The sometimes in the subhead means there are other times, like when he's doing the nanny and getting her pregnant, then he's just the rogue sex symbol

How does Rampell write this stuff without heavy medication of some kind?

 

Catherine Rampell at WaPo, who is no friend of the right: It’s hard to exaggerate how bad Kamala Harris’s price-gouging proposal is, a bunch of communist, economic gibberish

  

 It’s hard to exaggerate how bad this policy is.

It is, in all but name, a sweeping set of government-enforced price controls across every industry, not only food.

Supply and demand would no longer determine prices or profit levels.

Far-off Washington bureaucrats would.

The FTC would be able to tell, say, a Kroger in Ohio the acceptable price it can charge for milk.

At best, this would lead to shortages, black markets and hoarding, among other distortions seen previous times countries tried to limit price growth by fiat. (There’s a reason narrower “price gouging” laws that exist in some U.S. states are rarely invoked.)

At worst, it might accidentally raise prices. ...

If your opponent claims you’re a “communist,” maybe don’t start with an economic agenda that can (accurately) be labeled as federal price controls. We already have plenty of economic gibberish . . ..     

-- WaPo 

https://www.washingtonpost.com/opinions/2024/08/15/kamala-harris-price-gouging-groceries/     

 

Harris is 0-2. 

She picked a terrible VP who is as far to the left as she is.

Now her first policy announcement is a throwback to the 5-year plans of the USSR.

Extremely inauspicious.

Housing is a store of value, not an investment

Catherine Rampell for WaPo puts the long term real compound annual gain from housing at 0.3%. For the 100 years up to 1990, i.e. before the housing bubble, Robert Shiller has put it at 0.2% per annum, 33% less!

Here is Rampell:

Over the past century, housing prices have grown at a compound annual rate of just 0.3 percent once one adjusts for inflation, according to my calculations using Shiller’s historical housing data. Over the same period, the Standard & Poor’s 500-stock index has had comparable annual returns of about 6.5 percent.

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Housing's ability to retain its value has made it an attractive target for securitization as mortgage-backed securities which have been highly liquid and trade in large denominations just like US Treasury securities, facilitating transactions.