Collapse of the progressive economy: the future belongs to blue-collar workers
unherd.com
unherd.com
As someone who has been struggling to find a person to update our bathroom who isn't charging obscene prices, this kinda resonated with me. It dawned on me that these guy's hourly rate might be higher than mine right now. Rather than leetcode or side projects I actually started watching YouTube videos about home improvement. I successfully installed a new vanity / sink. Very satisfying to accomplish. I suppose we are all engineers, and can transition to what is in demand. A shower install could be a higher lift, though. :)
White-collar professionals aren't dumb and incapable of screwing in their own light bulbs. They can do the math on ROI of DIY projects and complete them if need be. If you can do some light plumbing with a couple of youtube videos, then that right there already eats a bunch into their margins.
And if we're talking about more difficult projects (e.g. replacing underground pipes, excavating, etc.) then the margins aren't nearly as high.
I mean, yes, I know some people who would screw up installing a faucet, but most people are competent enough to follow instructions and not flood their house.
Does the difference in quality justify paying someone $150 to install a $50 faucet? Personally, I don't think so, but YMMV.
It wouldn't surprise me if the US government has fairly direct control over more than half the financial flows in the US economy after including 2nd order effects; even though officially it is only around 40%. The political consensus has been "This is good, but we'd like to go higher" from the Democrats and "This is ok, but we'd like to scootch a little lower" from the Republicans.
It is hard to imagine a high performing economy that is controlled mostly by the US government. They are barely competent at running the key government institutions.
That's by design. In the last forty years, Reaganism has firmly taken hold of both parties, i.e. "starve the beast".
This is at display again currently with the efforts of getting the IRS's budget cut - nevermind that improved collection would improve the budget. It's not about the budget - it's about who's paying the bill. Or not paying - in this case.
The billionaires and other people with nebulous and complicated finances would actually be the people least effected by greater enforcement because their arrangements typically are at least legal on face value whereas the average types of noncompliance are obviously in violation of the tax code so you'd be seeing 1099 people, people with side gigs and people with business income getting hit most frequently and hardest.
That would be a good outcome.
> that would be counterproductive to the goals of everyone who complains it's not enforced enough.
I don't agree at all. I want transparency, not deal-cutting for special-interests behind closed doors. That's a recipe for corruption.
> people with side gigs and people with business income getting hit most frequently and hardest.
It's not only about enforcement, even auditing the relevant people is not happening. At it is, the IRS doesn't even have the money to audit rich people[0]. Besides; the IRS could still decide to not target anyone making less than 250K.
> And it happened under a Democratic administration.
It was a Republican Congress though who tied Clintons hands and forced him to sign on to a balanced budget after the absolute drubbing the Democrats took in 1994 midterms, losing 50 seats in the House and control of both chambers of Congress. In the end, they found a way to work together and we benefited greatly from that era until 9/11 snapped the government back into constant growth mode.So yeah, the left having to cater to blue collar people is bad for the people who care about the stuff the left is currently prioritizing.
This Democrat "triangulation" - social left + blacks + structured finance - has been the DNC model for a while. According to some. Post-2008, it's obviously got problems with some of its bits.
Often missed in this analysis: the intensifying ethnonatalist streak of American labor, and the problematic (if historic?) union involvement of organized crime and its natsec enablers. Theoretically Luciano was on payroll to help stop communism, but patsies have a disturbing tendency to turn into leaders of the organization they are supposed to be infiltrating. Both Hitler and Stalin being good examples of this.
Of course, this is also balanced out by the fact that the Republican Party has no clue where to go post-Trump (or, hell, post-Romney). They can't even get internal consensus on electing a House speaker.
I'm pretty sure this article's author has an axe to grind against both left-wing politics and the DNC, though. The article's premise relies on the idea that a good chunk of the Democratic Party virtue-signals progressive causes to avoid criticism of their labor practices. That's true, but not the whole story - the Republican party is similarly paralyzed by the donor class. The underlying problem is that SCOTUS kicked the legs off of election finance rules in the name of the 1st Amendment. First they said money can be speech (reasonable) and then said there's no justification for contribution limits (wtf no).
So now corporations regularly outspeak everyone else. Both parties are ideological zombies made up of call center employees who regularly moonlight as Senators and Representatives. This gives rise to "anti-partisan" issues; where both parties agree to kill "common-sense" or "everyone agrees on this" kinds of bills that would harm the donor class interests. Think about how much of a problem it has been just to get decent right-to-repair legislation going, just as an example.
Seems to be some conservative culture warrior type.
There's a dash of "AI will kill and eat everyone" here too, except the author seems to think that white collar workers will be unscathed while artists and programmers will be completely obsoleted. I don't buy that.