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57 sats \ 3 replies \ @SimpleStacker 27 Jan \ parent \ on: Trump 401(k) tries to fix housing crisis. It's a full-blown retirement disaster econ

Nah, you can't blame Cassandra for the Trojan War, and you can't blame economists for shitty economic policies.

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134 sats \ 2 replies \ @Undisciplined 27 Jan

Cassandra was right though! Can we really say the same?

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66 sats \ 1 reply \ @SimpleStacker 27 Jan

I don't often claim to be confident about much when it comes to economic policy, but I'm pretty confident about this one---demand subsidies aren't going to put a real dent in housing affordability unless the underlying structural issues are addressed (which I view as mostly stemming from over-regulation and monetary inflation.)

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67 sats \ 0 replies \ @Undisciplined 27 Jan

I meant the broad economist "we", but you're probably right that we generally would have this one right.

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