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David Dayen@ddayen·3d

An important race affecting affordability for millions is totally off the radar. Jane Kim, candidate for California insurance commissioner, is pitching a single payer program for disaster insurance, to align insurance with homeowners. prospect.org/2026/05/14/jan…

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Rick McGahey@rickmcgahey·3d

@ChuckCBPP @BradWilcoxIFS Chuck's correct. Class, not age, aggregate senior wealth numbers misleading. No winning political movement attacking seniors. AND cuts in senior benefits won't help poor/children--places supporting kids also support elderly, benefit cuts in USA go to more unequal tax breaks.

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Chuck Marr@ChuckCBPP·3d

@BradWilcoxIFS I just don’t get this whole go after old people like they’re all a bunch of rich people - a significant chunk of this money is going to working-class people in nursing homes- so it would be good to be more precise what you all are criticizing

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Brad Wilcox@BradWilcoxIFS·3d

Our gerontocracy👇🏼

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Rick McGahey@rickmcgahey·3d

@colindhernandez @muddsicle @LA_Multi_Fam @b2b_mikey Others have pointed out the problems with your math, but you think that one building owner can create market scarcity by withholding apartments? Build enough supply, your (largely imaginary) scenario wouldn't be possible.

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Colin Hernandez for California Assembly@colindhernandez·4d

@muddsicle @LA_Multi_Fam @b2b_mikey Ok let's say you own 1000 housing units, but only rent out 800 of them. Even though you aren't making money on the other 200, you are still making a big profit because you've created scarcity and therefore you can charge more for rent. It's more common than you think.

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Colin Hernandez for California Assembly@colindhernandez·5d

You want crime & homelessness to end? Then house people. The commodification of housing has made homelessness skyrocket & thus crime. Housing people makes us safer. Feeding & educating our kids makes us safer. Making sure people's basic needs are met makes us safer.

Paul@LA_Multi_Fam

It’s been genuinely embarrassing to see 95% of Yimby’s not understanding how a growing group of Angelino’s are frustrated with the state of crime and homelessness. Their candidate has continually voted to keep encampments next to schools, supported needle handouts and given us soft on crime rhetoric and policy. She’s disqualified for many of us.

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Rick McGahey@rickmcgahey·4d

@maxdubler @aaron_renn "parasites" is too strong, but @maxdubler is right--there's one regional economy, powered by main city, with independent and often hostile suburbs benefitting from agglomeration and innovation while not paying their fair share. I'll plug my 2023 book: cup.columbia.edu/book/unequal-c…

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Max Dubler 🏳️‍🌈@maxdubler·6d

@aaron_renn Suburban municipalities very much do draw their economic vitality from the cities while keeping all tax revenue local, which weakens urban governments’ finances. Saying this out loud may or may not be impolite; but it is in fact true.

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Aaron M. Renn 🇺🇸@aaron_renn·6d

A reminder that this is how a material percentage of urbanites think about suburbs, and this view is treated as fully legitimate in urban institutional life. In reality: we have regional economies and we need both great, strong suburbs and cities.

santos-inistas@JDabknee

Reminder that suburbs are parasites that leech off of the city’s agglomeration effects without contributing to her prosperity

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Rick McGahey@rickmcgahey·6d

@arpitrage They benefit from agglomeration and innovation they don’t cause it. They can live in nice houses with good schools, many such neighborhoods in major cities, just don’t have to live in independent often restrictive jurisdictions that don’t pay their fair share of regional costs

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Arpit Gupta@arpitrage·6d

@rickmcgahey Their fair share of what costs? The overwhelming majority of city budgets is for social welfare spending for locals. Suburban dwellers sustain the economic engine for the whole area. If they left for elsewhere, the city would not do well.

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@LarryMishel @JYuter jacobin.com/2022/08/nazi-g…

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Arpit Gupta@arpitrage·9 May

There’s an argument that suburbs are extractive to cities. I think some truth to that (ie exclusionary zoning). But I think you could equally say suburbs provide ballast to cities, by providing safety + schools which retain families.

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Rick McGahey@rickmcgahey·6d

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Larry Mishel @larrymishel.bsky.social@LarryMishel·10 May

@JYuter one of your better posts!

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Rabbi Josh Yuter@JYuter·10 May

People: Antifa literally means anti-fascist, which means if you oppose Antifa, you must be pro-fascism. Same People: Just because Nazis called themselves "National Socialist" doesn't mean they were *actually* socialist.

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Rick McGahey@rickmcgahey·6d

@johnarnold @fredstaffordcs Everybody and every group has some self-interest, Stafford makes good points about the union support for nuclear and other energy. Of course they are interested in their jobs, they want to negotiate, that's what politics is about.

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John Arnold@johnarnold·10 May

@fredstaffordcs Sounds like what you’re saying is that this isn’t about safety or clean energy at all but that they’ll only support policies that create electrical work and kill those that don’t.

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Fred Stafford@fredstaffordcs·10 May

These are exactly the unions that fought for Illinois's nuclear plants to stay online and to count toward state climate goals when green groups were opposed. Also the unions that helped fight to end nuclear moratorium. But their interest in public grid infrastructure instead of the glitzy consumer product solutionism seems to rub some people the wrong way.

John Arnold@johnarnold

Inspiring altruism from the electrical workers union, dedicating time and money to lobbying against this bill purely out of concern for the public's safety.

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Rick McGahey@rickmcgahey·8 May

@jdcmedlock I've posted this elsewhere, but you're right on Mamdani: cut environmental regulations, rezone, streamline permitting processes, reduce city council micromanaging, increase private sector role. Hope Zorhan can get into Singer's 'big tent.'

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James Medlock@jdcmedlock·8 May

But framing aside, why are we still fighting this war? Mamdani came in and beautifully demonstrated that there doesn't need to be any tension here.

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James Medlock@jdcmedlock·8 May

I think Dems should stand for muscular state and federal governments coming in and regulating the excesses of unfettered local governments acting as a protection racket for the interests of wealthy landowners

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Rick McGahey@rickmcgahey·8 May

@cafedujord Mamdani: cut environmental regulations, rezone, streamline permitting processes, reduce city council micromanaging, increase private sector role. Hope Zorhan can get into this 'big tent.'

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Jordan Grimes (on Bluesky @cafedujord)@cafedujord·7 May

"I'm all for a big tent, except for people who think we should make it easier to build apartments"

Hal Singer@HalSinger

It’s just not possible for Dems to accommodate the Abundance folks, who seek deregulatory policies for their developer/investor clients. I’m all for a big tent, but up until the point that accommodation starts to undermine progressive messaging. And that message is that we need a muscular government to curb the excesses of unfettered markets, concentrated wealth, and the attendant political corruption (aka oligarchy). Besides, there’s already a political party that stands for small government, low taxation on wealth/income, and deregulation. Why can’t the Abundance folks just align naturally over there?

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Rick McGahey@rickmcgahey·8 May

@JohnJSSoriano Hope his 'big tent' includes Zorhan Mamdani, who wants zoning changes, reduced environmental review, reduced city council micromanaging, and says he's changed to see a much bigger role for private developers

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John J.S. Soriano@JohnJSSoriano·7 May

"I'm all for a big tent except for Ezra Klein and everyone to the right of him" is actually pretty consistent with "I'm all for building housing except for the housing that isn't subject to 20 years of community input."

Hal Singer@HalSinger

It’s just not possible for Dems to accommodate the Abundance folks, who seek deregulatory policies for their developer/investor clients. I’m all for a big tent, but up until the point that accommodation starts to undermine progressive messaging. And that message is that we need a muscular government to curb the excesses of unfettered markets, concentrated wealth, and the attendant political corruption (aka oligarchy). Besides, there’s already a political party that stands for small government, low taxation on wealth/income, and deregulation. Why can’t the Abundance folks just align naturally over there?

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Rick McGahey@rickmcgahey·8 May

@HalSinger does your 'big tent' include someone now open to a much-increased private sector role in housing development and wants zoning changes, reduced environmental regulations, and overriding city council micromanaging--that's Zorhan Mamdani.

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Hal Singer@HalSinger·7 May

It’s just not possible for Dems to accommodate the Abundance folks, who seek deregulatory policies for their developer/investor clients. I’m all for a big tent, but up until the point that accommodation starts to undermine progressive messaging. And that message is that we need a muscular government to curb the excesses of unfettered markets, concentrated wealth, and the attendant political corruption (aka oligarchy). Besides, there’s already a political party that stands for small government, low taxation on wealth/income, and deregulation. Why can’t the Abundance folks just align naturally over there?

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Rick McGahey@rickmcgahey·6 May

@midlifeguy548 @mattyglesias by some calculations, you could buy hundreds of thousands of Costco memberships for low income New Yorkers for the same money being spent on five grocery stores, assuming those costs don't go up...

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neil chernoff@midlifeguy548·6 May

@mattyglesias There is a Costco 7 blocks away. It was supposed to be for food deserts. The real issue is that this particular implementation is so obviously stupid that it should take about 5 minutes to reject. But he did not reject it. Now apply that lack of knowledge to the rest of NYC.

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Rick McGahey@rickmcgahey·6 May

@jmart @cspan Caro has tons of facts and is very diligent, but also has simplistic framings. Criticized LBJ in ‘48 Senate race, but whitewashed Johnson’s racist opponent. Robert Moses in Power Broker as some kind of morality play also far too simplistic.

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Jonathan Martin@jmart·6 May

NEWS: "I've written 983 pages" - Robert Caro on his final LBJ book Via @cspan c-span.org/program/qa/aut…

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Rick McGahey@rickmcgahey·5 May

@samuelmoyn Pew: “In 2022, all Boomer households combined owned $77 trillion in wealth. The top 10% of Boomer households held 71% of that total wealth.” Class not age.

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Samuel Moyn 🔭@samuelmoyn·5 May

Oh wsj.com/articles/the-g…

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Rick McGahey@rickmcgahey·5 May

@ModeledBehavior Why don’t we expect Libertarians to hand out guns and drugs on street corners? Come on.

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Adam Ozimek@ModeledBehavior·5 May

Why don't we expect socialists to give their money away the same way we expect vegetarians to not eat meat?

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Rick McGahey@rickmcgahey·4 May

@THECITYNY This is sweet and their lives need to be respected. But they have to move. One deeply touching and honorable biography can't be the basis for blocking important housing reforms that will benefit so many other seniors.

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THE CITY@THECITYNY·4 May

The Housing Authority has ambitious plans to replace a Chelsea complex, but Jin Tao Wu and a handful of other seniors are refusing to move out. thecity.nyc/2026/05/04/che…

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Rick McGahey@rickmcgahey·3 May

@feldmann_k @daniel_dsj2110 It’s class not age. In USA lots of elderly doing badly and there’s no viable winning progressive movement that attacks “elderly” as a part of its program. Tax and manage the rich and powerful ones, like we should do with all ages.

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Klaus Feldmann@feldmann_k·3 May

@daniel_dsj2110 The criticism of gerontocracy in many states is justified, but plutoligarchies are decisive for the destruction of national and global living conditions.

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Daniel Steinmetz-Jenkins@daniel_dsj2110·3 May

Look forward to reading Sam Moyn’s latest:

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Teresa Ghilarducci@tghilarducci·1 May

Nearly half of private-sector workers lack access to a workplace retirement plan. NOT a personal failure. A policy failure. Low-cost, portable retirement accounts with a federal match recognizes that every worker deserves a path to a secure retirement nytimes.com/2026/04/30/you…

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Teresa Ghilarducci@tghilarducci·30 Nis

I worried 40 years ago the voluntary DIY retirement system will fail for most working people. Today’s executive order — a TSP-style account for 56 million uncovered workers w/ a real federal match — is exactly right. Now pass the RSAA & protect Social Security. That’s the finish line for universal pensions.

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