Some personal news: I’m joining Business Insider as a political reporter starting Monday and I’m very excited for the move. I’ll be doing a combination of the same blogging I’ve been doing at this site plus additional in-person reporting.
Political Algebra isn’t going anywhere, but I will no longer be writing new posts here. I’ll try to update every so often with a selection of my favorite pieces over at BI. Definitely check there frequently for new content from me and the many all-star writers at the site. I’ve had a tremendous amount of fun writing here and I’m very grateful for everyone who has commented and interacted with me, either on the blog or via Twitter. Gaining blog views is difficult with the sheer amount of content readily available across the web so I’m also very thankful for everyone who spread my work. It’s been a privilege to contribute to political and policy conversations from this blog and I am looking forward to continuing to do so at Business Insider. Thanks for reading!
12 thoughts on “Personal Announcement”
Your article on housing aid was way, way WAY off the mark. Comparing government aid to mortgage deductions makes no sense. Actually, just go read the comments that have been left here:
It blows my mind how completely clueless they can be about finance and economics, you included… It is no wonder we’re in such a mess… You need to get a clue.
excuse me, how completely clueless people can be… Many of the commenters are spot on.
Your comment regarding housing aid was enlightening. I pay over %50 of my income in rent. And I’m on disability. I go without a lot of things just to have a roof over my head. Thanks for your article.
Enlightening? Maybe for you, but it was still wrong. The writer is saying that people like you deserve free money while people who actually buy homes don’t deserve deductions on the taxes the pay based on interest payments. Those two are unrelated.
The rich do not get housing aid, period. The government doesn’t spend a dime on these people. It just means they pay a little less tax than what they would otherwise have paid had they not bought a home. That’s a win-win-win for the homeowner the people and the government. These tax breaks are limited in nature and get smaller and smaller as a person makes more and more. Pretty much anyone in the 1% doesn’t get these breaks, yet he’s blaming it on the “rich”.
If you want to eliminate the breaks from potential home buyers the be prepared for a very significant downturn in the housing market which will be just wonderful for the economy and will end up costing the government more money that it will help.
As for the other part of his complaint that the poor don’t get any help. They get the same help and likely more since they make less money, but the help he wants to give them is free money, money that comes from other people. This does nothing to help the economy and only further burdens it.
One reason you pay 50% of your income on housing is due to government interference. Government interference caused the housing bubble leading up to 2008 and subsequently prevented prices from correcting fully. So for the moment we’re still left with homes that are artificially still too high. Other reasons you pay so much depend on where you live. If it is in California then wow you are in one of the worst places to be since government has everything to do with the home prices there and not in a good way.
If you want prices to be fair you’ll have to live in a place where housing is in low demand or start voting for candidates who are more supportive of freer markets in housing and the economy, and no I am not suggesting you vote republican.
This is the perfect web site for anybody who would like to understand this
topic. You realize so much its almost tough to argue
with you (not that I actually would want to…HaHa).
You definitely put a new spin on a topic that has been written about for ages.
Wonderful stuff, just wonderful!
There is a wide array of the latest in entertainment news and movie news hitting the scene at your disposal.
Movie essay writing can be a very interesting assignment because you don’t have to spend hours and hours into research work.
Since you’re interested in watching online movies on television, you do not want to compromise on the Internet connection speed
Hi, Neat post. There is an issue with yoir website in web explorer,
migyht check this? IE nonetheless iss tthe marketplace
chief and a huge component of other peple
will leave out your great writing because of this problem.
buy likes instagram cheap
Ahaa มัน ดี การสนทนา เกี่ยวกับ ในหัวข้อนี้ บทความ ที่นี่ ที่
นี้ บล็อก ฉันได้อ่าน ทุก ที่ดังนั้น ตอนนี้ ในเวลานี้
ฉัน ยัง แสดงความคิดเห็น ที่นี่ สถานที่แห่งนี้ .
100 years of expertise and research has made the Wahl Clipper Corporation the very best.
Every program has a specific purpose, but they all use
similar therapeutic practices to illicit positive lifestyle changes
from drug abusers. I would have expected it to turn on for at
least a moment or so, even partially charged.
I relish, cause I found exactly what I was looking for.
You have ended my 4 day lengthy hunt! God Bless you man.
Have a nice day. Bye
I’m not sure where you are getting your information, but good
topic. I needs to spend some time learning more or understanding
more. Thanks for fantastic info I was looking for this info
for my mission.