Re: “US residence gross sales fall for the third straight month in Could amid rising mortgage charges, record-high costs” [June 21, Business]:
Studying about “record-high costs” in the actual property market, I thought of younger folks saying they will’t afford a home. My first response was, “It was robust in my day too.” Nevertheless, it truly is harder now.
Information exhibits actual wages for many U.S. staff have barely moved in many years, whereas CEO salaries and home costs have undoubtedly gone up. Usually, authorities fails to control huge enterprise adequately, and typically it nearly appears that enterprise regulates authorities.
Large cash’s impression on politicians is rising, worsened by the Supreme Court docket’s “Residents United” choice that sees companies as folks (no, they’re not).
There’s a proposed modification to the U.S. Structure to permit state and federal governments to differentiate between companies and folks and regulate election spending. The Democracy for All Modification is presently in committee.
I urge U.S. Sens. Patty Murray and Maria Cantwell, and everybody to assist this invoice to start out it on the trail to ratification. It’s an extended journey, but when profitable, future generations will be capable of honestly say, “It’s simpler to purchase a home now than it was in my day. We mounted that for you.”
Dan Scavezze, Woodinville