I'm not quite sure whether progressives are just incapable of understanding unintended consequences, in connection with the inclusionary zoning topic, or whether they just don't care or expect some deus ex machina to intervene and save their dumb strategy. By making housing for ex-convicts a salient political issue, they will make it harder to provide housing for ex-convicts! And harder to provide housing that people can afford in general! It's maddening!
". . . every new housing development will include poor people. This provides a very strong incentive for rich people to become NIMBYs, blocking development in rich areas in order to keep out poor people". Sad but true. Which Christian values are we supposed to be fighting to preserve against the PC-Muslim axis of woke? Not the ones in the beatitudes, clearly. And I swear if I hear one more conservative loudmouth who has never darkened the door of a church in his life, saying that we need to reclaim our religious heritage, I'll turn the other cheek.
In this society, "poor" = "crime-ridden and dysfunctional." As long as we have policies that encourage and subsidize crime and dysfunction, we have to allow the productive members of society to protect themselves from these people somehow.
Quite interesting share on the China-USA comparison and 'Abundance'- grabbing one item from quote here, it seems doubtful to me that it's operationalisable to 'import Chinese' mfg hands-on experience (as like Chinese skilled workers).
However as during the Biden era and the benighted IRA - RenEng deployement, as someone in the RE dev/invest I was constantly saying "for God's sake one needs scale! don't put up damn US walls, labor union req, look at NAFTA and EU + SK/Japan common platforming" The e.g. certain EU likeDanes, the Germans on industrial motors, would love to have scale. Industrial scale is everything for being cost competitive. China is playing US and EU...
(and of course the sheer retarded idiocy of the US only crap for off-shore wind that basically pre-failed off-shore wind for US by avoidable cost-escalation)
not that this will happen in the Orange Ergogan era but some hope future lessons.
Industrial mobility.... this seems exagerated. Unlike IT - hard industrial mfg plants are not fast to grow out of the ground and once one has the assets, one has the interest to sweat them. Of course if national level regs make the variables too expensive (labor, energy costs, primary inputs / intermediary inputs) then one wants to move - but hard assets don't spring out of the ground and if one has the proper flexibility (and variable cost efficiency), a strong interest not to be footloose free.
Energy cost, labor flexibility (Scandinavian model is fine).
Mediocre students have always gotten into Harvard, as long as they were white and rich. That was part of the value of a Harvard degree (if not a Harvard education).
LLMs also tend to converge on left nimbyism, last time I talked to Gemini. They’re very into gentrification and displacement and social housing. As much as I dislike their views on this issue, they seem to be capturing the respectable consensus of classy people who read the NYT.
Housing: Noah's comments presume a free market in housing that does not exist in many (most?) communities. Housing has absurdly high transaction fees. Beyond that is the concept of community. Communities can only absorb, at most, 12% influx of new people without losing community (empirical data on this) and generating a move to reject the noobs. Finally, in tourism communities, tourists will always outprice working individuals for a unit of housing. Which is fine, until there are no more teachers, firefighters, healthcare workers or city employees. My beef with our local housing "advocates" (Blaine County Housing Authority) is that they prioritize the lowest-skilled, least value-added jobs for housing on the most expensive real estate and thus squeeze out the middle class, the community needs to function.
The combination of high deficits, immigration and trade restrictions, even w/o the help of new bad Progressive microeconomic policies, ought to be enough to squash any productivity increased coming from other directions.
The Gallup poll results on "Republicans' Preferred Rate of Immigration" does not show a change in attitudes. An easier explained is that Republicans are more satisfied with immigration rates now that the Trump administration has changed them to nearly zero.
I think that you've read the Political spectrum charts incorrectly. The horizontal axis is labeled as 'economic' and the vertical axis as 'social,' so the lower left quadrant represents: socially AND fiscally liberal. More Elizabeth Warren than Bill Clinton. Perhaps this is due to the current media landscape, which is presumably an important training input for the model?
Having listened to the Youtube now - as someone on the investment in Energy Effic. & Renewable Energy area, and indeed the electrification industryis absolutely key - beyond just the semi-retail focus in that conversation (understood as this is more easily grasped by general pop but electrification of industrial processes is absolutely critical)
One observation is perhaps the language of Tech Stack may not be best mode of comm... insofar as it's speaking heavily in a tech-language that I would be concerned this doesn't reach new audiences as such.
Electricity eating the world - yes but I think one needs to have a Meat & Potatoes mode of conveying the why (the why is of course thermodynamic conversion efficiency crushes ICE so to dress up in gear-head versus tech-head language to better sell it)
A lower-quality monthly CPI number should not be a problem from a policy point of view. This is because the Fed's "monetary policy" should not involve the FOMC considering a wide range of data and forecasts and then using its judgment to set an interest rate target. This is the approach that has produced monetary chaos since 2001. Rather, the Fed should abandon interest rate targeting and use liquidity operations to stabilize the CRB Index (the one that closed at 304.23 on 7/17/25) at 300. This would reproduce the monetary environment of the Bretton Woods period, which was our "golden age" of middle-class prosperity.
From a macro perspective, no one should do what a machine can do, and we should invest in human capital so each person can contribute their highest and best use in the allocation of scarce resources (aka, economics).
We end up paying for unschooled labor one way or another. Either we provide them with jobs that a machine can do and give them the dignity of earning money, or we support them with welfare.
Neither option is good.
What we should do is provide every child with a quality education that prepares them to "play their best game" in the economy. Instead, the US is doing the exact opposite.
I'm not quite sure whether progressives are just incapable of understanding unintended consequences, in connection with the inclusionary zoning topic, or whether they just don't care or expect some deus ex machina to intervene and save their dumb strategy. By making housing for ex-convicts a salient political issue, they will make it harder to provide housing for ex-convicts! And harder to provide housing that people can afford in general! It's maddening!
". . . every new housing development will include poor people. This provides a very strong incentive for rich people to become NIMBYs, blocking development in rich areas in order to keep out poor people". Sad but true. Which Christian values are we supposed to be fighting to preserve against the PC-Muslim axis of woke? Not the ones in the beatitudes, clearly. And I swear if I hear one more conservative loudmouth who has never darkened the door of a church in his life, saying that we need to reclaim our religious heritage, I'll turn the other cheek.
In this society, "poor" = "crime-ridden and dysfunctional." As long as we have policies that encourage and subsidize crime and dysfunction, we have to allow the productive members of society to protect themselves from these people somehow.
Quite interesting share on the China-USA comparison and 'Abundance'- grabbing one item from quote here, it seems doubtful to me that it's operationalisable to 'import Chinese' mfg hands-on experience (as like Chinese skilled workers).
However as during the Biden era and the benighted IRA - RenEng deployement, as someone in the RE dev/invest I was constantly saying "for God's sake one needs scale! don't put up damn US walls, labor union req, look at NAFTA and EU + SK/Japan common platforming" The e.g. certain EU likeDanes, the Germans on industrial motors, would love to have scale. Industrial scale is everything for being cost competitive. China is playing US and EU...
(and of course the sheer retarded idiocy of the US only crap for off-shore wind that basically pre-failed off-shore wind for US by avoidable cost-escalation)
not that this will happen in the Orange Ergogan era but some hope future lessons.
Industrial mobility.... this seems exagerated. Unlike IT - hard industrial mfg plants are not fast to grow out of the ground and once one has the assets, one has the interest to sweat them. Of course if national level regs make the variables too expensive (labor, energy costs, primary inputs / intermediary inputs) then one wants to move - but hard assets don't spring out of the ground and if one has the proper flexibility (and variable cost efficiency), a strong interest not to be footloose free.
Energy cost, labor flexibility (Scandinavian model is fine).
What did I learn today? Personality traits like empathy, curiosity and kindness are mediocre and unmeritorious in the eyes of reactionary elitists.
Mediocre students have always gotten into Harvard, as long as they were white and rich. That was part of the value of a Harvard degree (if not a Harvard education).
Interesting that there are two #6s.
LLMs also tend to converge on left nimbyism, last time I talked to Gemini. They’re very into gentrification and displacement and social housing. As much as I dislike their views on this issue, they seem to be capturing the respectable consensus of classy people who read the NYT.
Housing: Noah's comments presume a free market in housing that does not exist in many (most?) communities. Housing has absurdly high transaction fees. Beyond that is the concept of community. Communities can only absorb, at most, 12% influx of new people without losing community (empirical data on this) and generating a move to reject the noobs. Finally, in tourism communities, tourists will always outprice working individuals for a unit of housing. Which is fine, until there are no more teachers, firefighters, healthcare workers or city employees. My beef with our local housing "advocates" (Blaine County Housing Authority) is that they prioritize the lowest-skilled, least value-added jobs for housing on the most expensive real estate and thus squeeze out the middle class, the community needs to function.
The combination of high deficits, immigration and trade restrictions, even w/o the help of new bad Progressive microeconomic policies, ought to be enough to squash any productivity increased coming from other directions.
The Gallup poll results on "Republicans' Preferred Rate of Immigration" does not show a change in attitudes. An easier explained is that Republicans are more satisfied with immigration rates now that the Trump administration has changed them to nearly zero.
"A wave of pro-immigrant politics in America seems to be on the way."
Enough to flip the Senate? That's the only thing that will stop the deportations.
I think that you've read the Political spectrum charts incorrectly. The horizontal axis is labeled as 'economic' and the vertical axis as 'social,' so the lower left quadrant represents: socially AND fiscally liberal. More Elizabeth Warren than Bill Clinton. Perhaps this is due to the current media landscape, which is presumably an important training input for the model?
Back to Sunday School for you!
Having listened to the Youtube now - as someone on the investment in Energy Effic. & Renewable Energy area, and indeed the electrification industryis absolutely key - beyond just the semi-retail focus in that conversation (understood as this is more easily grasped by general pop but electrification of industrial processes is absolutely critical)
One observation is perhaps the language of Tech Stack may not be best mode of comm... insofar as it's speaking heavily in a tech-language that I would be concerned this doesn't reach new audiences as such.
Electricity eating the world - yes but I think one needs to have a Meat & Potatoes mode of conveying the why (the why is of course thermodynamic conversion efficiency crushes ICE so to dress up in gear-head versus tech-head language to better sell it)
A lower-quality monthly CPI number should not be a problem from a policy point of view. This is because the Fed's "monetary policy" should not involve the FOMC considering a wide range of data and forecasts and then using its judgment to set an interest rate target. This is the approach that has produced monetary chaos since 2001. Rather, the Fed should abandon interest rate targeting and use liquidity operations to stabilize the CRB Index (the one that closed at 304.23 on 7/17/25) at 300. This would reproduce the monetary environment of the Bretton Woods period, which was our "golden age" of middle-class prosperity.
Is losing jobs in the fast food industry a bad thing? Did fast food restaurants automate and reduce costs or serve less customers?
It probably is for the person who lost the job. Especially if they originally took it because it was the best option available to them.
True but from a macro perspective I think that result isn’t bad
From a macro perspective, no one should do what a machine can do, and we should invest in human capital so each person can contribute their highest and best use in the allocation of scarce resources (aka, economics).
We end up paying for unschooled labor one way or another. Either we provide them with jobs that a machine can do and give them the dignity of earning money, or we support them with welfare.
Neither option is good.
What we should do is provide every child with a quality education that prepares them to "play their best game" in the economy. Instead, the US is doing the exact opposite.
Time to learn Mandarin.