Repost from America First with Steve Cortes.
The policies of Joe Biden exclude an entire wave of young citizens from a critical component of the American Dream.
As America descends into oligarchy, conglomerates and their affiliated political stooges manipulate markets and public policy to centralize power and disenfranchise the historic drivers of social cohesion in America, especially vibrant churches, prosperous small businesses, and thriving families. Regarding families, a pillar of family formation and lasting generational strength in America long revolved around private property, the creation and sustenance of ownership over single-family housing.
Right now, young people are almost totally priced out of the goal of home ownership. Instead, an increasingly financialized economy in America combines with Joe Biden’s catastrophic inflation surge to create a class of disaffected young people who cannot follow the pattern of previous generations. For these young Americans, the reality prescribed by the Davos World Economic Forum seems to unfold: “You’ll own nothing. And you’ll be happy. What you want, you’ll rent.”
This supposed Davos idea of “happiness” actually manifests itself in depressing realities as evidenced by the data. Household formation just hit the lowest percentage increase in American history. A baby dearth explains much of the lack of new households. America jut registered the lowest birth rate ever, a stunning 20% below the births per woman seen as recently as 2007. Not surprisingly, marriage also suffers. For the first time in US history, the majority of US households do not include a married couple.
Many factors contribute to these troubling signs for our society, including seismic cultural shifts and a rapid secularization of our country. But economics also play a critical role, and the policies of Joe Biden exclude an entire wave of young citizens from a critical component of the American Dream via home ownership.