even those private equity institutions’ data say they are at fault. It is much easier to say “housing unaffordable, close border” than to have to address the massive systemic changes that need to be made.