What Evictions, Unemployment, Liberal America and a Guaranteed Annual Wage All Have in Common
Yep, we most sure have a major problem on our hands with rents not paid. Blame it on who you will, those who are behind are certainly not taking Covid-19 as an excuse to lay back and figure the rent will take care of itself.
But deciding landlords are a class we seem increasingly willing to throw under the bus doesn’t make sense either. They’re businessmen the same as others under stress, some of them assholes and some keeping up their properties and sending a plumber when there’s a leak in the kitchen. Prevented from eviction they probably lose the building, the mortgage-holder takes over and they evict. Everybody loses.
The actual unemployment rate is behind this, instead of the 6.7% government claim
(CNBC June 29, 2020) The number of employed people as a percentage of the U.S. adult population — plunged to 52.8% in May, meaning 47.2% of Americans are jobless. As the coronavirus-induced shutdown tore through the labor market, the share of population employed dropped sharply from a rec…