Interest rates have become like rent control.

By Justin Katz | April 25, 2024 |
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A mechanic stares down a destroyed machine

And they’re both artificial thresholds created by interventionist policies.  realEstateTrent makes a great point, here:

realEstateTrent: Guy I know was making hundreds of thousands a year, but stayed in an apartment he and his wife had outgrown. Why?

 

Progressive policies, which shift decision-making to the blunt tool of government, create these unhealthy thresholds everywhere.  People stay on the public dole because they’d have to earn so much money for a job to be worthwhile that no job for which they’re qualified will suffice.  They stay in houses that aren’t a good fit because the current arrangement is so sweet that the incremental benefit of a change is too small.

In a healthy system, you want to reduce friction from one step to the next and match effort (or risk) to reward so parties have continual incentive to improve.  This is so obvious to anybody who thinks about it that one has to conclude the goal of those progressives who think about it is to stifle improvement for their own benefit.

 

Featured image by Justin Katz using Dall-E 3 and Photoshop AI.

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Government-funded journalism is a bad idea.

By Justin Katz | April 25, 2024 |
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A water drop and ripples

One suspects mainstream journalists don’t see this as a problem because they can’t imagine reporting any differently just because the governments they support are directly paying them money:

grantbosse: Remarkably bad idea. Government-funded journalism is propaganda.

And realistically, we’re finding in Rhode Island that government PR is such a lucrative next step for journalists that it’s more a question of whether they work for government sooner or later in their careers.

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Land use may be the dog that’s not barking in the housing debate.

By Justin Katz | April 24, 2024 |
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A man dreams of depopulation.

Catching up on email, I came across this October article from the American Stewards of Liberty about a federal push for conservation areas:

The Service is planning to acquire 250,000 acres of private land in the new federally designated area by offering “voluntary” conservation easements in perpetuity to landowners. Those who do not want to be a part of the program may not escape being targeted. The Service and its environmental organization partners have priority acquisitions in mind. And the agency has an array of regulations and restrictions they can deploy to encourage compliance.

The plan will allow the Service to use Land and Water Conservation Funds to purchase conservation easements in perpetuity on the private lands. Congress appropriates $900 million annually for this purpose as well as for direct acquisition of private lands. Property rights advocates would like to see this funding permanently rescinded as the government already owns 40 percent of America. These funds allow them to gain control over the remaining private lands.

Reviewing the above article, a friend reminded me that Tiverton gives a substantial portion of one of its revenue streams to an agency to buy up land.  Some years ago, voters passed a budget resolution reducing the percentage to 10%, but (oops!) the town treasurer neglected to change the payment.

Out of curiosity, I went in search of data about public land ownership, finding this useful interactive tool.  Probably because it was so well established by the time government began its land-grabbing practices, our region has largely escaped federal purchases, but public ownership still ads up.  According to the associated charts, federal, state, and local governments own 13% of all land in Rhode Island, ranging from 16% in Washington County to just 8% in Bristol County.

That isn’t the whole story, though.  In my county (Newport), 5% of privately owned land is locked up in conservation easements.  That’s 3,196 acres.  In Providence County, this number is 5,158 acres.  Statewide, 113,151 acres are either owned by government or locked up in conservation easements.  That land could accommodate a huge number of homes and apartments.

I’m definitely not suggesting Rhode Island should wipe away all of its open space, but with all the noise about housing, it’s strange one never hears about these numbers.  The implied reason is familiar:  The call to “fix” the housing crisis comes with sharp boundaries.  Just like we have to “fix” education without reconsidering labor unions or progressive social engineering, we have to “fix” housing without noticing that governments are taking land off the market and making it difficult to build in other ways.

In these heavily proscribed prescriptions, we see the origin of the divisive us-versus-them corrupting our politics.  People who want the power to tell other people how to live need the focus always to be on how much more the “haves” can give up, implying that they’re holding out and oppressing everybody else out of greed.

More likely than not, when they have control, the powerful will claim for themselves nice homes surrounded by open space and private views that can never be changed by the peasantry.

 

Featured image by Justin Katz using Dall-E 3 and Photoshop.

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Progressive policies only seek to manage increasing hostilities and problems.

By Justin Katz | April 24, 2024 |
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A water drop and ripples

The headline of a Alexa Gagosz’s recent Boston Globe article asks, “Will tenants unions make a difference in Rhode Island’s housing crisis?”  The answer, we can be confident, is “yes,” although it will make a difference by making it worse.

The state’s problem is insufficient housing, and the only durable, healthy way to give tenants, workers, or any group of people, more power is to give them more options.  Using progressive-style union activism power creates disincentive for people to work together, and working together includes one person creating an apartment for another to rent.

A street protest against a big landlord will make people considering becoming landlords rethink.  When the easy compromises are exhausted and landlords simply refuse demand, politicians will take it as an excuse to tighten the legal noose.  That will lead to even less housing.

As with most policies, what’s needed is to think of both sides as human beings, to think of the incentives that govern their cooperative interactions, and to get constraints out of the way, not build up more hurdles and obstacles invented by politicians.  They serve special interests (note that one of the elected representatives in the story is actually a union organizer) and have no expertise.

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The people leaving Massachusetts are no surprise.

By Justin Katz | April 23, 2024 |
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A water drop and ripples

Here’s the Boston Globe’s description of the people leaving Massachusetts:

Boston Indicators, the research arm of the Boston Foundation, published an analysis exploring trends in so-called domestic outmigration in Massachusetts, or people leaving for elsewhere in the United States. Looking at a two-year average across 2021 and 2022, the analysis found that the people moving out of Massachusetts were predominantly white, middle- and high-income earners, and college-educated.

Particularly dire: Working-age adults are leaving in droves. On net, Massachusetts lost an average of 22,631 people ages 25 to 44 across 2021 and 2022 — the largest number of any age group and a marked increase over previous years, according to the report. For perspective, that’s about the size of the population of Winchester.

It’s been about 20 years since I started warning Rhode Island that our data told a similar story, and I coined the term “productive class.”  Rhode Island and now Massachusetts are driving out precisely those people who move an area forward:  those who are primed to transform their time and talents into productive activity.

Lose these folks and, as we’re seeing in precipitous experience in the Ocean State, you get the government plantations, which involves special interests using government to make government the areas core occupation by finding clients for government services and looking for excuses to bill other people.  That model won’t last long, probably not even to the point that the mid-career special interests are ready to cash out and move to Florida.

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Keep tabs on who gets ousted in Rhode Island government

By Justin Katz | April 23, 2024 |
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A water drop and ripples

Whatever one thinks of Avedisian, seeing Alviti in this picture is a reminder that state government incompetence can harm the lives of hundreds of thousands, but it’s the guy who leaves the scene of a fender bender who’s shown the door.

PatricAnderso_: The 
@RIPTA_RI
 Board has accepted Scott Avedisian’s resignation.

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Not long ago, objecting to the Trump cases would have been uncontroversial.

By Justin Katz | April 22, 2024 |
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A water drop and ripples

As he’s done for a long time, Mark Steyn zeros in on the truth with panache:

There are times, however, when it is necessary not to conceal it. This week’s Trump Trial of the Week is the bazillionth attempt by the ruling party to nail the leader of the opposition on …something, anything, whatever’s to hand. So naturally a certain artfulness is required. In this case, if one accepts as true the charges of corrupt prosecutor Alvin Bragg, Trump paid former crony Michael Cohen to pay off Stormy Daniels. Which would be a falsification of business records. Which is, under the “laws” of New York, a misdemeanour – albeit one in which the statute of supposed limitations has already kicked in. So Bragg is arguing that the expired misdemeanour is actually a non-expired felony, because it was used to cover up another crime.

What other crime he has not said. And, as is now familiar in the State of New York, the corrupt judge Juan Manuel Merchan has been happy to indulge him.

… why all the Trump cases wind up in the hands of this particular Biden donor is a mystery to me.

Well, actually it isn’t: much of “American justice” is stinkingly corrupt. QED.

One wonders if the enormity of the corruption has become its own incentive for Democrats to turn a blind eye.  Once down the road of acknowledging it, what else might be overturned?

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Politics This Week: A New Stage for the Self-Promoter

By Justin Katz | April 22, 2024 |
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A woman in a business jacket walks on stage

On WNRI 1380 AM/95.1 FM, John DePetro and Justin Katz discuss:

  • Raimondo hits the next level of self-promotion with 60 Minutes
  • McKee bridge promotion to distract, dictate, and buy media favor
  • Block considers a billboard
  • The story of the Washington Bridge
  • Always looking for COLAs
  • What’s gone wrong with housing in RI
  • Ruggerio’s steady position during unsteady health

 

Featured image by Justin Katz using Dall-E 3.

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The more bucks, the less education.

By Justin Katz | April 22, 2024 |
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A water drop and ripples

As shocking videos emerge of progressive fascism showing its antisemitic face, Nick Freitas’s on-point observation here comes to mind:

NickJFreitas: I want you to imagine universities sitting on billion-dollar+ endowments lobbying for taxpayer-backed student loans in order to get more people into their schools.

Americans have been had in a major way (this issue not the least), and I’m not sure there’s any way to turn things around.

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Is progressive education policy the result of ignorance or cynical malice?

By Justin Katz | April 19, 2024 |
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A water drop and ripples

One has to wonder such things after seeing posts like this, from Rhode Island Democrat State Senator Tiara Mack:

MackDistrict6: This week we heard my Vote 16 bill 🗳️This bill would allow 16 and 17 year olds to vote in school board elections. Teenagers lack the maturity and experience to know what it is they need to learn or how it should be taught.  Raising doubt about adults capacity in this regard would be a fair response, but for this purpose we draw the line at 18.  If anything, given the lengthening of adolescence in modern America, we should be considering a move in the other direction — opening elections only when people are a bit older.

In any event, giving teens a means to vote themselves other people’s money would be more of a disaster than Rhode Island already faces.

While we’re on the matter, contrast Mack’s suggestion with progressives’ antipathy to school choice.  One suspects she wants kids voting in government school elections because they’ll be easier for radicals and union organizers to manipulate.

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