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Posts Tagged ‘Reform’

As Social Critic readers know, there has been no blow-by-blow effort to dissect news of the ongoing Trump-Russia investigation. The reason? Doing so relies too heavily on speculation. Until special counsel Robert S. Mueller III weighs in, the jury remains out. Of course, that hasn’t stopped a bifurcated mainstream media from leaving little doubt in the minds of their respective readers and viewers as to how guilty — or innocent — President Trump is of Russia-collusion allegations. Caught between the competing partisan wings of the American media, one can expect that from time to time key “dots” will fail to connect in the public mind. This is one such time.

The first under-reported development centers around the revelation that FBI Director James Comey, according to the Inspector General Michael E. Horowitz, made use of a Gmail account to transact FBI business. This is relevant not simply in the context of whether or not classified information may have been conveyed over a Gmail account — which Comey denies — but because the Russian “hack” began with phishing emails.

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The 2016 presidential election year in many ways reflects the way in which reality TV — never at a loss for drama, exhibitionism and outrage  — has begun to influence political theater. Political races have always been, to an extent, a dog-and-pony show. But GOP candidate Donald J. Trump’s out-sized assertions and foot-in-mouth moments don’t seem to have cost him to the degree they would have cost a presidential candidate in elections past. Aided by the let-it-all-hang-out evolution of social media, what passes for reasonable discourse rests at an exceedingly low bar. The question is, just how much success can a presidential candidate enjoy using this provocative formula?

Perhaps Trump’s success, beyond the fact that his outrageous statements attract a great deal of media coverage, would have failed if The Donald did not also tap into a growing populist frustration, signaling a sea-change the political establishment can no longer afford to ignore.

For all his grandiosity, Trump has managed to tap into very real American concerns.

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Among the lesser-reported impacts of the Great Recession, during which time millions of Americans lost their homes to foreclosure, is the continuing surge in rental housing demand. Demand has inflated rental rates in already costly markets throughout the country. But rental price inflation is not just a problem hitting high cost of living regions in California and New York — it has hit 90 cities nationwide with no end in sight. Rental costs between 2011 and 2012, alone, increased 4 percent nationally, whereas rents in some markets during a broader period — between 2000 and 2012 — have inflated nearly 25 percent, a study by the Joint Center for Housing Studies of Harvard University reports.

High demand and short supply means one thing: higher prices. But housing isn’t merely a luxury people can forgo. Increased demand for rental housing post recession does not merely reflect the fact that mortgage lending standards are more stringent, but the reality that many Americans are still attempting to rebound from a downwardly mobile spiral. Just because rents are rising doesn’t mean renters are in a position to absorb the price hikes. To the extent rental property demand is an outgrowth of the economic meltdown and stagnant wages — in spite of job growth in more recent years — it would appear housing reform is a topic seriously overdue for national attention.

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