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836

How do governments not understand basic economics?

How do governments not understand basic economics?

(post is archived)

[–] 1 pt
  1. They don't care, a politicians income is guaranteed and is not based on how well the local economy does.
  2. Their income comes from violent theft in the form of taxes so they don't care about customer satisfaction.
  3. Their voters think that wages aren't high enough, when really it's the cost of living that's too high because of government regulations preventing new housing to be built and taxes.
  4. So idiot people vote until their death for higher wages that politicians and union leaders promise, and then they believe in socialism and they end up in slums.
[–] 0 pt

California doesn't have laws preventing housing construction. In fact, it's the opposite. The state has dictated to each city how many houses they must build in the next 5 years or get fined $10,000 per day. Cities are not allowed to decide whether they want more houses or more condos, it's mandated.

[–] 0 pt
[–] 0 pt

No, they don't. Post a link to the law. I'm not watching some illiterate asshole's video.

https://abag.ca.gov/our-work/housing/rhna-regional-housing-needs-allocation

[–] 0 pt
  1. Their voters think that wages aren't high enough, when really it's the cost of living that's too high because of Inflation and the "Federal" reserve. FIFY