State of the Union 2024

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Moonbeam

Elite Member
Nov 24, 1999
74,279
6,637
126
We create what we fear. The insanity of Republicans has driven many a Democrat mad. Mad people are miserable in any economy. Gratitude flew out the window. The meek will inherit the world because the joy of being is a gift that only the empty of ego can receive. The kingdom of heaven is all around you.

You do what you want but I'm going to eat some worms. It's my misery that gives my life meaning. Without bad luck I wouldn't have any luck at all. Why does this always happen to me. Just my luck I guess.
 

JD50

Lifer
Sep 4, 2005
11,873
2,734
136
In 2020/2021 I wasn't spending $120/bag on groceries, I know that much.
What the fuck? Yea neither was I because they didn't even have toilet paper. I also wasn't spending any money going out because the whole world was shut down, yea those "zoom happy hours" were the peak of modern society.
 

[DHT]Osiris

Lifer
Dec 15, 2015
16,926
16,002
146
What the fuck? Yea neither was I because they didn't even have toilet paper. I also wasn't spending any money going out because the whole world was shut down, yea those "zoom happy hours" were the peak of modern society.
You didn't buy TP in bulk in December like the rest of us?

Yeah that was a good time though. Wfh, no expectations of social interactions, good times.
 
Dec 10, 2005
27,671
12,096
136
You know how shit works. Joe Developer buys a house or two in a neighborhood...wants to build some kind of mega-condo project...gets the city to change zoning rules to permit it. Then, when homeowners refuse to sell...he gets the city to file emminent domain for the holdouts. Does it haapn regularly? Hopefully not...but it happens.
How would not rezoning prevent this? If Big Bad Developer with the city council in their pocket could get them to eminent domain, why couldn't they also just get a variance at the same time?

And if this is all near new transit and development areas, existing homeowners could really cash out big - their land becomes extremely valuable when such developments start happening nearby.

Maybe we should just have a land value tax instead of the current property tax structure to encourage more efficient uses of highly valuable urban and central suburban land.
 

fskimospy

Elite Member
Mar 10, 2006
87,430
54,151
136
How would not rezoning prevent this? If Big Bad Developer with the city council in their pocket could get them to eminent domain, why couldn't they also just get a variance at the same time?

And if this is all near new transit and development areas, existing homeowners could really cash out big - their land becomes extremely valuable when such developments start happening nearby.

Maybe we should just have a land value tax instead of the current property tax structure to encourage more efficient uses of highly valuable urban and central suburban land.
Also this whole idea that the world works like some 80's movie where the neighborhood kids need to band together to save the local rec center from development is ridiculous.

I've never been able to understand how people can look at mass homeless encampments, people sleeping in their cars, etc. surrounded by flyers telling people to fight the construction of new housing and be like 'the greedy developers are the real problem here'.
 
Dec 10, 2005
27,671
12,096
136
Vox has a pretty good explainer and I believe they stop far short of calling this the best economy of our lifetime.

It's funny that for all the "economy bad" talk, people are still spending tons of money on discretionary things, and overall spending more eating out than eating in from some of the last Federal Reserve data I saw.
 
Reactions: Zorba and hal2kilo

JD50

Lifer
Sep 4, 2005
11,873
2,734
136
You didn't buy TP in bulk in December like the rest of us?

Yeah that was a good time though. Wfh, no expectations of social interactions, good times.
Wow, speaking of out of touch limousine liberals. Glad you enjoyed working from home and living like a recluse, meanwhile millions of people were out of work, small businesses shuttered, and millions more worried about losing their job every single day for months on end. But at least gas was cheap right?
 
Reactions: Brainonska511

fskimospy

Elite Member
Mar 10, 2006
87,430
54,151
136
It's funny that for all the "economy bad" talk, people are still spending tons of money on discretionary things, and overall spending more eating out than eating in from some of the last Federal Reserve data I saw.
That article definitely has an NYT Pitchbot vibe to it. The two charts about why things are 'bad' are 1) a lower savings rate, which makes perfect sense as actual savings are still high. (people save less when they've already got a bunch saved!). The second chart showing record credit card debt is doing so in nominal terms instead of as a percentage of GDP, which makes no sense.
 

dank69

Lifer
Oct 6, 2009
36,990
32,262
136
That article definitely has an NYT Pitchbot vibe to it. The two charts about why things are 'bad' are 1) a lower savings rate, which makes perfect sense as actual savings are still high. (people save less when they've already got a bunch saved!). The second chart showing record credit card debt is doing so in nominal terms instead of as a percentage of GDP, which makes no sense.
The problem with the US economic confidence index is that when a Republican is president, Republicans will say the economy is great whether it is or not, and Democrats will give a more honest answer. If the economy is strong they will for the most part acknowledge it. When a Democrat is president, Republicans will say the economy sucks no matter what is actually happening and Democrats will again be more honest. This index will always skew favorably toward Republican presidents no matter what happens in reality.
 

[DHT]Osiris

Lifer
Dec 15, 2015
16,926
16,002
146
Wow, speaking of out of touch limousine liberals. Glad you enjoyed working from home and living like a recluse, meanwhile millions of people were out of work, small businesses shuttered, and millions more worried about losing their job every single day for months on end. But at least gas was cheap right?
No idea where gas was, never went anywhere.

I was lucky enough to have a job I could WFH from, that whole period sucked ass for most people. FWIW I was worried about losing my job every day for months on end as well.
 

HomerJS

Lifer
Feb 6, 2002
38,281
31,161
136
It's funny that for all the "economy bad" talk, people are still spending tons of money on discretionary things, and overall spending more eating out than eating in from some of the last Federal Reserve data I saw.
It's like I've said before, bitching about the rising price of Snickers bars when I can get chicken thighs .99/lb everyday regular price.
 

JD50

Lifer
Sep 4, 2005
11,873
2,734
136
The problem with the US economic confidence index is that when a Republican is president, Republicans will say the economy is great whether it is or not, and Democrats will give a more honest answer. If the economy is strong they will for the most part acknowledge it. When a Democrat is president, Republicans will say the economy sucks no matter what is actually happening and Democrats will again be more honest. This index will always skew favorably toward Republican presidents no matter what happens in reality.
Exactly, see the millions of Republicans and "Independents" waxing nostalgic for 2020.
 

fskimospy

Elite Member
Mar 10, 2006
87,430
54,151
136
The problem with the US economic confidence index is that when a Republican is president, Republicans will say the economy is great whether it is or not, and Democrats will give a more honest answer. If the economy is strong they will for the most part acknowledge it. When a Democrat is president, Republicans will say the economy sucks no matter what is actually happening and Democrats will again be more honest. This index will always skew favorably toward Republican presidents no matter what happens in reality.
This is very true - as you say both parties will swing their views of the economy based on who is president but the swing is about twice as large for Republicans.

 
Reactions: hal2kilo

K1052

Elite Member
Aug 21, 2003
51,408
43,900
136
You know how shit works. Joe Developer buys a house or two in a neighborhood...wants to build some kind of mega-condo project...gets the city to change zoning rules to permit it. Then, when homeowners refuse to sell...he gets the city to file emminent domain for the holdouts. Does it haapn regularly? Hopefully not...but it happens.

This is in my experience extremely rare for resi development and I've never personally seen a real world case of it myself.

And I've had properties ED'd by cities before.
 

K1052

Elite Member
Aug 21, 2003
51,408
43,900
136
And if this is all near new transit and development areas, existing homeowners could really cash out big - their land becomes extremely valuable when such developments start happening nearby.

This has been happening in LA where they juiced zoning near some light rail stops and the SFH owners have been selling for really big bucks. Nobody should feel sorry for them.
 
Reactions: Zorba and hal2kilo

Moonbeam

Elite Member
Nov 24, 1999
74,279
6,637
126
This has been happening in LA where they juiced zoning near some light rail stops and the SFH owners have been selling for really big bucks. Nobody should feel sorry for them.
This is how we cleared huge numbers of Black people from the slums that form where they congregate in my local neighborhood. Give um a tempting amount of cash and they flee those blighted areas like rats. Gets rid of them and gets rid of their culture and all by offering free choice. Nobody will feel sorry for them if already you can’t feel anything.
 

K1052

Elite Member
Aug 21, 2003
51,408
43,900
136
This is how we cleared huge numbers of Black people from the slums that form where they congregate in my local neighborhood. Give um a tempting amount of cash and they flee those blighted areas like rats. Gets rid of them and gets rid of their culture and all by offering free choice. Nobody will feel sorry for them if already you can’t feel anything.

GTFO

 

Moonbeam

Elite Member
Nov 24, 1999
74,279
6,637
126
This is very true - as you say both parties will swing their views of the economy based on who is president but the swing is about twice as large for Republicans.

This goes hand in hand with the fact that the brains of liberals and conservatives differ, I would suggest by the kind and degree of severity on the physical and emotional abuse they suffered and have not dealt with in childhood. Conservatives excell at avoidance and denial of facts that threaten their egos.

We sold out our selves as children, had to in order to survive, buying into whatever sacred cows the authority figures around us would end their tormenting behaviors, including becoming the new enforcers of that hell.

The big thing that conservatives fear is the realization of the utter transparency of the degree they will go in rationalizing away any feelings of shame. They can hate a Democrat and praise a Republican for exactly the same thing and never see it at all. They can’t permit themselves to feel shame because they had to kill it to survive.
 

Zorba

Lifer
Oct 22, 1999
15,613
11,254
136
You know how shit works. Joe Developer buys a house or two in a neighborhood...wants to build some kind of mega-condo project...gets the city to change zoning rules to permit it. Then, when homeowners refuse to sell...he gets the city to file emminent domain for the holdouts. Does it haapn regularly? Hopefully not...but it happens.
At least here it's illegal for the state to use eminent domain for private enterprise. Just a few ago OKC was building a new convention center and hotel. But even though the hotel property is fully owned by the city, it couldn't be placed on property that was gotten through eminent domain, since it was going to operated by a private company.

I'm sure many other states have similar laws.

Regardless, people get paid fair market value for their property, usually over fair market value, and adding density is generally better for the greater good.
 

K1052

Elite Member
Aug 21, 2003
51,408
43,900
136
Regardless, people get paid fair market value for their property, usually over fair market value, and adding density is generally better for the greater good.

Sometimes yes sometimes no on fair value paid. Usually depends on the entity doing the paying and if they have an axe to grind. We ended up in litigation a number of times.
 

GettyRoad

Golden Member
Mar 5, 2016
1,171
350
136
This special counsel report doesn't look good for Biden.

I think Dems would do best looking at Newsom, Oprah or Cal Ripken to save them.....
 

hal2kilo

Lifer
Feb 24, 2009
25,518
11,901
136
This has been happening in LA where they juiced zoning near some light rail stops and the SFH owners have been selling for really big bucks. Nobody should feel sorry for them.
Where I grew up there are no empty lots. They just bulldoze the house you grew up in, then put up something that eats up 50% of your old yard. That house was about a mile and a half from the Sycamore Street Metro station (Arlington).
 
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