Fox cable hosts are doing the job of the chair of the White House Council of Economic Advisers, Jared Bernstein, by admitting that the economy under President Biden is strong. Bernstein joins MSNBC’s Ali Velshi to discuss the latest “expectation-busting” jobs report.
Also forgetting that the “then some” part is only warranted if we want an incentive for people to buy houses to rent out. If it was a socially beneficial thing to do. Society would not lose out if buying a house on a mortgage and renting it out was not a profitable thing to do.
Exactly. If it wasn’t so exploitatively profitable, fewer people would do it, and more houses would be available on the market - lowering prices and giving more people an opportunity to buy and own their own home.