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batboyblog · 6 months ago

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Things Biden and the Democrats did, this week #26

July 5-12 2024

The IRS announced it had managed to collect $1 billion in back taxes from high-wealth tax cheats. The program focused on persons with more than $1 million in yearly income who owned more than $250,000 in unpaid taxes. Thanks to money in Biden's 2022 Inflation Reduction Act the IRS is able to undertake more enforcement against rich tax cheats after years of Republicans cutting the agency's budget, which they hope to do again if they win power again.

The Biden administration announced a $244 million dollar investment in the federal government’s registered apprenticeship program. This marks the largest investment in the program's history with grants going out to 52 programs in 32 states. The President is focused on getting well paying blue collar opportunities to people and more people are taking part in the apprenticeship program than ever before. Republican pledge to cut it, even as employers struggle to find qualified workers.

The Department of Transportation announced the largest single project in the department's history, $11 billion dollars in grants for the The Hudson River Tunnel. Part of the $66 billion the Biden Administration has invested in our rail system the tunnel, the most complex Infrastructure project in the nation would link New York and New Jersey by rail under the Hudson. Once finished it's believed it'll impact 20% of the American economy by improving and speeding connection throughout the Northeast.

The Department of Energy announced $1.7 billion to save auto worker's jobs and convert factories to electronic vehicles. The Biden administration will used the money to save or reopen factories in Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland, and Virginia and retool them to make electric cars. The project will save 15,000 skilled union worker jobs, and created 2,900 new high-quality jobs.

The Department of Housing and Urban Development reached a settlement with The Appraisal Foundation over racial discrimination. TAF is the organization responsible for setting standards and qualifications for real estate appraisers. The Bureau of Labor Statistics last year found that TAF was 94.7% White and 0.6% Black, making it the least racially diverse of the 800 occupations surveyed. Black and Latino home owners are far more likely to have their houses under valued than whites. Under the settlement with HUD TAF will have to take serious steps to increase diversity and remove structural barriers to diversity.

The Department of Justice disrupted an effort by the Russian government to influence public opinion through AI bots. The DoJ shut down nearly 1,000 twitter accounts that were linked to a Russian Bot farm. The bots used AI technology to not only generate tweets but also AI image faces for profile pictures. The effort seemed focused on boosting support for Russia's war against Ukraine and spread negative stories/impressions about Ukraine.

The Department of Transportation announces $1.5 billion to help local authorities buy made in America buses. 80% of the funding will go toward zero or low-emission technology, a part of the President's goal of reaching zero emissions by 2050. This is part of the $5 billion the DOT has spent over the last 3 years replacing aging buses with new cleaner technology.

President Biden with Canadian Prime Minster Justin Trudeau and Finnish President Alexander Stubb signed a new agreement on the arctic. The new trilateral agreement between the 3 NATO partners, known as the ICE Pact, will boost production of ice breaking ships, the 3 plan to build as many as 90 between them in the coming years. The alliance hopes to be a counter weight to China's current dominance in the ice breaker market and help western allies respond to Russia's aggressive push into the arctic waters.

The Department of Transportation announced $1.1 billion for greater rail safety. The program seeks to, where ever possible, eliminate rail crossings, thus removing the dangers and inconvenience to communities divided by rail lines. It will also help update and improve safety measures at rail crossings.

The Department of the Interior announced $120 million to help tribal communities prepare for climate disasters. This funding is part of half a billion dollars the Biden administration has spent to help tribes build climate resilience, which itself is part of a $50 billion dollar effort to build climate resilience across the nation. This funding will help support drought measures, wildland fire mitigation, community-driven relocation, managed retreat, protect-in-place efforts, and ocean and coastal management.

The USDA announced $100 million in additional funds to help feed low income kids over the summer. Known as "SUN Bucks" or "Summer EBT" the new Biden program grants the families of kids who qualify for free meals at school $120 dollars pre-child for groceries. This comes on top of the traditional SUN Meals program which offers school meals to qualifying children over the summer, as well as the new under President Biden SUN Meals To-Go program which is now offering delivery of meals to low-income children in rural areas. This grant is meant to help local governments build up the Infrastructure to support and distribute SUN Bucks. If fully implemented SUN Bucks could help 30 million kids, but many Republican governors have refused the funding.

USAID announced its giving $100 million to the UN World Food Program to deliver urgently needed food assistance in Gaza. This will bring the total humanitarian aid given by the US to the Palestinian people since the war started in October 2023 to $774 million, the single largest donor nation. President Biden at his press conference last night said that Israel and Hamas have agreed in principle to a ceasefire deal that will end the war and release the hostages. US negotiators are working to close the final gaps between the two sides and end the war.

The Senate confirmed Nancy Maldonado to serve as a Judge on the Seventh Circuit Court of Appeals. Judge Maldonado is the 202nd federal Judge appointed by President Biden to be confirmed. She will the first Latino judge to ever serve on the 7th Circuit which covers Illinois, Indiana, and Wisconsin.

Bonus: At the NATO summit in Washington DC President Biden joined 32 allies in the Ukraine compact. Allies from Japan to Iceland confirmed their support for Ukraine and deepening their commitments to building Ukraine's forces and keeping a free and Democratic Ukraine in the face of Russian aggression. World leaders such as British Prime Minster Keir Starmer, German Chancellor Olaf Scholz, French President Emmanuel Macron, and Ukrainian President Volodymyr Zelenskyy, praised President Biden's experience and leadership during the NATO summit

#Joe Biden #Thanks Biden #politics #us politics #american politics #election 2024 #tax the rich #climate change #climate action #food insecurity #poverty #NATO #Ukraine #Gaza #Russia #Russian interference

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alfedena · 7 months ago

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It pains me the way leftism in the US is framed as “the government is spending all their money on the military when they should be funding welfare for us :(” When in reality like maybe we shouldn’t be funding the military because it is responsible for the murder of millions worldwide and it is one of the key tools in maintaining US hegemony? It completely overlooks the fact the economic success of the US is dependent on extracting wealth from other countries and doing so through violence. Government funded programs and public infrastructure exist in any capacity thanks to the fact that the American government and all American industries (at this point in time) have amassed enormous amounts of capital off of the labor and resources of imperialized and colonized nations. This type of response to imperialism leaves the central problem of imperialism entirely unaddressed, instead focusing those who benefit from living in the imperial core. Like yes privatization in the US is especially severe amongst Western nations but… your life is possible thanks to the exploitation of people in the Global South. American leftism is just entirely lacking in internationalism. We must reject such nationalistic conclusions and impress the needs of the global working class.

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ravenkings · 1 month ago

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Bernie is wrong. He has always been wrong and is still wrong. The flaw in his theory is what he deems the “wealthy elite” versus what everyday Americans consider them to be. Voters don’t see all billionaires as the elites. They see college-educated liberals on the coasts, some of whom are billionaires, as elites.

Bernie-style populism didn’t land because billionaires figured out long ago they could undermine it by being socially right-wing, and the working class would forgive their wealth and privilege. That’s why this same demographic is willing to make it rain for grifters like Joel Osteen and Pat Robertson. That’s why they worship the wealthiest man on the planet like a God and consider him some real-life Tony Stark. People dismissed Donald Trump as a shameless attention-hungry New York oligarch until he called Mexicans rapists. Then he shot up to the top of the GOP primary polls. The working class didn’t think much of Elon Musk until he said “pronouns suck.” Then he became their hero. A scion of working-class Pennsylvania lost his US Senate seat last week to a hedge fund manager from Connecticut. West Virginia elected their richest man to the Senate after electing him governor – as a Democrat and later a Republican. Ohio tossed out their longtime Democratic senator, known for his strong support of labor rights, for – literally, no joke – a used-car salesman.

You can’t tell me the working class in America thinks being a billionaire alone is what makes one a “wealthy elite.” There are significant factors at play here Bernie is either oblivious to or purposely ignorant of.

In college, a professor once told me that Communism never succeeded in the United States because we are too religious and proud as a country. Religion, traditions, and culture were never widely discredited the way they were in Europe and Asia, where the clergy and nobility kept the bourgeoisie in figurative chains for centuries. The relative ease of social mobility made America unique compared to its Western counterparts. Historically, American progressivism has been focused on expanding social mobility – initially limited to only white men – to identity groups who had been denied it at the start: blacks, women, and immigrants. We have done it, with various amounts of success. While it may seem counterintuitive, Americans pride themselves in being the nation that pioneered the idea that wealth and status can be achieved through ingenuity and hard work and not just based on a lucky roll of the genetic dice, as it was in the Old World. It doesn’t mean we don’t have generational wealth in our country; we do, but since it isn’t the sole way to achieve wealth and power, we don’t care nearly as much about destroying all of it. Further, we will happily endorse it if the oligarchs and the aristocrats vow to promote and protect the social values we care about and the social hierarchy that benefits us.

It’s one of the reasons I believe Bernie could never beat Trump. If you ask working-class people what they want: an anti-immigrant, anti-intellectual billionaire or a Vermont socialist backed by kids from Harvard and UC Berkeley who hate our traditions and customs, the working class will always back the billionaire.

–Nick Rafter, "Bernie Sanders Can Take a Seat"

#politics #usa #quote

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eaglesnick · 6 months ago

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“If you want something new, you have to stop doing something old.” – Peter Drucker

There is much confusion regarding the proposed “national wealth fund” to be created by Rachel Reeves. Many commentators who should know better - CITYA.M, yahoo finance, Financial Analyst, to name but three - describe it as a “sovereign wealth fund” but nothing could be further from the truth.

“A sovereign wealth fund is a state-owned investment fund comprised of money generated by the government, often derived from a country's surplus reserves. SWFs provide a benefit for a country's economy and its citizens.” (Investopedia:20/06/24)

This is NOT what Rachel Reeves is proposing.

Reeves is creating a “national wealth fund" not a “sovereign wealth fund” and although many think that the words "national" and “sovereign” are interchangeable in this instance they are not.

The key point to remember is that a sovereign wealth fund is set up with “surplus reserves”. These can take the form of foreign currency operations, the proceeds of privatisation, balance of payment surpluses, government transfer payments, fiscal surpluses and so forth. There is no role for private investment in a sovereign wealth fund. A sovereign wealth fund is owned solely by government on behalf of taxpayers, and all profits go to that government for the benefit of its citizens.

What Rachel Reeves is proposing is something totally different.

Labour’s aim is to invest £7.3bn in a national wealth fund:

“to create hundreds of thousands of jobs across the country...as a "central plank” of its green prosperity plan” (Labour List: 16/06/24)

Although Labours stated ambition of creating 650,000 “good jobs" is to be applauded, if Reeves had created a “sovereign wealth fund" rather than a “national wealth fund” then the exchequer would also have reaped 100% of the profits generated by her "green prosperity plan".

Alas, this is not the case. For every £1 of taxpayer’s money invested in the national wealth fund, Reeves expects to attract £3 of private investment. In short, 75% of Reeves "national wealth fund” will be owned by the private sector, and presumably they will be taking 75% of the any profits generated.

I am not saying a national wealth fund is necessarily a bad idea but a sovereign wealth fund would have been so much better and it is misleading and sloppy of commentators to confuse the two.

Reeves herself can also be described as being less than transparent.

“Under the government’s new plans the fund will bring together key institutions and a “compelling proposition” for investors which will mobilise billions more in private investment and “generate a return for the taxpayer.” (FT Advisor: 09/07/24)

What those “compelling propositions” will be are at present unknown, but it is reasonable to expect some sort of tax concession or taxpayer subsidy will be available to private investors.

This really isn’t very different to what is happening now. In the 2023 Autumn Statement the Government announced £4.5bn in subsidies for British manufacturing. In addition to subsidies, corporations also receive tax breaks, the Financial Times informing us:

“UK businesses to receive £27bn in investment tax breaks.” (15/03/23)

How the old system of government subsidies, tax breaks and grants differs from Reeves “ national wealth fund” remains to be seen. What Reeves should publicly acknowledge is that her new fund is NOT a sovereign wealth fund and that the vast majority of the profits generated by this fund will go to private investors not the British taxpayer.

#uk politics #Rachel Reeves #sovereign wealth fund #national wealth fund #old policies #nothing new #misleading #corporate profit #tax breaks subsidies

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fictionadventurer · 1 year ago

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I have to talk about Chester Arthur. His story makes me go crazy. A mediocre president from the 1880s who's completely forgotten today has one of the best redemption stories I've ever heard and I need to make people understand just how cool his story is.

So, like, he starts out as this idealist, okay? He's the son of an abolitionist minister and becomes famous as a New York lawyer who defends the North's version of Rosa Parks whose story desegregates New York City's trolley system.

Then he starts getting pulled into politics and becomes one of the grimiest pieces of the political machine. He wants money, power, prestige, and he gets it. He becomes the right-hand man of Roscoe Conkling, the most feared political boss in the nation, a guy who will throw his weight around and do the most ruthless things imaginable to keep his friends in power and destroy his enemies.

Because Arthur's this guy's top lackey, he gets to be Controller of the Port of New York--the best-paying political appointment in the country, because that port brings in, like, 70% of the federal government's funds in tariffs. He gets a huge salary plus a percentage of all the fines they levy on lawbreakers, and because he's not afraid to make up infractions to fine people over, he is absolutely raking in the dough. Making the rough equivalent of $1.3 million a year--absolutely insane amounts of money for a government position. He's spending ridiculous sums on clothes, buying huge amounts of alcohol and cigars to share with people as part of his job recruiting supporters to the party, going out nearly every night to wine and dine people as part of his work in the political machine. He's living the high life. Even when President Hayes pulls him from his position on suspicions of fraud, he's still living a great life of wealth, power, and prestige.

Then in 1880, his beloved wife dies. While he's out of town working for a political campaign. And he can't get back in time to say goodbye before she dies. Because he's a guy who has big emotions, it absolutely tears him up inside, especially because Nell resented how much his political work kept him away from home. He has huge regrets, but he just moves in with Roscoe Conkling and keeps working for the political machine.

And then he gets a chance to be vice president. The Republican Party has nominated James Garfield, a dark horse candidate who wants to reform the spoils system that has given Conking his power and gave Arthur his position as Port Controller. Conkling is pissed, and he controls New York, and since the party's not going to win the election without New York, they think that appointing Conkling's top lackey as vice-president will pacify him.

They're wrong--Conkling orders Arthur to refuse--but Arthur thinks this sounds like a great opportunity. The only political position he's ever held is Port Controller--a job he wasn't elected to and that he was pulled from in disgrace. Vice President is way more than he could ever have hoped for. It's a position with a lot of political pull and zero actual responsibilities. He'll get to spend four years living in up in Washington high society. It's the perfect job! Of course he accepts, and Conkling comes around when he figures out that he can use this to his advantage.

When Garfield becomes president, Arthur does everything he can to undermine him. He uses every dirty political trick he can think of to block everything that Garfield wants to do. He refuses to let the Senate elect a president pro tempore so he can stay there and influence every bill that comes through. He all but openly boasts of buying votes in the election. He's so much Conkling's lackey that he may as well be the henchman of a cartoon supervillain. On Conkling's orders, he drags one of Garfield's Cabinet members out of bed in the middle of the night--while the guy is ill--to drag him to Conkling's house so he can be forced to resign. He's just absolutely a thorn in the president's side, a henchman doing everything he can to maintain the corrupt spoils system.

Then in July 1881, when Arthur's in New York helping Conkling's campaign, the president gets shot. By a guy who shouts, "Now Arthur will be president!" just after he fires the gun. Arthur has just spent the past four months fighting the president tooth and nail. Everyone thinks he's behind the assassination. There are lynch mobs looking to take out him and Conkling. The papers are tearing him apart.

Arthur is absolutely distraught. He rushes to Washington to speak with the president and assure him of his innocence, but the doctors won't let him in the room. He gets choked up when talking to the First Lady. Reporters find him weeping in his house in Washington. Once again, death has torn his world apart and he's not getting a chance to make amends.

Arthur goes to New York while the president is getting medical treatment, and he refuses to come to Washington and take charge because he doesn't dare to give the impression that he's looking to take over. No one wants Arthur to be president and he doesn't want to be president, and the possibility that this corrupt political lackey is about to ascend to the highest office in the land is absolutely terrifying to everyone.

Then in August, when it's becoming clear that the president is unlikely to recover, he gets a letter. From a 31-year-old invalid from New York named Julia Sand. A woman from a very politically-minded family who has been following Arthur's career for years. And she writes him this astounding letter that takes him to task for his corrupt, conniving ways, and the obsession with worldly power and prestige that has brought him wealth and fame at the cost of his own soul--and she tells him that he can do better. In the midst of a nationwide press that's tearing him apart, this one woman writes to tell him that she believes he has the capacity to be a good president and a good man if he changes his ways.

And then he does. After Garfield dies, people come to Arthur's house and find servants who tell them that Arthur is in his room weeping like a child (I told you he had big emotions), but he takes the oath of office and ascends to the presidency. And he becomes a completely different man. His first speech as president mentions that one of his top priorities is reforming the spoils system so that people will be appointed based on merit rather than getting appointed as political favors with each change in the administration. Even though this system made him president. When Conkling comes to Arthur's office telling him to appoint his people to important government positions, Arthur calls his demands outrageous, throws him out, and keeps Garfield's appointees in the positions. "He's not Chet Arthur anymore," one of his former political friends laments. "He's the president."

He loses all his former political friends. He's never trusted by the other side. Yet he sticks to his guns and continues to support spoils system reform. He prosecutes a postal service corruption case that everyone thought he would drop. He's the one who signs into law the first civil service reform bill, even though presidents have been trying to do this for more than ten years, and he's the person who's gained all his power through the spoils system. He immediately takes action to enforce this bill when he could have just dropped it. He becomes a champion of this issue even though it's the last thing anyone would have expected of him.

He oversees naval reform. He oversees a renovation of the White House. He still prefers the social duties of the presidency, but he's respectable in a way that no one expected. Possibly because Julia Sand keeps sending him letters of encouragement and advice over the next two years. But also because he's dying.

Not long after ascending to the presidency, he learns he's suffering from a terminal kidney disease. And he tells no one. He keeps going about his daily life, fulfilling his duties as president, and keeps his health problems hidden. Once again, death is upending his life, and this time it's his own death. He's lived a life he's ashamed of, and he doesn't have much time left to change. He enters the presidency as an example of the absolute worst of the political system, and leaves it as a respectable man.

He makes a token effort to seek re-election, but because of his health problems, he doesn't mind at all when someone else gets the nomination. He dies a couple of years after leaving office. The day before his death, he orders most of his papers burned, because he's ashamed of his old life--but among the things that are saved are the letters from Julia Sand, the woman who encouraged him to change his ways.

This is an astounding story full of so many twists and turns and dramatic moments. A man who falls from idealism into the worst kind of corruption and then claws his way back up to decency because of a series of devastating personal losses and unexpected opportunities to do more than he could have ever hoped to do. I just go crazy thinking about it and I need you all to understand just how amazing this story is.

#history is awesome #presidential talk #i thought about his story again this morning #and was once again struck by the desire to chase people down and make them understand just how amazing this story is #and instead of harassing random strangers i decided to inflict it on tumblr again #my original essay was rather too long and dry and tangled up in too many other details #and didn't quite capture the 'i want to chase you down and look you in the eye and make you freak out about this with me' vibe of this stor #this still doesn't quite capture it but at least it's shorter #and prevents me from rambling to unsuspecting family members #sorry for inflicting this on you again but what else am i supposed to do?

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trivia-yandere · 11 months ago

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payment plan

your husband and you find yourself bankrupt and dead broke thanks to his gambling problem. his younger brother - successful businessman kim seokjin - offers a helping hand free of charge. unbeknownst to his brother, you would be the one paying seokjin for his charity. @momnomnom @darkuni63 @sweetempathprunetree @minshookie29

valentine’s day masterlist | part 2

word count: 5.509

warning: non-con/coercion, cmnf, smut, dub-con, degradation/humiliation, dominant jin, submissive reader, collaring, affair, unsolicited touching, impregnation kink, thigh riding, oral sex/deep throat, dirty talk, kissing, creampie,

“Your collar…” Jin murmurs, his eyes staring at the pink collar he has given you. It has diamonds wrapped around and in the middle, is a gold shaped heart. “...is so cute.”

“Thank you, sir.” you murmur, your thighs clenching together nervously underneath Jin’s intense gaze.

“Isn’t it sad that your husband is away?” Jin scoffs, a wicked smirk forming onto his lips - rosy and plump.

Kim Seokjin, tall with a slender build. Dark hair and even darker eyes. He’s beautiful - utterly gorgeous. His beauty is often compared to that of a God; ethereal. He carried himself as such, strutting into any room and completely holding the attention from everyone occupying it.

Kim Seokjin, wealthy - one of the richest men in the nation. He owned several businesses that thrived; all of which funded his life. He had enough generational wealth that his great-great grandchildren wouldn’t have to work - and he’d often boast about that fact. Kim Industries were one of the most well known and luxurious industries to be a part of - employees were even looked at as better off just for being apart of the business.

Kim Seokjin, your brother-in-law. The very man who stood besides your husband, his elder brother, while you and he were wed. He gave a speech about the love you and your husband had was that of true love and raised his glass to give you a celebratory toast - “to my sister-in-law, Y/N. Welcome to the family.”

Kim Seokjin, your brother-in-law, and the same man you are having an affair with.

“It is sad, sir.”

Jin tilts his head a bit. “Then why don’t you look it?” he questions. “Maybe you’re happy to be with me instead of your good for nothing husband?”

You swallow at Jin’s harsh words, appearing physically ill at them. Jin doesn’t care, however, and openly berates his brother around you at any given moment.

It was 5 months prior when your husband came to you and confessed that he was completely broke - that you and he had not a dollar to your names. It came as a shock. No, your husband was not as wealthy as Jin - but he was nowhere near broke. Their father had helped start up a business before allowing them out in the world. While Jin branched out and became a big name in multiple industries, your husband was smaller. However, the Kim name had benefits.

“How are we broke?” you asked with wide eyes, not believing your ears. “We have a few hundred thousands saved up for a rainy day.”

Your husband had confided in you that the money was gone - everything that was saved has since been wiped away.

The home you and he bought had to be sold, along with the cars. You were homeless, and the only way your husband was willing to turn was his younger brother.

Seokjin had welcomed you two with open arms and gave his brother a job at one of the many businesses he owned - it was an ego killer. Your husband was the older brother, but yet, the younger one was more successful and thriving. You and your husband moved into Seokjin’s home (even if he did have enough money to lend you a vacation home) and allowed you to borrow his cars whenever needed.

The hours your husband worked were always long, working from sun up to sun down. He came home exhausted and didn’t want to do anything but rest - and you understood. You contemplated asking Jin if there were any available openings in his business for you to work, but your husband shot you down. “I’m the man, Y/N. I have to be the one providing for you.”

As much as you appreciated the efforts your husband set in place, you wanted nothing more than to tell him the truth - that you trusting him got you nowhere. You were homeless, staying in a (large mansion, yes) with his brother, becoming a complete burden on him.

Your feelings were never stated aloud, but it showed in your actions. You loved your husband to death truly, but you didn’t want to be around him. You soon got your own room in the mansion and to keep yourself busy, decided to take on chores. You cleaned from top to bottom and cooked constantly. As much as you were annoyed with your husband, you always assured he had three meals a day that you cooked personally.

“I am happy to be with you.” you murmur to Jin, understanding that it’s what he wants to hear. Despite being highly successful and wealthy, hearing that he was better than his elder brother brought satisfaction over Kim Seokjin.

“I know you are.” Jin brings a hand up to touch your cheek softly. “Isn’t this why you allow me to do whatever I want to you? Because my good for nothing brother puts his lovely wife…” Jin trails his hand down to your collared neck. “...in the hands of another man.”

You swallow the lump in your throat nervously.

“Nothing in this world is free, Y/N-ah.” you recall Jin speaking those very words to you for the first time. You had just gotten out of the shower, strolling into your bedroom in nothing but a robe to find the man on your bed. He sits poshly, waiting for you. “I give my brother a job, a place to stay and in return…” Jin trailed off, having since pushed himself from your bed to come to you and without a warning, hands dipped between your robe.

Jin never forgot to remind you that you lived in his home - that you husband (though his brother) worked right under him and if he truly desired, could fire him at any given moment just because.

Maybe that’s why you never told Jin no - that you allowed him to touch you. In the beginning, it was only that; touching. He would come up behind you while you washed the dishes and press himself firmly against you, his hands gripping your waist before they rub up your sides - but then he’d leave you be.

But of course, with you never stopping him - it escalated. Jin was no longer satisfied with just touching you because what was the fun in that? Your husband's work load became longer until he had no days off - and he never went against it. That only meant that you were alone with Jin more often.

“You keep clenching your legs together.” Jin notes. “Are you rubbing them together because you want some type of friction?” he then shakes his head with a scoff. “Just like a whore would.”

Jin turns away from you and ventures into the bedroom - his bedroom. You swallow, now remembering that you and he were just in the hallway of the large mansion. “Come.”

And you do, following him into his bedroom. You never been inside his room before - he always came to yours. But it’s large and as luxurious as the rest of his home. His bed is large - possibly a California king - and it sits right in the middle of the room and behind it is a large window that takes up nearly the whole wall. It’s snowing, the trees outside are covered in beautiful white snow and the amount of it covers the ground completely. You are in awe at the view that Seokin has just outside his window that has such beautiful natural light that there wasn’t any need for one inside the room to be on.

Your eyes scan over the rest of the room and it’s then you notice just how it’s covered in mirrors - even on the ceiling. You wonder if this is a room Seokjin sleeps in, or just takes whatever flings he has.

“Come.” Jin repeats, venturing towards the left of his room to a cushioned seat - it’s gray and matches his bed perfectly. He takes a seat, eyebrows lifting for you to come to him. “I’m glad you wore the lingerie I bought for you. Pink is so cute on your skin.”

Jin’s complement causes your body to flush with heat. You could never grow accustomed to it - maybe it’s the way he speaks. He’s always so smooth and his words come out so natural.

“Sit.” Jin commands and you venture over to him. His eyes lower to your crotch, satisfied with himself that he got crotchless lingerie for you to wear. As much as he enjoyed your naked figure, there was something about the pink hue against your skin that he loves to stare at.

“On my thigh.” Jin commands once more and you know where he’s getting at. You swallow once more, seating yourself on his clothed thigh.

Jin loved when you were naked - or nearly - and he was fully clothed. There was something about getting you out of your clothes that drove him crazy, even if he was able to mask it perfectly - and you never fought him about it, either. You were the perfect submissive woman he needed - and the fact that you weren’t his woman made it better.

“Don’t just sit there shy, Y/N.” Jin speaks. He widens his legs, manspreading to get comfortable on the chair. “Go ahead and rub yourself on my thigh. It has to feel better than squeezing your legs together.”

You don’t fight Jin - you never do. Your hips begin to buckle. You never liked when Jin’s eyes were on you - they were so dark and voyeuristic; always watching you whenever he saw fit. However, there’s nothing you could ever say to him about it - he made sure to remind you just who signs your husbands paychecks.

Every Time you do this with Jin - cheat on your husband with his brother - it always ends with you regretting it. But, in the moment, you don’t allow yourself to ever deny him - you tell yourself because your life depends on him, but there was another side of you. The reality of it all that you were enjoying this - secretly enjoying the affair and how scandalous it was. You enjoyed the way Jin would touch you, sometimes even sneaking touches when his brother was around.

“You’re so wet, Y/N. You’re ruining my suit pants. It’s expensive - far more than anything your husband can afford.”

You think Jin enjoys talking down to his brother but cannot understand why. Your husband never does, you note, and when they’re around one another they appear to be close; often laughing and sharing stories of their childhood.

Jin places a hand on your thigh to squeeze it. “Go faster.”

You do as you’re told, a low groan releasing from your lips. You bite your lips to hold back another, but Jin slaps your thigh. “Stop hiding your moans. I want to hear you.”

You moan a little louder, the friction against your clit feeling just right. You begin to rock your hips in circles, whining at how good it truly felt - and how pathetic you were for allowing this to happen.

Jin’s eyes darken and he licks his plump lips. There was nothing like a woman - someone like you exactly - grinding against his thigh and chasing her own orgasm. You were considered off-limits - not only a married woman, but a woman who is married to his brother. You were like a forbidden fruit, something so tempting but he shouldn’t have; out of his reach.

But, you weren’t that. Nothing was out of Kim Seokjin’s reach - not even you. You wore the collar that he gave you willingly, along with the lingerie and now, your pussy is drenched and staining his suit pants. “Go ahead and cum for me, Y/N. I know you want to.” Jin says, squeezing your thigh even harder in encouragement.

Your pussy is so warm and wet; it drenches through Jin’s suit pants and he can feel just how excited you are on his own thigh.

Jin loves to watch you - loves to watch you come undone just for him. You grind against his thigh harder, whimpering freely as your eyes begin to roll in the back of your head.

Jin slides two fingers beneath your grinding pussy to have a feel of your wet clit and it takes everything in him to not groan at the juices that coat his fingers. “How slutty.” Jin’s voice is raspy as he responds to you.

Your body shudders with goosebumps with how deep Seokjin’s voice becomes. You’re now grinding against Jin’s fingers and you cum almost instantly, a shrill cry releasing from your throat.

Jin places his fingers into his mouth and hums. “How sweet you are, Y/N, cumming all over the place.” he pops his fingers from his mouth. “I let you cum, Y/N. I want you to do the same.”

“Yes, sir-”

Jin is already pushing you off of him and forcing you to your knees. Your eyes open instantly when your knees hit the cold floor, but you don’t protest.

Jin shakes his head while a smirk forms onto his lips. “You’re so obedient, Y/N. You do everything I tell you to do without question.” he then places a hand against your cheek. “Isn’t that right?”

You nod your head. “That’s right, sir.” you respond.

Jin hums, his eyes zoning in on your face. His thumb traces your lips softly for a bit, and you’re confused as to what he’s doing and what the hold up was. “I was thinking about giving your husband a raise. He’s been doing such a good job lately.”

There’s malice in Jin’s tone as he speaks; spite. He scoffs a bit after he says it and you swallow at what he’s about to say next in anticipation. “Depends on how well you treat me, Y/N.”

And there it was - you’ve known as much. Jin wasn’t doing anything out of the pure kindness of his heart; he was sleeping with his brother's wife after all. This was nothing but a game to him - whatever issues he had with his brother, you’d never know.

There’s nothing for you to say in response to Jin. You only nod your head, your hands tangling with his suit pants to take him out. Jin watches you with fierce eyes, never leaving you once.

Your hands are trembling under his gaze, but this isn’t something that you need to mess up.

It’s sad - and you cannot be upset with anyone but yourself. You’ve allowed Jin to grow comfortable with disrespecting your marriage - you allowed him to talk down about your husband to the point that he does it constantly, even in moments such as this. There’s a part of you that hates yourself for allowing yourself to be used by this man.

But then the other part of you is attempting to give yourself grace. The other side of you wanted to blame your husband for losing everything in the marriage; so much so that you felt like you needed to do this with Jin so the man wouldn’t grow spiteful - so you could remain in his home while your husband continued to work in his brother's company.

Jin notices your internal dialogue as you begin to remove his cock from his underwear, but he doesn’t bring himself to care much. After all, he never heard a no from you - you gave him what he wanted without a fight.

Jin was no monster - but you weren’t a saint either. You moaned for him loudly when he was inside of you. You begged for more when you were drunk off of pure pleasure. Your fingernails scarred his back and your juices would stain his clothing.

You wanted this just as badly as Jin did - you were just a married woman who, at the end of it all, had to look herself in the mirror. He didn’t have a wife he had to look at after fucking you - and he could care less about looking his brother in the face.

“You’re doing this for your husband.” Jin says to you, your hand wrapped firmly around his erect cock. His plump lips offer you a smile - that looks more like a smudged smirk - but all he wants to do is make you more comfortable.

Your lips wrap around Jin’s tip, tongue swirling as if it was a lollipop. There’s pre-cum on it, your tastebuds swallowing the salty substance.

‘You’re doing this for your husband’ Jin’s words ring through your ears as you do, your hands pumping the shaft of his cock. You couldn’t be so sure you were doing this for him anymore - as selfish as it sounds.

Losing everything in a blink of an eye has you constantly fearing going through it once more and the selfish side of you was enjoying the attention you weren’t getting from your husband, but from his brother. You were enjoying the expensive gifts that he’d give and the random money he would wire into your account - even if it did eat away at you to accept them.

You continued to suck harder, taking Jin deeper into your mouth. He winces, his hands clenching slightly. Licking his lips, Jin tilts his head at you. “There’s my Y/N.” he moans, hooded eyes watching how purely whorish you appeared taking him fully. “There’s my girl coming out.”

His Y/N - Jin told you time and time again that a part of you - the side that accepted the affair - would come out. This was the side that would moan freely, would hug him closer and the side that would beg for more. This was his Y/N - the Y/N that was determined to make him cum by any means necessary; that would fuck him like her life depended on it (and of course it did).

Your eyes glance up at him and for a moment Jin is stuck. His cheeks flush at you - and it wasn’t something he needed you noticing; he had to have the ultimate control at all times.

The solution? Forcing your head down, taking him even deeper. Your nose hits the cleanly groom patch of hair on his pelvis, his cock hitting the back of your throat. You gag - but it only edges on Jin further.

“Don’t do it for your husband, Y/N. Do it for yourself.” Jin says, his head firmly on the back of your head to keep you in place. “Maybe that would make you act a little better.”

Your tongue lays flat as you suck, your head managing to lean back so only the tip is in your mouth, and quickly before Jin could react, you take him back into your throat, sucking with all your might.

Jin hisses, his toes curling inside his dress shoes. The noises that echo off of his room are filthy - his moans mixed with your slurping and gagging.

“How selfish my Y/N truly is. You like having a cock in your throat as long as the cock is providing for you, huh?” Jin squeezes his hand into your hair to keep you firmly in place, panting at just how good you were taking him. “I guess I’ll have to spoil you after this, huh? Not like your husband could.”

Your eyes begin to water, but you refuse to stop your sucking. Jin’s hips are moving a bit, and he’s cursing low to himself. He wants to tear his eyes away from you - but he’s mesmerized. There’s drool running down your chin and your eyes are watery and to him you look absolutely beautiful - how could he not want to wire you thousands of dollars after this?

You pop off of Jin’s cock with a loud ‘pop’ing sound, saliva connecting your lips to his cock. Your hands immediately wrap around his length to jerk him vigorously, your tongue twirling on the tip for him to cum.

“Oh, fuck.” Jin groans, right as your eyes and his connect. You were jerking his cock with need - as if you were the one that was cumming. He begins to whimper, his thighs trembling. The familiar bubbling in his abdomen is returning - like it did time and time again when he was with you. “So good for me, baby.”

Jin’s praises shouldn’t be getting to you, but they do. They always do. He could be demanding while you and he were intimate, as well as degrading. However, there were times in which he did speak to you nicely; complimenting you at how good you were to and for him. He’d often call you beautiful and assured that you would always be taken care of regardless of the situation you were in - in the end of it all, you took it as nothing but pillow talk.

However, you were now in the moment just as Seokjin was and you were determined to make the man cum. You bring the tip of his cock back into your mouth and you continue to suck, your palm jerking him to cum. Doing this, Jin begins to pant, his speech cut off. His head hangs back and his eyes are rolling with pleasure - such a beautiful sight, you think. Even when convulsing in pleasure did Kim Seokjin look beautiful.

Jin groans - a groan that comes from deep in his throat. He wants to praise you and tell you just how good you’re doing; but maybe that was the side of him that likes you. That, of course, he can’t. He’s unable to form any words and all he can focus on is the pleasure that runs through his body entirely. It was as if his brain was shutting down and fuck did it feel amazing.

Jin’s thighs are quivering and he’s cumming, his breathing coming out in hushed stutters. He cums so much, thick white robes painting the inside of your mouth. It’s so much that it surprises you that it begins to seep out of your mouth, but you assure yourself to swallow as much as you could.

You release Jin’s cock and heave, the air hitting your throat refreshing. You’re sure you looked a mess; tear stained cheeks, blurry and red eyes and drool (and cum) mixed on your lips. But you don’t dwell on the fact - it wasn’t anything Seokjin wasn’t accustomed to seeing already.

It takes a few moments for Jin to compose himself. His eyes are closed and his thighs gently tremble until they stop completely. His mind is flooding with just what he has gotten himself into with you - an act he does each time you manage to make him cum.

“Sir?”

Jin snaps his eyes open and looks at you. You’re on your knees - where you belonged - and looked at him with a tilted head.

Jin leans forward, licking his plump lips. “You’re so obedient.” he murmurs to you, the Jin you knew coming back like a full circle. “The collar suits you.”

You yelp when Jin snatches said collar and yanks it harshly. His lips meet yours in a rushed kiss - an action he’s never done. You and Seokjin don’t kiss; it’s an act far too intimate for two people having an affair. He never initiated it before, and neither have you. Yet, kissing Jin felt right and there's electricity running through your veins. His lips are warm and soft to the touch and though you never initiated a kiss with the man before, you don’t find yourself pushing away from it.

Jin is amused (and satisfied) when you softly protest when he pushes you away from him. “You look like a kick puppy, Y/N. When was the last time you kissed your husband?”

Jin snickers when you glance away - you did because even you didn’t know. Jin kept his hours long (intentionally, now you know) and there was never any time for you and him to ever be alone. And even though you loved your husband for wanting to be better and get out of the financial bind he put the two of you in, there's a sinister side to you that still despises him for putting you in that situation to begin with.

“Come.”

Jin yanks at your collar and has you standing to your feet along with him. He pushes you towards his bed and you fall back with a low yelp.

“Open your legs.” Jin demands and instantly, you comply. “Good girl.” he murmurs.

Between your legs was Jin’s favorite place to be - being inside you or his tongue buried in your pussy. Your pussy is always wet for him; warm and inviting. You gave it up to him so willingly and each time he took it with gratitude.

Jin couldn’t get enough of you - and it had to be a deeper reason. You weren’t his woman to have, but he took you selfishly. He buries his tongue deep against your clit, not taking another second away. He laps against your pussy eagerly, eyes glancing up to see your shocked (yet satisfied) face - brows knitted and mouth agape as a moan draws out.

Jin’s hands place themselves on your outer thigh, allowing you to slightly cage him in between them - because that could never stop him from having his taste of you. He has no choice but to bury his face deeper into your pussy, suckling even harder against your swollen clit.

“F-Feels so good, sir.” you wail and Jin knows this. His eyes never leave your face as his tongue continues to lap. “G-Gonna cum already.”

Jin snickers - you were always so quick to cum when he had you like this. Like the perfect little whore you were, he thinks. He knows his brother could never please you the same way he does - you always walked around so uptight and shy. Your legs clenched together for whatever friction because his brother was far too busy to pleasure you.

Now, you had that glow to you. Jin assured that you’d cum each and every time you and him were together - just like now.

Jin slams your legs open, pinning them against your shoulder. The position is as lewd as his actions, but that doesn’t stop him. He devours your pussy entirely, tongue ravishing your clit so loudly that his suckling is dancing off of the walls.

“S-Sir, slow down-”

Jin didn’t want to hear anything you were about to say. You didn’t tell him what to do - he was Kim Seokjin. If he wanted to lick your clit until you were squirting against him he would - because he was Kim Seokjin.

Jin’s hands hold your thighs apart even tighter to assure you have no way to escape him, his tongue sliding against your clit entirely and entering in and out of you. Your eyes snap shut, squeezing so tightly. You were being swallowed up by the black hole of pleasure. There’s whimpering coming from you as well as the familiar moisture at the corner of your eyes.

Jin shoves you away hastily. “I’m going to fuck a baby into you, Y/N.” Jin says suddenly - an act that is just as shocking as him kissing you.

You don’t get time to protest before Jin is flipping you onto your stomach and forcing your ass into the air. He’s behind you, positioning himself at your entrance.

Jin enters you without hesitation, needing no time to prep you because of how wet you are. He starts off rough, cock so deep that it brings back the familiar black hole of pleasure.

Jin is brutal as he fucks you - but he was a man on a mission. He’s clouded by his own lust and selfish desire that he doesn’t hold back any of his own thoughts.

“You’d want that, wouldn’t you?” Jin asks harshly, pulling both of your hands behind your back to hoist you up. “For me to fuck a baby into you?”

“Y-Yes, sir!” you wail, far too gone in pleasure that you don’t completely take in what Jin is saying.

“You’re so drunk off of dick that you’ll say anything. There’s my Y/N.” Jin cracks his hips deeper and deeper into you, hitting your sweet spot with each thrust. Your juices are leaking down your thigh and staining his bedsheets, but he would never care. “I’m going to get you pregnant and watch my pathetic brother raise the child as his.” he laughs gleefully, his plan completely insane.

You’re pushed away from Jin and you fall completely against the mattress. Jin hikes a leg up so he can go deeper into you.

“But don’t worry, Y/N. I’ll make sure our child has the best of the best.” Jin groans, eyes focused on the way your ass bounces against him. “And when they’re of age, I’ll tell them the truth. That the pathetic father they thought they had was not really their father.” Jin leans down, both hands firmly against the mattress for support. “And they’ll inherit millions from me. It’s better than having nothing like my pathetic brother.”

“Feels so good!” you moan into the mattress and all Jin could do is laugh - because you were far too gone to notice anything he was saying; and just how real his plans for you are.

“Yeah?” Jin manages to flip you again and now on your back, he allows you to wrap your legs around him. “So good for me, Y/N. Such an obedient little whore.”

Jin connects his lips to yours again and instantly, you wrap your arms around him. You were determined not to let him go this time - and he allowed it. Kissing you felt right; even when it was wrong. Not only because you weren’t his woman (because he was well aware of such and didn’t give a fuck) but because it was a sign of affection.

“Want you to fuck me all night.” you plead against his lips, holding him so close that you coild feel his own heartbeat.

So dick drink, Jin thinks, but he doesn’t respond. He’s unable to, far too focused on giving you exactly what you want.

Jin ponders how his brother wasn’t fighting him to have more time off of work. Your pussy is amazing - carved from the Gods. You’re gripping him so tight with a pussy that’s so wet that if he was in his brothers position, he wouldn’t be at work now - no, he’d be fucking you into the mattress.

But Jin wasn’t your husband and he was doing exactly what he should be doing to you.

“Squeezing me so tight, Y/N. Gonna cum already?” Jin taunts, but even he was ready to cum inside of you.

The thought of getting you pregnant is stuck deep in Jin’s mind; watching you grow heavy and round with his seed. He would have a deep bond with the child, assuring that he would be loved far more than his brother would be with the child. He would be impressed with how large your breast would be as you grew with his child and how beautiful you’d look pregnant.

“Shit,” Jin’s forehead presses against yours. He plunges his cock inside of you with need now - the need to impregnate immediately - and to do this as many times as it takes for you to conceive.

Warmth floods deep inside of you just as you’re reaching your high. You squeeze Jin, hugging him closer to your exhausted and convulsing body and never wanting to let the man go.

You and Jin fucked for hours in various positions you’ve never been in. You had awoken suddenly, body exhausted in a bedroom that didn’t belong to you. Jin wasn’t there, you noticed, and that was your cue to take your leave.

Doing the walk of shame back to your bedroom was something you’d have to look yourself in the mirror about later. Your body was aching and all you truly wanted to do was have a soothing bath and then go right back to sleep.

You opened the door to your bedroom and stopped in your tracks. Your eyes scanned the room entirely.

Balloons littered the ceiling entirely - all red, white and pink. Your bed - king-sized that sat in the middle of the room, sat rose petals shaped neatly into a large heart. In the middle of it sat a small envelope, but that was the least of your concerns.

Flower bouquets are surrounding your bed - all roses of different colors - and there’s dozens of gift bags waiting to be opened.

You enter your bedroom and close your door behind you. You ponder did your husband do all of this for you - and if he did, just how did he manage to do so without wondering where you were at the entire time?

Your heart sinks at the thought of your husband doing this for you and you were cheating on him with his brother.

You grasp the small envelope on your bed and open it. It’s a card - something simple written inside of it but it causes your heart to swell with realization.

My Y/N.

Happy Valentine’s Day

-Seokjin

part 2 | teaser to part 2

#payment plan #yandere bts #bts smut #btswritingcafe #brothers girlfriend #trivia-yandere #trivia:yandere #bts writing #btswritersclub #btswriterscollective #bangtanwriters net #Seokjin yandere #jin yandere #jin smut #jin x reader #seokjin x reader #seokjin smut #bts affair au

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psychotrenny · 7 months ago

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One error you frequently find among Imperial Core Socialists, even ones that are otherwise well-informed and principled, is a misidentification of Imperialism's role in Late Stage Capitalism. They do recognise that Imperialism is a process that both exists and is an especially brutal form of exploitation that must be opposed by any who seek to create a better society, but they essentially frame it as merely something that the Bourgeoisie does; just another process by which this social class enriches itself at the expense of others. The Imperial Core Proletariat are implicitly treated as bystanders or even victims; their bodies destroyed and their tax dollars wasted so that those at the top of society can increase their returns on investment. They don't seem to realise how absolutely foundational Imperialism is to the current socio-economic order or how the Imperial Core Proletariat both directly and indirectly benefits from it (i.e. social programs funded by the wealth their nation receives from their participation in Imperialism, access to cheap commodities due to the terms of trade that Imperialism enforces etc.). You can't really complain about your taxes going to fund wars of Imperialist aggression when those wars maintain the very system that creates such a tax base in the first place.

That's not to say that the Imperial Core proletariat aren't exploited at all under Capitalism or that they won't be overall better off under Socialism. But even if opposition to Imperialist Capitalism is in the Long-Term interests of the entire Global Working Class, you simply can't ignore that particular sections of it have substantial short term incentives to accept or even actively participate in maintaining it. These sort of contradictions need to be acknowledged if they are to be overcome so that a unified Global Proletarian front can be advanced against the already largely unified Global Bourgeoisie. All members of the Working Class have so very much to gain, but for the workers of the world to unite some must accept that they have more to lose than their chains

#stella speaks

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mostlysignssomeportents · 2 months ago

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The housing crisis considered as an income crisis

I'll be in TUCSON, AZ from November 8-10: I'm the GUEST OF HONOR at the TUSCON SCIENCE FICTION CONVENTION.

A paradox: in 1970, everyday Americans found it relatively easy to afford a house, and the average American house cost 5.9x the average American income. In 2024, Americans find it nearly impossible to afford a house, and the average American house costs…5.9x the average American income.

Feels like a puzzler, right? Can it really be true that the average American house is as affordable to the average American earner as it was in 1970? It is true, as you can see from Blair Fix's latest open access research report, "The American Housing Crisis: A Theft, Not a Shortage":

https://economicsfromthetopdown.com/2024/10/23/the-american-housing-crisis-a-theft-not-a-shortage/

Fix also points out that is even more true of rents than it is of house prices. The ratio of rent to average income has actually fallen slightly since 1970. Rents are also, in some mathematical sense, "affordable."

Now, those of you who are well-versed in statistical card-palming will likely have a pretty good idea of the statistical artifact at the root of this paradox: the word "average." If you remember your seventh grade math, you'll recall that "average" has more than one meaning. Sure, there's the most common one: add several values together, then divide the total by the number of values you added. For example, a nonzero number of people have one or zero arms, so the average human has slightly fewer than two arms.

That average is called the "mean." The mean US wage is pretty robust: $73,242/year:

https://fred.stlouisfed.org/series/A792RC0Q052SBEA/1000

But the majority of Americans are not earning anything like $73k/year. Since the Reagan years, the number of Americans living in poverty and extreme poverty has climbed and climbed. And while their declining income sure drags down that average, it's dragged way, way, way up by another group of Americans – the ultra-rich.

You see, as Fix writes, back in the Reagan years, America initiated an experiment in redistribution. Reagan enacted policies that moved most of the nation's wealth from the great majority of working people to a tiny minority of people who ended up owning pretty much everything. Throw their income into the mix, and the average American's income is sufficient to finance the average American home, with plenty to spare.

In other words, this isn't an "average human has fewer than two arms" situation, it's more like a "Spiders Georg" situation. Spiders Georg is a Tumblr meme about a guy who eats 10,000 spiders every day and is thus single-handedly responsible for the (false) statistic that the average human eats two spiders a week:

https://en.wikipedia.org/wiki/Spiders_Georg

The American rich – Reagan's progeny – are the Spiders Georg of house prices. By hoarding the great mass of American national wealth, they create a statistical mirage of affordable housing.

Now, that's interesting, but where Fix goes next with this is even more fascinating. If the average price of housing (relative to average income) has stayed fixed since 1970, then it follows that the price of housing isn't being driven up by a problem with supply. Rather, these numbers suggest that America has enough housing, it's just that (most) Americans don't have enough money.

If that's true – and I have a couple of quibbles, which I'll get to in a sec – then the most common prescription for solving American housing (building more of it) is somewhat beside the point. For Fix, using public funds to subsidize cheaper housing is like using public funds to pay for food stamps for working people whose wages are too low to keep them from starving. Sure, we should do that: no one should be without a home and no one should be hungry. But if working people can't afford shelter and food, then we have a wage problem, not a supply problem.

Fix – as ever – has a well-thought through, painstakingly documented "sources and methods" page to back up his conclusions:

https://economicsfromthetopdown.com/2024/10/23/the-american-housing-crisis-a-theft-not-a-shortage/#sources-and-methods

And while Fix acknowledges that reversing the mass transfer of wealth from working people to their bosses (and their bosses' idle offspring) is a big lift, he rightly wants to keep the question of wages (rather than housing supply) front and center in our debate about why so many of us are finding it hard to keep a a roof over our heads. We need progressive taxation, higher minimum wages, protection from medical and education debt, and hell, why not a job guarantee?

https://pluralistic.net/2020/06/25/canada-reads/#tcherneva

I love Fix's work, and this report is no exception. He does it all in his spare time. Some nice progressive think tank should give him a grant so he can do (a lot) more of it.

That all said, I do have a quibble with his conclusion about the adequacy of the American housing supply. In California, we have a shortage of 3-4 million homes, a number arrived at through the relatively robust method of adding up the number of California families that would like to have their own homes and subtracting the number of homes available near those families:

https://en.wikipedia.org/wiki/California_housing_shortage

How to explain the discrepancy? One possibility is that the price of housing is artificially low, because more than 181,000 people are homeless here. Hundreds of thousands of more people are living in overcrowded housing, with multiple families inhabiting spaces intended for just one (or even a single person). If all of those people were competing for housing, the price might rise even higher.

Think of the people who have given up looking for work – because they're not in the workforce, wages go up. If they were competing in the labor market, wages would fall. Maybe all those people would prefer to have a job, but they're missing from the statistics.

That's one theory. Another is that we're getting tripped up on averages again here. California does have some towns with many vacancies, extra supply that is pushing down prices; it's also got many places with far more people who want to live there than there are homes for. It's possible that there's enough supply on average across the states, but – as we've seen – averages are deceptive.

Ultimately, I think both things can be true: we have a wage problem and we have (many, localized) supply problems. Both of these problems deserve our attention, and neither is acceptable in a civilized society.

Tor Books as just published two new, free LITTLE BROTHER stories: VIGILANT, about creepy surveillance in distance education; and SPILL, about oil pipelines and indigenous landback.

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/10/24/i-dream-of-gini/#mean-ole-mr-median

#pluralistic #reaganomics #trickle down #voodoo economics #housing #the rents too damned high #inequality #wage stagnation #blair fix

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