From CBS News:
Here’s where it’s toughest for the middle class to find an affordable home
Homeownership is considered a mainstay of the American dream, but a shortage of affordable homes is blocking that pathway for many middle-income families, according to a new analysis from the National Association of Realtors.
Only about 1 in 5 listed homes in March were affordable for households with $75,000 in annual income, down from about half of all listings before the pandemic, according to the analysis of property listings in the nation’s biggest 100 cities. To get back to that pre-pandemic level of affordable homes, the U.S. would have to add more than 400,000 new listings priced at $255,000 or below, it found.
The median sale price in the first-quarter of 2025 was almost $420,000, according to the Federal Reserve Bank of St. Louis.
Rising home prices and higher mortgage rates are pushing many homes out of the price range for middle-class households, said Nadia Evangelou, senior economist and director of real estate research at the National Association of Realtors (NAR). The affordability gap has its roots in the housing crisis that started in 2006, which caused new construction to dry up for years afterward, she added.
The lack of affordable homes is partly responsible for driving up prices even higher, as would-be buyers often bid up home prices to secure a property, Evangelou said. The result: More middle-income families are getting shut out of the housing market in many regions.
1
First time since the war started, there’s peace talks today face-to-face in turkey between the Russian delegation and The Ukraine delegation. There has been no peace talks in three years nothing, let’s hope they agree to at least a ceasefire.
Interestingly the housing shortage is a worldwide problem in the western world. Is the problem driven by immigration? I’m sitting in a Beck cafe having a coffee right now in Germany. The three ladies behind the counter are all immigrants. Of the customers over half appear to be foreigners or of immigrant families.
Boomer aren’t you a foreign immigrant too?
Chad Powers says:
May 16, 2025 at 7:27 am
Interestingly the housing shortage is a worldwide problem in the western world. Is the problem driven by immigration? I’m sitting in a Beck cafe having a coffee right now in Germany. The three ladies behind the counter are all immigrants. Of the customers over half appear to be foreigners or of immigrant families.
Very Stable Genius says:
May 16, 2025 at 7:30 am
Boomer aren’t you a foreign immigrant too?
————
I like to think of myself as a member of the occupying forces! 😂
Get some self awareness
Juice,
Don’t hold your breath. Putin ain’t showin’ up, and now neither is Zelenskyy.
War will continue.
NJT on strike.
Meh. Never ride it
And I’m on vacation at 5.
42 years since the last NJ Transit strike, last time it was one month back in 1983.
450 engineers and trainees on strike.
People who work hard and pay taxes to the government of NJ so it can waste it deserve better.
Libturd, fuel for your theory. From Krugman.
The Trade War Isn’t Over
Look at the numbers, not the vibes
PAUL KRUGMAN
MAY 16
Monday morning I woke up to an urgent text from Robin, who is still visiting friends in Europe: “You have to look at the news NOW.” Sure enough, Donald Trump had suddenly slashed his tariff on China from 145 percent to 30 percent.
But much of the reporting I’ve seen on this climbdown has been deeply misleading. If you get your picture of what’s happening from “news analyses” rather than experts who actually do the math, you might well think that the Trump trade war is basically over, that we’re back to more or less normal policy.
The reality is that we’ve gone from a completely insane tariff rate on imports from China to a rate that’s merely crazy. And China accounts for only a fraction of our imports. Tariffs on everyone else are still at 10 percent, a level we haven’t seen in generations. And there are still other shoes to drop: Trump has, for example, been promising tariffs on pharmaceuticals.
The trade war is still very much on. Anyone who reports otherwise (a) hasn’t done their homework (b) is misleading the public. And while the stock market has to some extent bought into unwarranted optimism, markets with fewer naive investors like oil and bonds don’t seem fooled.
Look first at the average tariff rate. Here’s a chart from the Yale Budget Lab:
If you’re puzzled, the “pre-substitution” rate is currently announced tariffs applied to actual imports, which now stands at 17.8 percent — which is immense. The “post-substitution” takes into account the fact that China, which is still facing a very high tariff, will soon supply a smaller share of our imports, and is “merely” 16.4 percent. We’re still looking at overall tariffs not much lower than the rate after the infamous Smoot-Hawley tariff of 1930.
And bear in mind that Smoot-Hawley added to tariff rates that were already high, while this time we’re jumping from very low to very high tariffs almost instantly. Also, trade is far more important to the U.S. economy now than it was in 1930:
So even after Trump’s “climbdown” we’re still looking at a shock to the economy 7 or 8 times as big as Smoot-Hawley, the previous poster child for destructive tariff policy.
What will this shock do to international trade? Tariffs raise the price of imports (even if Trump insists otherwise), and higher prices reduce demand. So tariffs will lead to lower imports. How much lower?
The answer depends on the elasticity of demand — the percentage fall in imports for every one percent increase in their price. Economists try to estimate this number by looking at how transportation costs affect the volume of trade between any two countries. There’s a range of estimates, but let me go with 4, which is actually on the lower end.
Given this number, we’d expect Trump’s tariffs after last weekend’s retreat on China to cut overall U.S. trade by roughly 50 percent. Trade with China, which would have been virtually eliminated with a 145 percent tariff rate, would fall by “only” around 65 percent with a 30 percent tariff.
Does cutting U.S. trade with the world in general by half and reducing trade with China by two thirds sound to you like Trump calling off his trade war? It sounds to me like a massive disruption of the world economy, only slightly less disruptive than what we were looking at last week.
What about the impact on U.S. families? Tariffs are sales taxes levied on American households; don’t let anyone tell you different. Walmart declared yesterday that it will have to begin raising prices later this month because of the tariffs.
And tariffs are regressive sales taxes that fall much more heavily on lower-income Americans than on the affluent, for three reasons. First, low-income households spend a higher fraction of their income. Second, compared with the affluent, poor and working-class families spend more on goods, which are facing tariffs, as opposed to services, which aren’t. Finally, the goods whose prices will rise most tend to be items like clothing that loom large in lower-income families’ budgets.
The Budget Lab has estimated the effects of the new tariff plan on households’ purchasing power at different levels. This is a huge hit to real incomes in the lower parts of the income distribution:
Two further points about where we are right now on tariffs. First, nothing that has been announced is any kind of lasting commitment. Everything is at most an announcement about what tariff rates will be for the next 90 days. Nobody, very much including Trump himself, knows what policy will be a few months from now. We’re still living with huge uncertainty, which means an environment in which it’s impossible for businesses to make long-term plans.
Second, everything Trump is still doing on tariffs is a violation of longstanding international agreements. You may think you’ve made a deal with America, but U.S. officials treat solemn deals like suggestions at best.
In other words, not much has changed since last week. We may not be looking at the complete economic meltdown that seemed quite possible (and is still a possibility), but we’re still looking at much higher inflation and an economic slowdown at best — i.e., stagflation.
The interesting question, as I see it, is why so many pundits and reporters — and, it seems, small stock investors — have been sounding the all clear on Trump’s tariffs, when the reality is that all we’ve seen is a modest retreat from complete, destructive insanity to seriously harmful madness.
It’s hard to avoid the sense that what we’re seeing on tariffs is another version of the sanewashing that Trump has benefited from ever since he entered politics. People just keep wanting to believe that he’s making sense, that he isn’t as ignorant and irresponsible as he seems. But he is.
© 2025 Paul Krugman
Are you kidding grim? You sicken me. You kielbasa cocksucker.
Rising home prices and higher mortgage rates are pushing many homes out of the price range for middle-class households, said Nadia Evangelou, senior economist and director of real estate research at the National Association of Realtors (NAR).
In further news, water is wet and donuts are round.
Krugman is discredited in these threads. It is an empty gesture to post his opinions.
Juice: We will see where this peace talk goes., but without Trump and Putin meeting, I doubt it’s much more then show.
Interestingly Polish public opinion is starting to rapidly turn against all the Ukrainian refugees living in Poland. Ukrainian refugees make up 7 percent of Poland s population.
We are back from Europe, no talk about Trump or tariffs from what we could see, and no visible anti Americanism, we had no issue with local people. Malta and Sardinia are absolutely beautiful, and the food fantastic! Well worth a visit.
We are back from Europe, no talk about Trump or tariffs from what we could see, and no visible anti Americanism, we had no issue with local people.
Springsteen was going off on the Trump administration in front a crowd in England. Does he do it in front of the U.S. crowds?
Didn’t Trump promise Vlad and Volod would meet, yesterday?
More of the Trump Show.
The only difference between Trump peace seaking and Biden peace seeking was that Trump lies over and over again about non-existent cease fires and peace settlements.
I agree with ChiFi. No Krugman posts please, even though he might actually be right for once. President Flip Flop will be announcing his new (and probably not final) tariff rates over the next two to three weeks. I do not doubt for a minute that countries that did not kiss the ring will get screwed, resulting in all of us getting Barney Franked.
Welcome back 3B. Hope the trip was excellent. Did you land in Newark?
Paul Krugman is a hack. His opinion is worthless and should be taken with a large amount of sea salt.
3b,
Glad you had a good time. We‘re heading to Edinburgh on Tuesday for a week. Have you had Afternoon Tea before at The Dome. We usually go to the Caledonian but the building housing The Dome restaurant looks really impressive.
I gotta get back to Europe. Maybe stay there, like Chad.
During a subsequent back-and-forth with reporters, the president didn’t even dismiss the notion of new relations with Syria leading to a potential Trump Tower in Damascus, saying, “We’ll have to wait a little while until things calm down.”
Peace my ass.
MAGA silent as usual.
Krugman? He was wrong about the inflation just a few years ago, said it was not going to happen and it did quickly.
Also ” longstanding international agreements”
Krugman ignores the facts again. We have a history of trade disputes. The Chinese have been cheating and even Biden said they were cheating and applied Tariffs. So Both Biden and Trump say they are cheating and Krugman ignores those facts. We need this reset and restart with China and others that are cheating on existing trade agreements.
So he is right now? Doubtful…
Putin was never going to meet in Turkey. Too dangerous for him
Chad: The Dome is beautiful, absolutely worth going to for afternoon tea. Edinburgh is a beautiful city, very walkable.
Health officials are sounding the alarm over a potential measles outbreak at Newark Liberty International Airport.
An infected individual traveled through the airport’s Terminal B — used by United, JetBlue and international airlines, potentially exposing hundreds to the world’s most infectious disease.
Anyone who was at the airport, which serves 40,000 passengers a day, on Monday this week from 12.30 to 4pm may have been exposed to the disease.
It was not clear whether the individual was vaccinated.
My suspicion is that Trump will sell out to China in the end. They can promise his family endless riches. And he loves to announce “deals”. Of course he’ll claim it’s a huge win for the US.
I just saw a story saying that Chinese companies have been hiding undocumented wireless connectivity into solar power inverters and other industrial equipment. CCP leadership will always see the US as an enemy to be vanquished someday. Meanwhile CCP propaganda operations convert people with vulnerable psyches like Phoenix into what the Russians used to call “useful idiots”.
https://www.reuters.com/sustainability/climate-energy/ghost-machine-rogue-communication-devices-found-chinese-inverters-2025-05-14/
Lib: Trip was excellent in every way, and weather was good as well. We went out of JFK, the flight was cheaper. My wife handles all the travel arrangements. I just have to show up and look good!! Malta food is excellent all around , incredible bread and cheese, pastries. Lots of seafood dishes, and rabbit stew is big too. I passed on the rabbit. A lot of Italian and north African influences on the cuisine. Food in Sardinia is also incredible, lots of pasta dishes, and seafood. The suckling pig is fantastic. Everything is fresh over there.
VSG: There are a lot of immigrants in Germany and other countries in Europe, who are not working and on the dole. They are not contributing, and that’s a fact, it’s not racist to acknowledge that. It’s not supposed to work that way. You leave your country in search of a better life to work and take care of your family, and contribute to your new country.
Juice: Kidman is still wrong after all these years.
I just saw a story saying that Chinese companies have been hiding undocumented wireless connectivity into solar power inverters and other industrial equipment.
Yeah, saw this too.
But is there truth to it? Or maybe there is connectivity based on the fact they may have just used a universal chip that had it included cause they had it laying around. Or maybe for a future upgrade. Or maybe not at all.
But America is full of hate. For the Chinese, for the Canadians, the Russians, the Mexicans. Make up lies everywhere. Trump just told the troops he had three elections.
3b says:
May 16, 2025 at 10:28 am
VSG: There are a lot of immigrants in Germany and other countries in Europe, who are not working and on the dole.
This is why the Swiss don’t want the Germans to live with them.
They have them come over the border to work, then send them home at the end of the day.
USA banned Huawei solar inverters years ago, so it’s nothing new.
Spain just had a power outage. Solar energy had something to do with the outage.. They are say it was a power gap caused when solar power generation dived and the grid tripped. Was it the sneaky hackers using a Chinese back door? Nobody knows or is talking.
Errr Swiss? – all different types of Germans tend not to get along well with each other…
Kind of like the Democrats vs Republicans here except it’s times 10….
Grim, from last post about FAA.
He’s a non-union supervisor and he’s earning so much overtime because he’s filling in for missing short staffed union controllers. He’s stressed out and making a financial killing like lots of cops & firemen working overtime after 9/11. But in the federal system the overtime is not counted toward retirement calculations like it used to be for NJ and NY pensions.
grim says:
May 16, 2025 at 4:51 am
Sorry, stuck on these two points…
Stewart, who isn’t in the controllers’ union, said he is on track this year to earn over $450,000, including overtime.
…
Stewart spent part of Monday afternoon shooting his pistols at an indoor range in this Philadelphia suburb. In a lounge appointed with a fireplace and Chesterfield chairs, he enjoyed cigars and Johnnie Walker Blue Label scotch. He goes there for stress relief.
Juice,
Just blame them for everything. It’s simple.
Do Chinese hack? Sure they do. Do Russians? Sure they do.
BRT,
Remember that $700 hear monitor bill?
I wrote an email and said I am not an insurance company, can you give me a number I can actually pay? The response was, oh yes I see your insurance company didn’t pay, let me switch your bill to self-pay. Ok, $190 is due and you’ll be all paid up….. ffs.
How many people don’t call in?
I’m writing a book called, “Tools for Tools.” It chronicles the last 15 years of the democrat party witnessing it’s gradual decay from formidable debate to rabid sickness and ultimate demise. The book focuses heavily on the the increasing outlandishness of ‘tools’ used like switching equality to equity, virtue-signaling, victim hood, deflection, symbolism, gender confusion and soy-laced anger methodology.
There’s plenty of research to parse through and no lack of it. One would say just put the mainstream media on a meeting loop for a few months and let AI generate the notes but I’ll use other sources as well. Key words such as American, Trump, the flag, grass roots, private industry and character will produce a boat load of ‘tools’ generated by the left as obstacles to support their cause and justify their weakness. Who knows what worms I’ll uncover in the process.
A Trump in the making.
“Springsteen was going off on the Trump administration in front a crowd in England. Does he do it in front of the U.S. crowds?”
This is rich coming from a vapid MAGA supporter. Nearly the entire movement was and still is based not on improving anyone’s lot, but on bashing the Democrats. Ever watch Fox News, peruse Truth Social or read the New York Post? It’s one bullshit hit article after another.
Where did you stay in Malta? I had a great time there too back in 2017 (wife was pregnant and we figured that Zika wouldn’t be around any flies).
We also took a ferry to where they filmed the Popeye film (RIP Robin Williams)
Coloring book?
Dementia Don! Nodding off in public, slurring his words….tick tick tick
Life of greed, graft, rape and incompetence winding down…
Imagine the cheering and celebration that will erupt once this obese turd expires??
Check out this updated Case-Schiller housing price graph, we’re in a bubble larger than 2005 bubble:
US Home Price History: 1890 to 2025
x com/nickgerli1/status/1923047634496885066/photo/1
Sky is getting dark….Yikes…batten down the hatches…
https://www.accuweather.com/en/us/new-jersey/weather-radar
Full link to Case-Schiller graph, not sure if it will post:
https://x.com/nickgerli1/status/1923047634496885066
This is rich coming from a vapid MAGA supporter.
That’s a ‘vapid MEGA MAGA’ supporter!!
Get it straight!
Ultra MAGA Faggot. I’d hurt you just for fun.
Stop your pointless trip around the sun.
I am trying to make sense of the housing market. When you look at the price of the real estate in other countries and how high they went….will there really be relief here? I am talking about desirable places, not cheap.
Honestly, this all prob pops down the road once the drop in population starts to hit. Till then, prob up. Just too many people, and not enough supply…and that’s all your chart below shows….population growth’s impact on housing.
Bubble says:
May 16, 2025 at 12:14 pm
Check out this updated Case-Schiller housing price graph, we’re in a bubble larger than 2005 bubble:
US Home Price History: 1890 to 2025
x com/nickgerli1/status/1923047634496885066/photo/1
11:39, what position are you seeking in Trump’s new deep state?
Phx: the CCP’s propaganda is thick like the atmosphere today. The progressives and Gen Z call it gaslighting. The culture over there is pure umbrage. They view themselves as the oldest and most amazing civilization in world history. They are in a constant state of affront that we aren’t genuflecting at their prominence. It fuels and justifies every dirty trick they pull. The entire country should be euthanized. They are an intractable menace forever.
Dark phoenix says:
May 16, 2025 at 10:49 am
I just saw a story saying that Chinese companies have been hiding undocumented wireless connectivity into solar power inverters and other industrial equipment.
Yeah, saw this too.
But is there truth to it? Or maybe there is connectivity based on the fact they may have just used a universal chip that had it included cause they had it laying around. Or maybe for a future upgrade. Or maybe not at all.
But America is full of hate. For the Chinese, for the Canadians, the Russians, the Mexicans. Make up lies everywhere. Trump just told the troops he had three elections.
Great Pumpkin, the US population grows at less than 1% annually. Something else is going on. The housing market is crazy out there.
Chicago says:
May 16, 2025 at 12:33 pm
Phx: the CCP’s propaganda is thick like the atmosphere today. The progressives and Gen Z call it gaslighting. The culture over there is pure umbrage. They view themselves as the oldest and most amazing civilization in world history.
How many other cultures and countries view themselves as the most amazing?
How many other religions do this?
How many other individuals do this?
I guess we could just euthanize them all, starting with the individuals and religions who think they are better than everyone else.
Fat Waffle House Eddie ~11:39
I got to give props to David Hogg. He’s ~25 and DNC Vice Chair and is on a crusade to get rid of Dem old fogies gathering flies. He survived the 2018 Ft.Lauderdale HS massacre and he has a hard on for boomers.
From Wiki,
DNC Vice Chair
Hogg announced on December 16, 2024, the launch of his campaign for vice chair of the Democratic National Committee, stating that he would focus on “winning back young voters who have drifted from the Democratic Party to Republicans”.[98] In the elections held on February 1, 2025, Hogg won the fourth of five vice chair positions after Reyna Walters-Morgan (the Vice Chair for Civic Engagement and Voter Participation), Artie Blanco, and Malcolm Kenyatta.[99][100]
They want Hogg out already. They are voting to remove him.
Some kind of “gender-based requirements”
Bubble says:
May 16, 2025 at 1:01 pm
Great Pumpkin, the US population grows at less than 1% annually. Something else is going on. The housing market is crazy out there.
Maybe some people own multiple homes. Venture capitalists own thousands of SF homes. Whatever goes on the market becomes competition.
You make money owning a home sometimes without doing any or minimal work. That’s getting rich American style. Americans are adverse to work, it’s why they offshored everything and brought illegals in to pick vegetables.
“It’s more fun abusing the poor workers” said Fat Karen as she throws her Big Gulp drink at the teenager who put too much ice in it.
Any relation to Boss Hogg?
Bubble ~1:01
It’s actually easy to understand if you have history, economics and sociology on your side.
A house is a house to live in. Maybe get some rental income if you are handy. To make real income you need to own many properties to even costs out. Average return on real estate income is less than 5% and appreciation on par with inflation unless you luck out into gentrification or become luckless into a ghetto. You can make more money in other places.
However,
1986 Tax Reform killed off, but Clinton and W Bush brought back tax credits that benefit real estate dramatically at the federal level. If you want to see at the state level compare NY vs NJ or PA state tax forms and you see that NY state is owned by the Real Estate industry. So the tax game IS the reason to be in real estate.
Add to it the bottom created by all the artificial assistance of Financial Crisis Bank bailouts, Financial repression aka 0% interest rates for more than a decade and the Pandemic bailouts. Plus massive immigration and the always pervasive Real Estate marketing and promotions which makes Real Estate looks always great ignoring the blow ups.
The questionable future?. Massive boomer die off that brings homes into the market. Speculators losing their shirts as their flips flops. FNMA and Freddie Mac going bye bye and with them the 30yrs Conforming Loan that made present middle class house ownership possible since the Great Depression. Massive recession/depression. The arrival of the Authoritarian Premium – is not how good your lawyer is, but who did he paid off?. Nice House you have there, but my friend needs it, take this or will burn you out – like Hoboken in the 80’s. Others? as my Magic 8 Ball is on the fritz?
Phx: I think the CCP are unique. They are predators. Most with a high opinion are just looking for adulation or isolation. These bastards channel their grievance through aggression.
Dark Phoenix says:
May 16, 2025 at 1:04 pm
Chicago says:
May 16, 2025 at 12:33 pm
Phx: the CCP’s propaganda is thick like the atmosphere today. The progressives and Gen Z call it gaslighting. The culture over there is pure umbrage. They view themselves as the oldest and most amazing civilization in world history.
How many other cultures and countries view themselves as the most amazing?
How many other religions do this?
How many other individuals do this?
I guess we could just euthanize them all, starting with the individuals and religions who think they are better than everyone else.
As long as unemployment remains low, the real estate market is not going to blow up. There are exceptions, obviously in particularly publishes areas with massive overbuilding or uniformity in property. Such as condos. However, there are only select areas in the country where there are job losses, such as the DC area.
Publishes = bubblelicious. AutoCorrect.
Agreed, Chi, both on China and housing.
That housing chart is nothing more than a reflection of housing supply to population growth. In desirable areas, the supply issue is magnified by capitalism.
Bubble says:
May 16, 2025 at 1:01 pm
Great Pumpkin, the US population grows at less than 1% annually. Something else is going on. The housing market is crazy out there.
I’d prefer something like Running Man….
“ The Department of Homeland Security is considering taking part in a television program that would have immigrants go through a series of challenges to get American citizenship, officials said on Friday.”
Hence, why you can’t build your way to affordable housing in the NYC metro area….it’s impossible. You can never ever match the supply to demand. I try to get some of you to understand this to no avail. You can’t have affordable housing in desirable areas under a capitalist system. I don’t make the rules.
You want affordable housing in NYC metro area, then take a bat to the head of the job market in this location. You can’t have a booming local economy, a desire to live in said location, and affordable housing.
Chi,
You may be right. I’ll have to brush up on Russian hx.
Learn something new every day.
@12:30 Melania’s oil boy
I’m tired of this timeline. We have an inept Democratic regime to thank for it.
So, slo joe didn’t know who his National Security Advisor was nor his name. He was calling him Steve.
Lolololol!
When dems are questioned about zombie joe, their response is, “let’s just move on.” That is, until they make as much money as they can off the sale of their books. What grifters!!
Grifters?? Come on. I know you’re stupid…seriously
It’s the Boomers fault
Lorax says:
May 16, 2025 at 2:16 pm
I’m tired of this timeline. We have an inept Democratic regime to thank for it.
they decided to make the world a worse place
How many billions?
think about it.
maga invaded Vietnam for no reason and oppressed the 1960’s Civil Rights movement to end Slavery
This looks positive.
https://finance.yahoo.com/news/consumer-sentiment-hits-second-lowest-reading-on-record-143434248.html
Here it comes.
Ol Joe is gone. But the new team is an insane collection of complete and total morons. The only saving grace is that America is “somewhat” resilient and we might survive the stupidity that was forced upon the populace thanks to the collection of dumbasses in red states. I would count on a recession in a year. I would count on a housing crash or at least significant correction in that same timeframe. Once the mid terms arrive we might get some balance back to congress but as you can see Trump’s latest budget is an absolute shit show and even members of his own party see it as a deathknell for their careers/
Lorax
But they are going to save democracy.
And they say it with a straight face too.
President Donald Trump’s agenda has been thrown into chaos after a group of GOP hardliners blocked the bill in a key committee vote on Friday – dealing a major embarrassment to House Republican leaders and Trump himself.
Speaker Mike Johnson and his leadership team will now spend the weekend trying to win over those Republicans before attempting to take that vote again, potentially as soon as Monday. But it will be a tough task to flip the right-wing Republicans, who are demanding more spending cuts from Medicaid and from federal clean energy programs, especially as Johnson must also be careful not to alienate moderates whose votes he also needs with any changes to the bill.
A core of right-wing Republicans had warned Johnson and his leadership team, both privately and publicly, that they planned to oppose the vote in the House budget panel meeting on Friday. But GOP leaders took the gamble, and went ahead with the vote anyway.
Circling the drain, killing this profession. What other profession lost pay the past decade? Such a joke. The disrespect for education is disgraceful. Said it on this blog for 13 years….do not let your child become a teacher. You have been warned for a long time.
https://patch.com/new-jersey/wayne/s/jc18d/how-much-do-nj-teachers-make-new-report-ranks-their-pay?utm_source=nearby-news&utm_medium=email&utm_campaign=alert&user_email=b806a4e97ba34f4010ae7e2f8d00b7e96968267c7b55659ed992d30bb95bd1b4&user_email_md5=52aa375fd40471811c1ca5de1be1e352&lctg=521d49f21e240a9c3f30d654
It’s really disgusting and frightening with what has happened with education in this country. I blame Trump and republicans for this. Always pushing school choice and pissing on the greatest public education system the world has ever seen. Serious pos’s to attack education, yet make sure your kids go to ivy league schools.
I dare you, trump and other republicans, to not let your kid go to college or get educated. F’ing do it! But you won’t you f’ing hypocrites.
Education is feast or famine. It’s all about who shows up in a given classroom and what materials and teachers are there. Lot’s of places really value education. Home values are still influenced by school districts. There is no substitute for decent parenting. Many on this board have kids who are thriving as a result of their educations and upbringing.
Aren’t you making $120K + bennies + summers months off?
Yeah, teaching in NJ is an awesome gig. especially long term!
Chi,
I think the CCP is pure poison. On the Chinese people and the culture, I’ve seen positives and negatives in my studies and exposures over the decades. Number one negative is the predominant culture is Confucian, which is ultimately based on obedience to authority, and not thinking for yourself. Another, there isn’t really a personal ethical code or compass that pervades people’s decisions in the way that it does for many in the West. People feel life is zero sum, you can either take advantage of others or they take advantage of you, lots of jealousy and showing off, true in personal relations as well as national policy. In the revolution, the lowest people took over and enjoyed their vengeance. Imagine all the lefties and nihilists on this board overthrowing society and shooting everyone they didn’t like, emptying out the schools and hospitals for years, and then hoodlums rebuild society and all institutions based on the inspiration of their murderous yet poetic leader.
On the positive side, most people work hard and save, many have high IQs, many people individually wish they could live a moral life (without even really having much of an idea what that would be), and there’s a lot of good food to be had.
In a Friday morning Truth Social post, the president criticized Bruce Springsteen for “go[ing] to a Foreign Country to speak badly about the President of the United States.”
The president’s comments come days after Springsteen lambasted Trump during the first show of his latest tour with the E Street Band. Speaking at the Manchester-based concert on Wednesday, Springsteen branded the Trump administration “corrupt, incompetent, and treasonous,” calling on “all who believe in democracy and the best of our American experience to rise with us.”
“Raise your voices against authoritarianism and let freedom ring,” Springsteen said at the Mancunian show.
The setlist was a marked departure from the band’s post-pandemic shows. While the last few years have seen Springsteen play a mostly autobiographical, introspective set devoid of the political statements that have been the hallmarks of his career, the performance on Wednesday — Springsteen’s first since Trump returned to the Oval Office — included several.
A representative for Springsteen did not respond to a request for comment after Trump’s social media post.
Trump’s Truth Social post also saw the president accuse Springsteen of “not (being) a talented guy,” an ironic allegation given Trump previously featured the rocker’s “Born in the U.S.A.” at multiple rallies without Springsteen’s consent. The post also slammed Springsteen for speaking out against the president while abroad rather than while on US soil.
GP
Boomers don’t want to pay for you. Boomers own all of the property. Boomers are the taxpayers. Boomers charge so much for their homes that a teachers salary will never be enough.
Boomer will go so far to hate children and paying taxes to do this:
B
Braided cable kills 13-year-old boy riding electric scooter through grass.
A 13-year-old boy who was critically injured after hitting a braided cable while riding an electric scooter has died from his injuries.
The teen was riding his electric scooter southbound on Fifth Ave West and tried to cut through a grassy lot to reach a nearby cul-de-sac, according to police.
As he crossed the lot, he struck a braided metal cable that had been stretched between a fence post and a traffic bollard, KIRO-7 reported.
Plenty of teachers buy homes. So do healthcare workers.
Only fans helps the nurses….
Plenty of teachers crying about their pay.
Only Fans helps the teachers as well. Plus they like banging the students.
Oh, snap. 4 hrs ago
https://youtu.be/lFMeScoFxrI?si=A_jX2eaDVgpjola0
5:00 lot’s of teachers are married to folks who make decent money too. trust me.
Religion/Teaching/ASCII Dicccs
@Scorpion_GoldenEmpress
4 hours ago
This is such a sad thing that these sickos go under the radar. A teacher and a pastor my two red flags!! Another sicko
Lorax says:
May 16, 2025 at 5:04 pm
trust me.
That’s what this teacher told the children.
Where’s YOUR monkey branch PHX
or is no one looking for an immigrant clown with a penchant for self abuse.
Damn you Steve Jobs…. At least you were flaky enough to do yourself in with you hippie crap. How bad would the world be now with Jobs + Musk + all the other Silicon Valley Dark Enlightment believers together?
And where are we going to get 28 million with little hands that can be housed in dormitory and treated like indentured servants?
I don’t think those whitey afrikaneers that Orangeturd can do that. They all look like future residents and meth heads of Wheelings, WV.
From NY Times, top part of book review article.
Apple Used China to Make a Profit. What China Got in Return Is Scarier.
In “Apple in China,” Patrick McGee argues that by training an army of manufacturers in a “ruthless authoritarian state,” the company has created an existential vulnerability for the entire world.
Published May 15, 2025Updated May 16, 2025, 2:54 a.m. ET
APPLE IN CHINA: The Capture of the World’s Greatest Company, by Patrick McGee
A little more than a decade ago, foreign journalists living in Beijing, including myself, met for a long chat with a top Chinese diplomat. Those were different days, when high-ranking Chinese officials were still meeting with members of the Western press corps. The diplomat whom we met was charming, funny, fluent in English. She also had the latest iPhone in front of her on the table.
I noticed the Apple gadget because at the time, Chinese state news media were unleashing invectives on the Cupertino, Calif.-based company for supposedly cheating Chinese consumers. (It wasn’t true.) There were rumors circulating that Chinese government officials were being told not to flaunt American status symbols. The diplomat’s accouterment proved that wrong.
At the time, one could make the argument that China’s economic modernization was being accompanied by a parallel, if somewhat more laggardly, political reform. But the advent in 2012 of Xi Jinping, the Chinese leader who has consolidated power and re-established the primacy of the Chinese Communist Party, has shattered those hopes. And, as Patrick McGee makes devastatingly clear in his smart and comprehensive “Apple in China,” the American company’s decision under Tim Cook, the current C.E.O., to manufacture about 90 percent of its products in China has created an existential vulnerability not just for Apple, but for the United States — nurturing the conditions for Chinese technology to outpace American innovation.
McGee, who was the lead Apple reporter for The Financial Times and previously covered Asian markets from Hong Kong, takes what we instinctively know — “how Apple used China as a base from which to become the world’s most valuable company, and in doing so, bound its future inextricably to a ruthless authoritarian state” — and comes up with a startling conclusion, backed by meticulous reporting: “that China wouldn’t be China today without Apple.”
Apple says that it has trained more than 28 million workers in China since 2008, which McGee notes is larger than the entire labor force of California. The company’s annual investment in China — not even counting the value of hardware, “which would more than double the figure,” McGee writes — exceeds the total amount the Biden administration dedicated for a “once-in-a-generation” initiative to boost American computer chip production.
“This rapid consolidation reflects a transfer of technology and know-how so consequential,” McGee writes, “as to constitute a geopolitical event, like the fall of the Berlin Wall.”
Jumping Worms That Leap 1 Foot May Eat Up NJ Gardens
Unlike other earthworms, invasive Asian jumping worms can clone themselves as they eat away at leaf litter that makes soil productive.
Great post @ 6:40 🙏
OrangeTurd only needed “empty shelves” and the impact to his ratings to blink. But as you/Patrick McGee says, the problem is far deeper.
I was catching up on the news of the week – missed some because of the extra hours in bed due to covid.
I learnt that Trump’s EO on reducing pharmaceutical prices is now not a mandate but just a “request” to lower prices. So again another great “vision” with zero chances of getting any traction on the ground.
On Monday, CoinBase will get into millions of Americans retirement portfolio – whether we like it or not, because of trump. Discover exiting S&P 500 and coinbase taking its place.
I am not surprised Moody rightfully downgraded the US.
And that means, whether we like it or not, we are propping up $melania and others like $maga, using retirees hard earned savings. How sh1tty is that?
Wtf Apple?!!
The Great Pumpkin says:
May 16, 2025 at 9:14 pm
Wtf Apple?!!
WTF stuuupid Amerikkkans?
You don’t want to do hard work anyway, just exploit others.
You wanna teach or make cellphones? Don’t think you would last ten minutes on an assembly line, even if you got paid teacher salary, bennnies, and weekends/summers off.
You get skills by working, doing, solving problems.
You get fat, lazy, and have heart disease from doing nothing.
Repuke or democrap, you were always going to prop someone up other than middle class Americans.
Your government hates you f’n peasant.
Stop resisting.
RentL0rd says:
May 16, 2025 at 8:57 pm
And that means, whether we like it or not, we are propping up $melania and others like $maga, using retirees hard earned savings. How sh1tty is that?
Your typical American today. Good luck fixing this:
https://www.reddit.com/r/WTF/comments/1kogu88/not_cool_bro/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button
For the heathens on here:
Matthew 6:24 – “No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other. You cannot serve both God and money.”
So sayeth the shepherd, so sayeth the flock!
“Drug prices have dramatically climbed in recent years. From January 2022 to January 2023, prescription drug prices increased more than 15%, reaching an average of $590 per drug product, according to the Department of Health and Human Services. Of the 4,200 prescription drugs included on that list, 46% of the price increases exceeded the rate of inflation.”
This was a recent topic on here…..
What was once a gritty steel town in steep decline is now one of the hottest housing markets in the country.
Pittsburgh, Pennsylvania — once synonymous with smoke-belching mills and working-class grit — has reinvented itself as a magnet for tech talent, healthcare workers, and remote professionals drawn by its affordability and quality of life.
When the steel industry collapsed between the late 1970s and early 80s, most of the mills closed, prompting mass layoffs for many of the blue-collar workers in the city.
Pittsburgh then experienced a decades-long downturn with widespread job losses and a mass exodus of locals. This led to a near economic collapse.
Now, the Steel City is undergoing a resurgence, regularly topping lists of the most livable places in the US. In fact, it’s even cheaper to buy a home than to rent in Pittsburgh.
‘Pittsburgh is fast becoming a niche destination,’ local Berkshire Hathaway realtor Sara Leitera said
‘With the affordability and unique housing options within the city and nearby suburbs, there are options for every home buyer.’
Alongside its affordability, homebuyers are also flocking to the city for its growing food scene and world-renowned sports teams — most notably the six-time Super Bowl champions the Pittsburgh Steelers.
Drug companies own your government. Your government hates you.
It’s that simple.
That’s capitalism.
8647, wth was comey thinking. If he really shut up when he should have shutup, we wouldnt be here.
Regarding Pittsburg, it is insane. I just co-signed a lease in pittsburgh for my son’s grad school rental, cuz at $40k/ yr he makes, he cannot afford to rent one anywhere in the town.
And we can all think teachers are overpaid in nj, but based on the house prices and rent, hell no. Two teachers, long into their career, finally making 100k and still can’t afford a decent house in north jersey. That’s two teachers combined at the top of the scale. Stop thinking they make a lot of money. 100k is chit in our area, wake the f up. Stop acting like it’s something special.
I make almost a 100k on my rental…not profit, but income. My rental income was nothing when I started working in 2005. It has almost caught up to my job and I have way below market rents. Let that sink in. $1250 for a 2 bedroom. Evil landlords?!!! I am saint….single handily subsidizing this family’s affordable housing they can barely afford.
GP
Sell them one of yours.
You can do that. So can anyone else with a spare.
But if you are greedy, they cannot afford it.
So who is the problem? Do you need two?
Just the idea of owning rental units sounds exhausting
It really does suck. Hey, i have water leaking from the ceiling. Take a deep breath, and open up the wallet.
Best part: the family i am subsidizing almost burnt the house down. So lazy had a pizza box in the oven. Forgot about pizza box, went to heat up oven…next texting me that there was a fire and they ran out of the house. Can’t make this chit up. This is why LIB left, even though his tight ass left money on the table. You just want out. Sad part, due to taxes, there is no way out unless you want to give most of your winnings to the govt. it’s a hold asset. Aka you are a slave to your property….like the govt has me subsidizing this family to the tune of 730 dollars to help them survive. You will never hear about these stories in woke stories of evil landlords. Not all are ruthless. A lot of good landlords out there. Just stay away from corporate..
Lorax says:
May 16, 2025 at 11:21 pm
Just the idea of owning rental units sounds exhausting
And jewish landlords ….i kid i kid. It was there for the taking.
Oh yea, best part of story….they asked me what i am going to do about their clothes smelling like smoke. I laughed. I said you almost burnt my house down, you have some nerve. Lucky i am getting you a new oven. You should be paying for that. I didn’t f’k up like that.
Of course because i have a grandfathered in basement kitchen and bathroom….clifton sent the inspectors. Had to waste time proving no one lives in the basement. Firemen let them know…
GP,
You keep it because you are greedy. You either want the income, or don’t want to pay taxes on profit, or better yet, both.
Bottom line is you aren’t doing this out of the goodness of your heart.
You like, breathe, eat and sleep money.
But if you put that house up for sale, then some poor, underpaid teacher could buy it.
In fact, you could post it on your bulletin board at work so only teachers can get the deal.
That’s the truth.