On the inflation front ...

[Cavedweller]

Has anyone noticed that corporations are publicly owned? Anyone can invest in the open market and share in the profits. Whether you know it or not, you benefit when corporations make money, through your retirement fund (public or private), your 401K, or your IRA. Or, if you are smart, your brokerage account.

Or, you can spend your nights and your money in "the club," drinking and chasing loose women, and complaining about "corporate profits."

 

[Provincial]

40 hours used to be enough, but then corporate greed took over about 50 years ago. There's been a steady assault on people's paychecks ever since. We have record corporate profits but not record setting wages. Ask why. When we all figure out both parties are in cahoots with the mega-corporations and the super-rich...then real change will happen. Until then, we'll just fight over red vs. blue while they take more and more of our green! Good times.

The fact that between Women's Liberation and birth control, the labor market was flooded with women, increasing the labor force by almost half, had nothing to do with wage stagnation?

The end result was to make most families require two full-time workers to maintain the same lifestyle. Any children were relegated to outside child care that was under regulation, if not actual control, of the State.

The Corporations benefited from this shift, but were not the source of it.

 

[Koda]

Corporate criticism is interesting to me, I used to be critical of corporate greed from the influences of my liberal friends, until the internet came along. Then on I noticed a trend of all my liberal friends complaining about corporate american greed on platforms like Facebook while using their iphones.
I no longer complain about large corporations making money in fact I want them to make money.

 

[Cavedweller]

The fact that between Women's Liberation and birth control, the labor market was flooded with women, increasing the labor force by almost half, had nothing to do with wage stagnation?

The end result was to make most families require two full-time workers to maintain the same lifestyle. Any children were relegated to outside child care that was under regulation, if not actual control, of the State.

The Corporations benefited from this shift, but were not the source of it.

Succinctly and eloquently stated.

 

[oremike]

When business were doing good and making money so was I. Better pay and benies. Lots of overtime and matching contributions to my retirement plan.

 

[nwslopoke]

Corporate criticism is interesting to me, I used to be critical of corporate greed from the influences of my liberal friends, until the internet came along. Then on I noticed a trend of all my liberal friends complaining about corporate american greed on platforms like Facebook while using their iphones.
I no longer complain about large corporations making money in fact I want them to make money.

How would you compare the American style with other western run corporations? They have extended mandatory time away from work. For example, the workers in Europe have the added benefit of close proximity to other cultures only hours away. A week in Spain one week. A week in Italy the next. In the US we often have working vacations or use the time for things we can't fit into our schedules. I also see opposing levels of prioritizing work/life/money.

 

[monkeybutler]

The fact that between Women's Liberation and birth control, the labor market was flooded with women, increasing the labor force by almost half, had nothing to do with wage stagnation?

The end result was to make most families require two full-time workers to maintain the same lifestyle. Any children were relegated to outside child care that was under regulation, if not actual control, of the State.

The Corporations benefited from this shift, but were not the source of it.

https://www.simonandschuster.com/books/Why-Nothing-Works/Marvin-Harris/9780671635770

"This book is about cults, crime, and shoddy goods, and the shrinking dollar. It's about porno parlors, and sex shops, and men kissing in the streets. It's about daughters shaking up, women on the rampage, marriages postponed, divorces on the rise, and no one having kids. It's about old ladies getting mugged and raped, people shoved in front of trains, and shoot-outs at gas pumps. And letters that take weeks to get delivered, waiters who throw food at you, rude sales help, and computers that bill you for things you never bought. It's about broken benches, waterless fountains, cracked windows, dirty toilets, crater-filled roads, graffiti-covered buildings, slashed paintings, toppled statues, stolen books. It's about shoelaces that break in a week, bulbs that keep burning out, pens that won't write, cars that rust, stamps that don't stick, stitches that don't hold, buttons that pop off, zippers that jam, planes that lose their engines, reactors that leak, dams that burst, roofs that collapse... It's about astrologers, shamans, exorcists, witches, and angels in space suits... It's about a lot of other things that are new and strange in America today."

 

[Mono1]

Has anyone noticed that corporations are publicly owned? Anyone can invest in the open market and share in the profits. Whether you know it or not, you benefit when corporations make money, through your retirement fund (public or private), your 401K, or your IRA. Or, if you are smart, your brokerage account.

Or, you can spend your nights and your money in "the club," drinking and chasing loose women, and complaining about "corporate profits."

JEEZ. Decisions, decisions.

Just Kidding. Totally with you @Cavedweller It is amazing how people complain about big greedy corporations and then I ask them if they have a 401K and they don't get the idea they are a Capitalist. Their Eyes Glaze Over. LOL.

 

[Koda]

How would you compare the American style with other western run corporations? They have extended mandatory time away from work. For example, the workers in Europe have the added benefit of close proximity to other cultures only hours away. A week in Spain one week. A week in Italy the next. In the US we often have working vacations or use the time for things we can't fit into our schedules. I also see opposing levels of prioritizing work/life/money.

I'm not certain what you mean by "other western run corporations" but if European corps... I'm not world traveled so its hard for me to judge.
My thoughts on this are open but I'll go out on a limb here... while Europeans have closer proximity to other cultures my understanding is in rural areas they work just as hard as us blue collar Americans and with the much higher taxes that cover those overly regulated corporation time off mandates, presumably paid. Some of my rich white collar friends have surprisingly large amount of paid vacation time they are always inviting me on lavish adventure vacation trips I don't have the PTO for (or money).
I guess I don't see why European corporations wouldn't be just as "greedy" to make money as US corps they just learn to work within the regulations of their country.

 

[arakboss]

When it comes to regulations around
housing, less would likely be better for prices.

It's going to take a big bucket of different solutions to fix our housing price problems.

Some ideas are:

Get rid of urban growth boundaries

Loosen building codes

Loosen residential zoning restrictions

Lower property taxes

Lower builder fees

Minimize tenant rights

Loosen street parking restrictions.

Incentivize lower cost housing sizes with tax breaks.

Incentivize companies to provide housing credits to their working poor employees

Loosen restrictions for on site camping at job sites, company parking lots, vacant lots, etc.

Incentivize homeowners or renters to sublet space (take on roommates) with tax breaks on rental income and or property taxes.

Get rid of tax implications when rental properties are sold.

Allow for non-standard occupation of commercial spaces for residential living.

More ideas to come....

 

[Mono1]

When it comes to regulations around
housing, less would likely be better for prices.

It's going to take a big bucket of different solutions to fix our housing price problems.

Some ideas are:

Get rid of urban growth boundaries

Loosen building codes

Loosen residential zoning restrictions

Lower property taxes

Lower builder fees

Minimize tenant rights

Loosen street parking restrictions.

Incentivize lower cost housing sizes with tax breaks.

Incentivize companies to provide housing credits to their working poor employees

Loosen restrictions for on site camping at job sites, company parking lots, vacant lots, etc.

Incentivize homeowners or renters to sublet space (take on roommates) with tax breaks on rental income and or property taxes.

Get rid of tax implications when rental properties are sold.

Allow for non-standard occupation of commercial spaces for residential living.

More ideas to come....

Well Said.

Government is just a restriction on Freedoms and a Creator of Shortages where there aren't any..

 

[Lilhigbee]

Deporting 30,000,000 people who don't belong here should free up some beds.

As a landlord for twenty-plus years I have some ideas; Do away with the $60/unit fee Potland charges for no reason. That's $5/month the tenant gets to pay. Do away with the misc paperwork Portland requires that costs me $150 for my tax preparer to sort out and file. That's $12.50/month my tenant gets to pay. Do away with forced Section 8 acceptance. That will drive me out of the landlord business when my tenant moves out. I will not be forced to accept Section 8, I'll sell the house first, removing one more three-bedroom house from the rental pool. Allow landlords to do real background checks and credit checks so they can weed out bad tenants at the start. Make it possible to evict bad tenants in less than 75 days. Don't provide free legal representation for every POS that does get evicted.

 

[arakboss]

View: https://youtu.be/nUFZ1_fC3Kw?feature=shared

 

[arakboss]

Deporting 30,000,000 people who don't belong here should free up some beds.

As a landlord for twenty-plus years I have some ideas; Do away with the $60/unit fee Potland charges for no reason. That's $5/month the tenant gets to pay. Do away with the misc paperwork Portland requires that costs me $150 for my tax preparer to sort out and file. That's $12.50/month my tenant gets to pay. Do away with forced Section 8 acceptance. That will drive me out of the landlord business when my tenant moves out. I will not be forced to accept Section 8, I'll sell the house first, removing one more three-bedroom house from the rental pool. Allow landlords to do real background checks and credit checks so they can weed out bad tenants at the start. Make it possible to evict bad tenants in less than 75 days. Don't provide free legal representation for every POS that does get evicted.

I think more people would consider being landlords if tenants weren't given so many "rights".

 

[arakboss]

Deporting tens of millions of illegals should increase rental vacancies. At the same time it will add to the labor shortage and drive up labor cost, including wages.

If the mass deportations really happen (I'm doubtful they will), it will be interesting to see if rental prices come down. My suspicion is they won't, especially in States like Oregon with rent control rates. The rise in wages will provide more money for people to spend on rent and everything else.

There will be fewer workers to build housing and the legal workers that remain will get paid more. That will lead to increased cost for builders and result in even less houses being built.


I suspect it's well over 20% of workers.

A fifth of construction workers lack permanent legal status. Can the next president change that?

Illegal immigration has dominated the headlines during this election season, but building pros are calling for help to get skilled workers to jobsites.

www.constructiondive.com

 

[arakboss]

When it comes to regulations around
housing, less would likely be better for prices.

It's going to take a big bucket of different solutions to fix our housing price problems.

Some ideas are:

Get rid of urban growth boundaries

Loosen building codes

Loosen residential zoning restrictions

Lower property taxes

Lower builder fees

Minimize tenant rights

Loosen street parking restrictions.

Incentivize lower cost housing sizes with tax breaks.

Incentivize companies to provide housing credits to their working poor employees

Loosen restrictions for on site camping at job sites, company parking lots, vacant lots, etc.

Incentivize homeowners or renters to sublet space (take on roommates) with tax breaks on rental income and or property taxes.

Get rid of tax implications when rental properties are sold.

Allow for non-standard occupation of commercial spaces for residential living.

More ideas to come....

Higher density zoning and better utilization of housing and land space would help.
If a single person is living in a 2000sq ft 3 bedroom home versus a family of four that is not a great utilization of space.

 

[arakboss]

Bad news if you’re looking to buy a house in the next two years | CNN Business

America’s housing market has entered a new normal.

amp.cnn.com

 

[Koda]

Ive heard squatters have equal or more rights to your rental house than actual tennants...
Lets start with fixing that.

 

[unionguy]

The fact that between Women's Liberation and birth control, the labor market was flooded with women, increasing the labor force by almost half, had nothing to do with wage stagnation?

The end result was to make most families require two full-time workers to maintain the same lifestyle. Any children were relegated to outside child care that was under regulation, if not actual control, of the State.

The Corporations benefited from this shift, but were not the source of it.

Busting the unions had a lot to do with wage stagnation. There's a great graph you can google that shows how productivity and wages rose in tandem from the 1940s through the late 1970s. They diverge in the 1980s--productivity kept going up, wages did not (when adjusted for inflation). That "gap" of more and more productivity from workers but not more pay is "where" all the enormous profits come from. It's massive now. What happened in the 1980s? Union-busting started. At one point, unions represented 30% (in the 1940s and 1950s) of all US workers, now it is about 10%.

 

[Certaindeaf]

Busting the unions had a lot to do with wage stagnation. There's a great graph you can google that shows how productivity and wages rose in tandem from the 1940s through the late 1970s. They diverge in the 1980s--productivity kept going up, wages did not (when adjusted for inflation). That "gap" of more and more productivity from workers but not more pay is "where" all the enormous profits come from. It's massive now. What happened in the 1980s? Union-busting started. At one point, unions represented 30% (in the 1940s and 1950s) of all US workers, now it is about 10%.

Pretty sure the unions busted themselves by disappearing their respective retirement funds repeatedly, thereby instituting laws requiring actual funding and maintenance of those funds.