The entirety of the U.S. could be housed for maybe $3 trillion dollars. Since Trump took office the market has taken an $11 trillion dollar loss. We could have housed everyone with free rent/mortgage and made them nice, put Americans to work boosting the economy (making those refurbished/new homes) and also taking away the expenditures on said rent/mortgage making it so more money will be spent elsewhere to boost the economy and balance out the not spending to landlords/corporations who own them. To think of that in another manner. In 2 months, the market lost 44% of the U.S.'s GDP.
More than twice the GDP of any other country in the world except China, was lost in 2 months.
You, and others like you, are the reason I love lemmy. I can make an off the cuff snipe at idiocy, and if I don’t feel like pulling in exact numbers someone will come in behind me with data like this.
Like the stock market losing trillions? That kind of economic crisis?
The entirety of the U.S. could be housed for maybe $3 trillion dollars. Since Trump took office the market has taken an $11 trillion dollar loss. We could have housed everyone with free rent/mortgage and made them nice, put Americans to work boosting the economy (making those refurbished/new homes) and also taking away the expenditures on said rent/mortgage making it so more money will be spent elsewhere to boost the economy and balance out the not spending to landlords/corporations who own them. To think of that in another manner. In 2 months, the market lost 44% of the U.S.'s GDP.
More than twice the GDP of any other country in the world except China, was lost in 2 months.
You, and others like you, are the reason I love lemmy. I can make an off the cuff snipe at idiocy, and if I don’t feel like pulling in exact numbers someone will come in behind me with data like this.
Thank you, neighbor.