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43
NPR: Why is the Biden administration increasing the cost of building houses? (archive.md)
posted 4 years ago by Ahaus667 4 years ago by Ahaus667 +43 / -0
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▲ 25 ▼
– deleted 25 points 4 years ago +25 / -0
▲ 16 ▼
– ailurus 16 points 4 years ago +16 / -0

You will own nothing

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– deleted 12 points 4 years ago +12 / -0
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– Ahaus667 [S] 20 points 4 years ago +20 / -0

Apparently NPR forgot how a socialist economy works but don’t worry!

Speaking with Reuters, she said that tariffs tend to increase prices for consumers and businesses. Lowering tariffs, she said, would have a "disinflationary" effect. Last month, two dozen business groups wrote an open letter to Yellen and U.S. Trade Representative Katherine Tai, urging the Biden administration to cut tariffs on Chinese imports as a way to combat inflation.

Yes comrades! The best way to fight terrible internal economic policies is to import from China!

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▲ 10 ▼
– realerfunction 10 points 4 years ago +10 / -0

oh look, an ethnic chinese woman acting in the interests of china over the us.

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– Xzal 7 points 4 years ago +7 / -0

If house prices go up, so too does the amount they take in tax.

And that doesn't just mean from the sale of a home remember. That's tax on the workers income who built it, tax in the materials used. Tax on the land bought, tax on the utilities hooked up, tax ok the company building, tax on the state if it doesn't meet certain criteria or purpose.

As a double dip, if the housing is being built by the city/state as social housing, that means the government can pay itself its own set inflated rate, tax it and magic up money. Well. I say magic, really it translates to inflation going up 1% every year, wage depression and a tax hike to "pay for all these wonderful things".

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– PizzaExpressInWoking 3 points 4 years ago +3 / -0

Biden is a nazi

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– DefinitelyNotIGN 2 points 4 years ago +2 / -0

Only if the nation he's nationalist about is China.

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– when_we_win_remember 1 point 4 years ago +1 / -0

They followed the money a bit. But US Lumber is no long term ally of the Democrats. They're the reason the US lumber industry barely exists. There's a whole state full of trees that we can't cut because Democrats suck. Not to mention most of the land in the West being National Somethingorother.

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– deleted 2 points 4 years ago +2 / -0

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