this post was submitted on 06 Nov 2024
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United States | News & Politics
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Trump blew a pandemic response so badly that morgues were overflowing, so he was punished by voters accordingly. Meanwhile the Dems had a lackluster response to massive inflation so those same voters punished them accordingly. Had Biden gone after price gouging companies, housing speculators, ans pharmaceutical companies, he would have had massive success.
I wouldn’t call the inflation reduction act “lackluster”. Grocery prices stabilized and wages rose to meet them.
I agree that I’d like to see actions taken to fix housing prices — but I think a lot can be done from the local level. Cities and states should enact an “empty property tax” to encourage investors to rent or sell. And cities should be enforcing already existing regulations around AirBNBs. These are just hotels using a pseudonym to skirt existing zoning and tax laws.