Economics is just psychology masquerading as a hard science
Economics is just psychology masquerading as a hard science
Rents are skyrocketing because demand is high and we literally do not have enough housing for the number of people we have in the places they live.
Suddenly dumping more money into the economy would just increase the price bar on that demand, and prices would go up more.
Prices can increase for a lot of reasons, and going up from one doesn’t stop them from going up from another.
They could store the families in a separate underwater bunker built on the ruins of a death cult’s sunken wizard tower too.
Next up, they’re going to go scream at the girl scouts on the corner that they’re being exploited
If they were able to meet the actual up/down metrics for the subsidy, I don’t see why they shouldn’t get it. But they weren’t able to do that, so they don’t get the subsidy.
Is this a US thing I’m too French to understand?
I’d say likely yes to this. It’s much easier to centrally govern a more geographically dense and homogeneous country.
In the US we have strong localized government (city/county, state) and the more sweeping Federal government.
And they do submit to central government, that’s exactly what the discussion in this article is about- will the central court decide to strike down their local laws?
For middle incomes in the NCR in DC or MD it’s usually cheaper to get the same thing in VA, on an income tax basis alone.
I can visualize this so clearly and it feels like a fever dream