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Thread: Poverty is about mindset !!!

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    Re: Poverty is about mindset !!!

    Quote Originally Posted by TheEconomist View Post
    That comment frames the problem considerably better than the Twitter post you provided earlier, or even how most people in the news frame it. It's also a more intuitive way to put the problem than being concerned with "inequality" proper. Most people tend to intuitively care about a certain sense of fairness, understood as a proportionality restriction. They're not shocked by a lottery winner or someone who built a business of their own. What they do not like is the sense of someone cheating, rigging the board through either illegal or even some legal means.

    Connolly, Corak and Haeck (2019) just published a paper on intergenerational mobility in the US and Canada. A copy of the paper prior to its publication is available without the paywall here. It might be interesting to you. Marie Connolly and Catherine Haeck usually do very good work, though our interests are very different. Fun fact, Marie actually taught me two courses as an undergrad: statistics and introduction to econometrics.
    ---Thanks.
    A paper like that demands the time to really sink one's teeth into it.
    I'll do that tooth sinking later tonight.
    Quote Originally Posted by EMNofSeattle View Post
    If we just got rid of democracy, or severely limited it to only those worth 1,000,000 or more this wouldn’t be an issue

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    Re: Poverty is about mindset !!!

    Quote Originally Posted by TheEconomist View Post
    It's not exactly hard to drive housing prices down: you have to find a way to make investing in real estate development more profitable so that someone wants to increase the supply of housing. It's the only thing that will drive prices down. However, if your tax code is not very attractive and you have quirky regulations that make maintenance, ownership or even building new housing costlier, that's not going to happen.

    To be fair, I didn't look into the details thereof, but I'm almost sure politicians in California parroting slogans about slamming the rich adopted laws which, on the surface, might seem to be about protecting history, the environment or the little guy, yet which deep down helps only a handful of conveniently rich campaign contributors. It wouldn't surprise me if a large part of soaring prices in those cities, as well as the homelessness problems, were caused by stupid policies that are supposed to fight those problems.


    "To be fair, I didn't look into the details thereof,"

    To be fair, if you can't or won't back up your own words, shut-up. But you didn't, so your claims are unfounded and dismissed for lack of evidence. You can't back up a single one and you owe it in debate to provided the proof of all of your own claims.

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    Re: Poverty is about mindset !!!

    Junk bonds not junk laws!

    New Cities in more optimal locations or new seawalls in more optimal locations instead of any less useful landwalls that do nothing to promote the general welfare.

    We could help green our environment at the same time.

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    Re: Poverty is about mindset !!!

    Quote Originally Posted by bluesmoke View Post
    To be fair, if you can't or won't back up your own words, shut-up.
    Oh, dear... Are you looking to flatter a bruised ego?

    Quote Originally Posted by bluesmoke View Post
    But you didn't, so your claims are unfounded and dismissed for lack of evidence. You can't back up a single one and you owe it in a debate to provide the proof of all of your own claims.
    Yeah, sure, because nobody on this forum is riding off assumptions to see where they lead and I have time to write a report on the state of housing in Southern California. I proposed a few ideas. Get over yourself. The only thing you have demonstrated thus far is that you seem to be very passionate about people suggesting bad housing regulations in large urban areas might have something to do with soaring prices.

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    Re: Poverty is about mindset !!!

    Quote Originally Posted by TheEconomist View Post
    Oh, dear... Are you looking to flatter a bruised ego?



    Yeah, sure, because nobody on this forum is riding off assumptions to see where they lead and I have time to write a report on the state of housing in Southern California. I proposed a few ideas. Get over yourself. The only thing you have demonstrated thus far is that you seem to be very passionate about people suggesting bad housing regulations in large urban areas might have something to do with soaring prices.


    But you don't know what that bad housing regulation is. What makes it bad. In fact, you don't even need to know yourself if you're right or not. You ride so hye on ors, your word is not debatable and cannot be questioned.

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    Re: Poverty is about mindset !!!



    That was interesting and exotic. That living in tents isn't even possible here, mostly because of cold winters (by cold I mean when it's colder than -13 F). When I'm camping at winter time, I have always 2 sleeping bags (both thick), but sleeping bag is losing some insulation power if you can't keep it dry - so whole winter in tents is nightmare even with decent equipment (= will cost a lot).

    I'm glad there is so many voluntary people helping poor in US. Still, poverty in different places is different - in Africa, India, NK... it's much worse. I'm not saying it's not bad in US, poverty always sucks, even here where we have pretty solid safety net.

    We have same problems here in Finland when it comes to rent (it's not that bad yet, but getting worse). In some areas 30 square meter (around 322 square feet) apartment can cost you around 1000€ / month and I'm currently paying 520€ / month from 77 square meter (828 square f?) apartment (with own sauna, that's big thing for Finn) - so difference is just ridiculous. I'm not sure, but is it really good thing (in long term) if rent is always and everywhere unregulated? What I think, we need some here in Finland, it's getting out of hand in Helsinki. If land lord can rise rent as he likes and when it's happening in every city (nightmare scenario) there's lot of people with serious problems as they have less and less money for food, etc.
    Fiat iustitia, et pereat mundus

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    Re: Poverty is about mindset !!!

    We need people with "rich personalities" in public office!

    We have a printing press at an official Mint and allege to subscribe to Capitalism.

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    Re: Poverty is about mindset !!!

    Quote Originally Posted by danielpalos View Post
    Junk bonds not junk laws!
    Everyone has a problem with junk laws. The issue is that it is hard to come to an agreement about which ones are junk laws.

    Quote Originally Posted by danielpalos View Post
    New Cities in more optimal locations or new seawalls in more optimal locations instead of any less useful land walls that do nothing to promote the general welfare.
    First of all, infrastructure is extremely costly, so we tend to privilege updates and improvements to tearing everything down. It's one major reason our largest cities tend to be close to ports: large sunk costs create a geographic form of path dependence. It takes very large and unusual changes in the economic environment to break that effect. A once-in-75 years economic crisis and a near-collapse of the automobile industry more or less killed some large cities in the Midwest, but that's the exception and not the rule.

    If you really believe you can benefit people by introducing large urban development in certain areas, why wouldn't you take up the project yourself? Nothing is stopping you from finding partners, digging into the relevant data and come up with a solid plan to make it happen. Look, if the idea is good and really benefits people in a serious way, someone will be willing to pay to get those benefits. If enough people are willing to put enough cash upfront, this means your initiative really can help people because people want to pay what it takes to make it happen. No politician ever needs to be involved. No activism is required. On the other hand, if none of the above works, it's a sign your good idea might not be so good after all. If you are thinking you could use public funds for force massive social engineering experiments like creating new cities, congratulations, you are like dictators in China and North Korea, forcing people to do things they don't want to do to achieve goals you think will benefit them, yet won't.

    Second of all, seawalls and walls on land serve very different purposes. Using one does not preclude the other. You probably believe you're in a sort of crusade against the force of evils working in Washington to undermine the lives of minorities. In the real world, things are very different: most people don't care about all immigrants and are only concerned by people who come illegally into their country. That is universally true everywhere and not just in the US. Canada is routinely depicted as populated by excessively polite and kind people, but we have immigration laws and we don't joke about enforcing them. Even when people are squeaky about the details or circumstances surrounding the application of the law, the laws are enforced. It doesn't make the news. Justin Trudeau deports people, Stephen Harper deported people, and all others before them deported people. It also happened under Obama in the US, Bush, Clinton and everyone else before them. And it also happens in all of Europe... What is this idiotic obsession with not enforcing laws? If people cross the border outside official points of entry, they violated the law. Trump's point is that slowing them down might help catch a few more and scare the others. It's hard to not believe that people who usually are poor will not be slowed down by physical barriers. It is expansive, but you have to set that cost against the background of the costs of letting people enter illegally. It's at least a burden on the legal system. Moreover, the subset of people WHO CHOOSE to cross illegally is probably more densely populated by criminals than the subset of people who choose to do it legally. Almost all the people nobody wants to see crossing in the US is among the group of illegals. Even if most of them are just looking for a better life, the fact of the matter is you cannot believe all of them are just fine people. That is a risk you can manage by making illegal crossing harder and costlier.

    The intuition behind the Republican position on the border wall is not wrong in any obvious manner. We'd have to actually crunch the numbers to see if the presumed benefits really outweigh their costs.

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    Re: Poverty is about mindset !!!

    In general, the case may be that we simply need fewer laws if we use more junk bonds.

    We could start with areas already being flooded. Seawalls will improve the usefulness of the area. That adds value.

    The point about "illegal immigration" is that there is no social Power delegated by the People to our federal Congress over the whole and entire concept of Immigration in our federal Constitution.

    And, the "evil comes from the practice of the abomination of hypocrisy by the right wing in abortion threads concerning natural rights."

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