Joe Biden's administration has been incredibly successful at steering the economy away from recession
  • HomerianSymphony@lemmy.worldBanned from community
    2311·
    2 years ago

    Note the complete absence of any mention of housing prices in this article (and every other pro-Biden article about how great the economy is and why we should be grateful).

        • MagicShel@programming.dev
          12·
          2 years ago

          Respectfully, two things:

          1. Biden has done something to reduce housing prices, which was my point. It’s a whole different argument to say he hasn’t done enough or has done the wrong things - fine, I was just saying it’s unfair to say he has done nothing to help.
          2. Zoning and loan structure isn’t nearly the problem that wealth inequality is. Tax the fuck out of the upper income brackets, and put it in the hands of consumers to spend and drive the economy and buy fucking houses.
          • I_Has_A_Hat@lemmy.world
            21·
            2 years ago

            Have you heard of executive orders? Sure he can’t do it directly, but imposing a 100% tax on corporations/individuals buying more than a certain number of residential properties? A large tax on rental income from residential properties? Quit acting like he’s powerless.

            • Billiam@lemmy.world
              2·
              2 years ago

              The President can’t impose taxes, bud. That’s Constitutionally delegated to Congress.

              Now, if you said “use the military to arrest any corporation that owns more than five residences” you would have a case.