Showing posts with label United States. Show all posts
Showing posts with label United States. Show all posts

Friday, August 18, 2017

America Is Finished.



Morris Berman is right, America is finished!

With the ever-increasing mutual backlash between the white supremacist alt-right, the Christian right, the libertarian right, the establishment center a.k.a. the government, the politically correct left and the Marxian-anarchist ultra-left, we are on a vicious (virtuous?) circle toward Civil War 2.0. Actually, like the War Between the States, this will be no real civil war (two factions competing for power like the War of the Roses, the English Civil War of the mid-Seventeenth Century and the Russian Civil War of 1917-1921) but an uncivil war between multiple cultures with irreconcilable differences with each other. Madness!

From The Daily Signal---although I don't agree with the writer's politics I do for the most part agree with this:

  I Went to Charlottesville During the Protests. Here’s What I Saw. (Jarrett Stepman)
In a country of 320 million people of stunningly diverse ethnic backgrounds and philosophies, this is a fire bell in the night for complete cultural disintegration. The end result will be uglier than the already sickening events that took place this past weekend.

The Federalist’s publisher, Ben Domenech, rightly noted what this means for the direction of the country: “[I]t is the open conflict of a nation at war with itself over its own character. This war will end badly, no matter how it plays out. And the way this story ends is in demolishing [Thomas Jefferson’s] Monticello brick by brick.”

There is no arc of history bending perpetually on its own toward justice. History is instead a series of twists and turns, influenced by cultural and social forces as well as individuals and communities.

America has never been a perfect nation. It has benefitted from great ideas advanced by imperfect men, and almost miraculously formed a great and good national community
[Ed-M: really!?] out of widely disparate elements.
A great national community, true, not necessarily a good one.

From Liberty's Blitzkrieg via The Automatic Earth:

  Americans Are Rapidly Descending Into Madness (Krieger)
I don’t live in an echo chamber, partly because there aren’t enough people out there who think like me, but also because I constantly and intentionally attempt to challenge my worldview by reading stuff from all over the political map. I ingest as much as I can from a wide variety of intelligent sources, picking and choosing what makes sense to me, and then synthesizing it the best I can. Though I’m certainly grounded in certain key principles, my perspective on specific issues remains malleable as I take in additional information and perspectives. I try to accept and acknowledge my own ignorance and view life as a journey of constant mental, emotionally and spiritual growth. If I’m not growing my capacity in all of those realms until the day I die, I’m doing it wrong. Life should be seen as a battle against one’s own ignorance, as opposed to an obsession with the ignorance of others.

You can’t legislate morality, nor can you legislate wisdom. The only way the world will improve on a long-term sustainable basis is if more of us get wise. That’s a personal journey and it’s our individual duty to accept it. While I’m only in control of my own behavior, this doesn’t mean that the behavior of others is irrelevant to my life. Unfortunately, what I see happening to the population of America right now seems very troublesome and foreboding. What I’m witnessing across the board is hordes of people increasingly separating themselves into weird, unthinking cults. Something appears to have snapped in our collective consciousness, and many individuals I used to respect (on both sides of the political spectrum) are becoming disturbingly polarized and hysterical. People are rapidly morphing into radicalized mental patients.

What’s worse, this environment is providing a backdrop for the most destructive people of my lifetime – neoconservatives and neo liberals – to preen around on corporate media as “the voices of reason.” This is one of the most perverse and dangerous side-effects of the current political climate. If in your disgust with Trump, you’re willing to run into the cold embrace of these destroyers of the middle class and the Middle East, you’ll get what you deserve. In contrast, if we really want to deal with our very real and very systemic problems, the last thing we need is a population-level mental breakdown that leads to a longing for the criminally destructive political status quo, yet that’s exactly what seems to be happening.
Why do the Gods hate America? 😉

Tuesday, April 18, 2017

Income Required for a Median-Priced Two-Bedroom Apartment.

In 2006, the hourly wage required to afford the average market-rate priced two-bedroom apartment was $16.31 an hour.  This equated to $2,287 a month or $33,925 a year.  Assuming the limit of affordability at 1/3 the monthly gross income (1/2 net income after taxes), the average market rate nationwide was $942.00 a month.

What are the requirements in 2017?

Source: ZeroHedge via The Automatic Earth
Well it looks like the average rent is about $1,540 a month.  So what are the income requirements? Gross monthly income required to be able to afford one at 33% affordability index is $4,620 a month, $55,440 a year.  This computes to an hourly wage of $26.65 an hour. Half of that for a two-wageearner family is $13.33 an hour. An HOUR! Clearly, a lot of businesses cannot afford to pay this kind of wage, especially when their establishments are subject to the same insane rent inflation that residential apartments' prices are going through.

Which is why half of all people have a family income less than the (2015) median of $56,516.

What kind of a madhouse country when you need to have the kind of wage distribution close to the average that people like Barbara Ehrenreich found was found to exist in places like Key West FL (yes, I know: an expensive outlier), Portland, ME and Minneapolis-St Paul, MN.  The rental rates affordable enough for those making minimum wage ($7.25/hr for two wage earners per household) exist only in the markets at the low end of the scale below for average market rates, measured county by county:

Source: ZeroHedge

You see, the cheapest is about half the national average and a lot are bunched right around this average of $1,540 a month.  Half the rest are distributed in-between and the remainder above the average, up to about $4,800 a month (San Francisco).  Obviously the more expensive markets have a severe affordability problem and the less expensive markets probably have a jobs shortage.

We need to stop the inflation in property sales and rental prices.