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.
I agree zoning is a big one.
There are some top-down factors that need to be addressed in my view; chief among them is cracking down on rental properties, and foreign investors/ownership.
Another facet to this is the deterioration of small and rural communities across the country. We have a massive amount of land and yet the population density in certain hot-spots is off the charts. In this respect, I think we need an investment in bridging the rural-city divide. That means promoting work-from home jobs with federal tax incentives, high-speed rail infrastructure akin to the Interstate system that helps link the rural communities to the cities, and high-speed internet for all akin to the investments FDR made for rural communities in bringing electricity to the masses (The REA).
The ultimate effect of this will be de-congest cities where stress is high, bring people closer to nature, and tap into unused land and foster smaller more tightly-knit communities that aren’t so disconnected from the world.