Alexandria Ocasio-Cortez |
...she is calling, with passion, for universal rent control.
Notes Ben Steil:
Look at the conviction in her eyes, her entire body, as she tells us that "universal rent control" will fix a housing shortage.
It is really hard to believe that this woman has a college degree in economics. She has no understanding of supply and demand economics or how rent control can destroy.
It really appears as though she is one of the most naive advocates of rent controls around. She seems to really believe that she can order rent prices frozen and it will solve all the big city housing crisis.
She should really watch this which takes the thinking process on rent controls to a bit deeper level.
Or maybe, she should just think a bit about what two top-ranking academic socialists said about rent control.
Nobel Prize-winning socialist economist Gunnar Myrdal stated, “Rent control has in certain Western countries constituted, maybe, the worst example of poor planning by governments lacking courage and vision.” His fellow Swedish economist (and socialist) Assar Lindbeck asserted, “In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing."
-RW
I don’t think she is incapable, just unwilling, to take the thinking level deeper. Politics and politicians die when they try communicating policies based on deep thinking. Emotions are the realm of politics. Emotions can be dampened with thought. Thinking takes effort. Actions based on thought take a lot of effort. Emotional reactions are as effortless as the pupil of the eye adjusting to light.
ReplyDeleteshe is doing everything possible to make sure trump wins reelection like the other democratic candidates
ReplyDeleteKeep going you nutjob ... you need to be poster woman for crazed socialist politicians! The more insane you are the better.
ReplyDeleteHousing has become so expensive(renting) since the crash of '08 that it eats up most of what people make. The entire problem is the fed and it's control over the US.
ReplyDeletePeople want to work but have to take govt. assistance. NAFTA was front and center in creating this mess.
She hasn't a clue of what she speaks. I guess she's unaware the Soviet Union literally collapsed from not being able to produce.
Combine the Fed controlling the money and such as NAFTA and we're headed the same way.....with her fool belief the money will come from "rich" people. She'll never get a dime from the people who control the world, this country included. We, the taxpayers, have to pay for every boondoggle govt. comes up with. Trumps tax cut was a great....for those with good investments who probably didn't even have to think about a job. They're living on the backs of the poor. Nothing changes but the view of idiots such as her.
There were a couple people who could have done this country all the good, Ross Perot and Ron Paul and they were both cut out by their own parties. The more things change the more they stay the same.....up to a point. We're on the verge of civil war. Well, that oughta change things but I don't want to see it.