It's very tempting to assume that *this* new labor transforming technology will be the one to break us out of the bounds of our economic system. But that just isn't the case unless we do the political work first. Trying to separate the two is just ceding to the status quo. Disappointment awaits.
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SCP
Politics, tech, history, and good books Court packing enthusiast Left YIMBYism/Unions/Antitrust Primary everyone
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The public thinks republicans are better on corruption. I don't know how to describe that in any other way but as a massive failing of the media and school systems. And of the justice system itself.
Polling USA"Who's better on..." 🔵Women's Rights: D +18 🔵Environment: D +17 🔵Democratic Norms: D +10 🔵Cost of Living: D +4 🟣Political Violence: Even 🟣Wars/Terrorism: Even 🔴AI: R +1 🔴Corruption: R +1 🔴Guns Control: R +3 🔴Immigration: R +5 🔴Crime: R +14 Ipsos / July 26, 2026
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As I have also always said: absolute gains matter less than relative losses. Wealth inequality growing is the hidden variable that makes people less satisfied even when they are making modest gains overall! And those gains don’t extent to their most prized measurement of the American dream: a home
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People are weighing growing grocery/gas prices more heavily than growing wages even when they are even, yes. But my view has always been: It’s housing. It was always housing. Rent exploded the same time as home prices, driving a wedge between generations, trapping younger and poorer people.
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Here's another way to see that rent is probably the most important long-term affordability constraint: In a world where rent (shelter) prices increased only as fast as the rest of the economy, purchasing power today would be about 13% higher (measured by wages)
Joe FishAnyway, the chart you should be posting is how rent prices look like compared to wages. Note: This has been going on for a long time! The housing crisis is a long standing issue.
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do you ever think about how like, the US still hasn't managed to get permitting reform across and how much cheaper energy would have been had the Senate managed to get it through www.axios.com/2024/04/02/b...
basic lessons from vicky 3 "you must secure the base of your economic structure or price effects will surge into the whole economy" like yes macroeconomic management matters enormously, but it's *very striking* how much energy specifically matters to inflationary episodes
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yup. the glonzos that people keep imputing to data centers means they will keep going to the poorest places we've got, and those places frequently do not have the institutional will to require or to enforce compensating controls like green energy requirements hope they're happy!
Subscribe to Radio Free America (link in bio)Harnessing anti-data center sentiment is good but unless it can be funneled into getting tech giants to pay for grid upgrades as part of going in they're just going to keep building them in the poorest parts of the South www.nytimes.com/2026/07/27/t...