What?
I honestly don’t know what to say about the NY Times anymore. It just gets worse and worse. There are obviously some great reporters there and they do some incredible work. But this kind of stuff is just killing their credibility.
America’s gaping shortage of affordable housing has rocketed to the top of voter worry lists and to the forefront of campaign promises, as both the Democratic nominee, Kamala Harris, and the Republican candidate, Donald J. Trump, promise to fix the problem if they are elected.
Their two visions of how to solve America’s affordable housing shortage have little in common, and Ms. Harris’s plan is far more detailed. But they do share one quality: Both have drawn skepticism from outside economists.
NY Times Pitchbot couldn’t have said it better.
In fact, only one of them is an actual policy while the other one is a xenophobic wet dream disguised as one. To even compare them is absurd,
Ms. Harris is promising a cocktail of tax cuts meant to spur home construction — which several economists said could help create supply. But she is also floating a $25,000 benefit to help first-time buyers break into the market, which many economists worry could boost demand too much, pushing home prices even higher. And both sets of policies would need to pass in Congress, which would influence their design and feasibility.
That sounds like a plan, which will have to be worked out through negotiation with all sides and depending on the majorities or lack thereof in congress it may or may not be realized. That’s called normal democratic governance. Fine.
So what does the other side have to offer to solve this problem?
Mr. Trump’s plan is garnering even more doubt. He pledges to deport undocumented immigrants, which could cut back temporarily on housing demand but would also most likely cut into the construction work force and eventually limit new housing supply. His other ideas include lowering interest rates, something that he has no direct control over and that is poised to happen anyway.
It’s “garnering even more doubt?” No kidding. It sounds like they are trying to sell their fascist round up as a way to confiscate people’s property. Golly, I wonder where they got that idea?
The deportation plan, if implemented, would wreck the US economy in general and the idea that anyone would take it seriously as a housing policy is beyond belief. What in the world are they thinking?
As for interest rates, Trump will just take credit for lowering them even though anyone who understands what the Fed is knows he would have nothing to do with it. Nonetheless, it’s part of his “plan” that we are asked to measure against Harris’ actual policy and judge to be no more lacking in substance.
Something very bad is happening at the paper of record. This isn’t about “taking sides” or reporting the fact. They are no longer reporting the truth.