Oh, I think some environmental regulations might be okay, unless you want our children to be living in a toxic stew as the Chinese do.
Posted on 09/19/2017 8:06:04 PM PDT by MilesVeritatis
IMO < the illegal immigrants drove California’s property prices sky high. Why do I say this?
When you toss in millions of new people to a region, you increase the demand for property. It’s as simple as that.
While some folks would wonder how they can afford homes, most folks don’t think in terms of two or more families living in a single family dwelling. Some of the middle class homes from the 60s, 70s, and 80s are now sporting two families and bits of three more. Some are just flat out housing three to five families.
All these people contribute to the pool of funds. They make it work.
They come from Mexico where the standard of living for many of them is much worse than it is here. Even crammed into a single family dwelling, it’s still better than living in Mexico.
One single middle-class family can’t buy a home here, because so many homes have become two family or more dwellings.
If all we had here were citizens competing for homes on a one family per unit basis, the home prices would not be so elevated.
Also the cartels bring in hundreds of billions...For a long time they had so much money they trouble moving the money or buying big ticket items. So they funneled the money to extended families etc...In turn they purchased businesses and homes all over the LA area. Prices were of little concern.
And ask the realtors about wealthy foreign nationals buying up homes in S. CA. They’ll tell ya.
It would be far more efficient to refrain from imposing those pointless regulations than to impose them and then attempt to offset them with tariffs.
And furthermore, I'll see your Beijing, and raise you an Animas River:
Special festive coloring courtesy of the wonderful environmental regulators at the EPA.
While in construction since the late 60s, I did spend a little time in the steel fabrication industry in the early 70s. I had the privilege to work with a Dutchman that had emigrated from Holland after the war as a youngster.
Because of his wide experience he had a way of looking at things that was especially revealing. He pointed out why we had begun to buy Japanese steel. First of all, their mills were much newer than ours — thickness and related quality was superior to what came out of our older mills at that time (74). He pointed out how, like the auto industry, the steel industry had both union and management screwing over the consumer taking all they could at the trough. No concern for wages staying under foreign pressure or investment in mills that we vastly outdated. Eventually steel and cars from halfway around the world from newer plants were less costly and better quality than what came out of the rust belt.
Five years and ten years later, we began to read this same analysis in business magazines.
Funny you should mention that. I have long maintained that the decline of the American Republic began when we abandoned the practice of tar and feathers.
It’s never good to let the govt lose its fear of the citizenry, but we did.
This website estimates this theoretical family's CA state income tax could be around $2k for a family of 4 at $60k. That puts you at $50.5k after all taxes are paid.
The American steel industry died because it was no longer competitive. Some chalk it up to unions, but all the various factors in the price equation contributed to a price that was to expensive for buyers.
Buy American for commodities is isolationist.
You are as usual wrong. The imported steel is not crappy.
I review lots and lots of steel material test reports (MTR’s) from literally all over the world certifying compliance with ASTM and EU 10201 3.1 standards. I often review a batch of MTR’s for steel materials in one US product from as many as 10 or 12 different national producers.
To sell their products, the foreign producers have adapted American, that would be ASYM, standards.
Not talking about 401k. Never mentioned it. What about the rest of the taxes in CA besides what the feds loot?
Why don’t you dry hump some imported Chinese rebar.
Btw, I’m not buying the site you provided used to calculate state taxes. But lets assume it’s correct.
And lets says they got 2 people working full time are bringing home 50k, assuming they’re combined 60k income they will only be taxed about 10k per year in CA according to you.
How are they going to afford the typical half million dollar home on 50k? You seem to be good at numbers, do them. And be sure and throw in all the health insurance, food, utilities, repairs, et al.
Our parents and grandparents did fine with out imported steel or virtually anything else.
42 million people, or is it households, on food stamps. Telling such people that you have a job for them is like telling someone looting a store that you.....have a job for them.
We recently took Project Nova—our 1968 Chevy II—to RideTech’s weigh-in, and got the exact numbers. With a full tank of fuel and no driver, it was 3,419. Buick Riviera 425/3AT 4,200 lbs...Pontiac 2+2 421/4MT 4,155lbs, Oldsmobile Toronado 425/3AT 4,496lbs, Ford Thunderbird 429/3AT 4,755 lbs,...HEH HEH
And this is another reason why the young adults nowadays don’t even seem interested in the big ticket items such as homes and news cars etc...There is a good reason for their lack of interest. When there is no way you’re ever going to buy those items, you won’t have any interest nor will they spend much time thinking about them. In CA, it’s basically unobtainable for millions of younger working Americans.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.