this post was submitted on 11 Aug 2026
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
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3% mortgages did this. If mortgages were kept around historical averages of 7 percent, the asset inflation wouldn't have occurred. The monthly costs at 7 percent currently are unaffordable except for the top 20%.
That's with 7% being an average, they were in the high teens in the 80's. Funny how that works. Rates go up, house prices go down and vice versa. Supply and demand of course but it's as if cost of living is based on what you can afford to pay not what the product is worth. Throw in property taxes and there's another pesky variable affecting the price. I once considered buying a vacation cabin in NY state because the price was remarkably cheap until I saw the property taxes. A mortgage gets paid off but property taxes are forever. I guess my long, rambling point I've piggyback onto yours is it's more complicated than "capitalism sucks"
Allowing the Fed to artificially keep interest rates down for 15 years is not "Capitalism sucks". Its pure, unadulterated asset inflation purposely done. ZIRP policies were a choice made that have gotten us to where we are with asset prices.