| Re: Old London Melba Toast factory in Bronx relocating to NC - 228 jobs lost (553586) | |||
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Re: Old London Melba Toast factory in Bronx relocating to NC - 228 jobs lost |
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Posted by AEM-7AC #901 on Sat Jan 23 21:50:25 2010, in response to Re: Old London Melba Toast factory in Bronx relocating to NC - 228 jobs lost, posted by trainsarefun on Sat Jan 23 18:53:39 2010. Unfortunately, Mayor Bloomberg & co. are doing their best to bring aboard a lot of 'affordable housing', which is even more tinkeringGiven the nature of what constitutes affordable housing, isn't it really de facto give-aways to groups that are politically connected and not exactly crushed by crippling poverty? In other words, not the big box store employee with children making $25K, but a unionized employee making $50k with one or two children? To speed things up, NYCHA should probably convert its developments into condominiums and sell off units as they become vacant. Sell to the current renters themselves or to new residents? Electorally stupid While stereotypically, poorer residents have lower turn out, I'd certainly note that candidates will manipulate such a policy to pander to the public that doesn't live in the projects, but fears being priced out of the real estate market. but it would spare people a lot of pain long term Well, unless you're a resident of a housing project... Regardless, as this main topic and comment thread has alluded to, there's a sizable portion of this city's residents are unskilled, yet, have some degree of need by business for filling low level service employee functions, but due to market forces, are unable to command high enough wages to live without some degree of subsidy. If we reduce the subsidy, they'll flee and we get politicians who'll pander to voters with tales of being priced out by "greedy" landlords along with cries of racism, and if we goad employers into living wage regulations, we'll end up with employers who prefer unregulated areas and unemployed persons that require greater subsidy. I don't think there's any easy way out of the situation. |