Until they invent an ultimate roomba.

The automation thing is a big myth too

i.e., Yang et al

The unemployment is a function of unspent income from the productivity gains

for any era or sector

the labor shift is an externality that only the gov can really solve within any reasonable time frame, basic fiscal action to retrain people or repurpose them

many conservatives and libertarians hold the idea that free market economy 'rations scarce resources', but it doesn't. it efficiently produces wealth, which is very different

The gov also gets in the way when they bailout dinosaurs like the automakers, etc. those factories could have been sold off to 30ish different companies and turned it other things by now, including maybe a dozen or more car companies

You might agree/disagree but not bailing out homeowners till it was far too late was the worse sin. It created a big personal debt trap and made large numbers homeless.

I generally think the govt needs to do way more to deal with home ownership, especially in CA.

I would have done something comprehensive about the banks and the housing situation in general

I would not have reinflated the housing bubble, would have let all the bad bets play out, including the foreclosuers and then auctions, done something else with the mortgage holders

put on gov balance sheet with their payments wrapped up in taxes

CA seems like it is over regulated and bars high rise developments to artificially maintain property values.

that moral hazard regarding big home buying is not something gov should encourage though

not all of CA, but some parts yea. I was in CA at the time

i did opposite and bought a cheap place counter cycle

i watched friends ride the condo frenzy in socal

i made about a mil shorting financials

The irony now though is all those homeless camps and folks sleeping in cars, and toilet waste on the streets, also lowers property values. Neater to just have affordable property.

In some cities in Cali, the issue is definitely building out instead of up, partially to avoid having to do any public transit. especially in san diego which had the perfect weather for a walkable area

yea I think fedgov + states should just do a pop capped homeless building project, with transit to connect them to hubs if NIMBYs complain

I priced it out using military style numbers, it's pretty cheap

San Fran in particular is poorly laid out and has a big lack of public toilets, which promotes gross waste on the streets.

San fran and the bay area have some of those green space laws that purposefully restrict supply

San Jose I think is culprit #1

I was just visting San Fran, and the only toilet I could find in a major metro area was in the back of a clothing store.

So homeless are barred entry of course.

something more tough lovely is just moving the homeless to cheaper areas like Arkansas

if it's a federal issue

I also think the fed should take a lot of muni debt on its balance sheet instead of private bets

like the complaining about California is silly when it pays so much federal tax and some states pay none

```something more tough lovely is just moving the homeless to cheaper areas like Arkansas``` That doesn't work, as they were born in the state and have family connections often. They end up just coming back.

CA was at one point suggesting something akin to a Star Trek episode. xD

shut up you're literally black

Forced detention camps for the homeless.

We can make it work, they can be housed and have a much better QoL in lower cost areas. same goes for a lot of welfare spending

we pay people to live in expensive areas, it's silly

Trump is being impeached

close channel

No, he is impeached