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Sins of the Rich: Liberal Hypocrisy Exposed

The rich talk a good game but often don’t live up to their convictions. Many affluent Americans whose politics are on the liberal left are being exposed as hypocrites in regards to housing, taxation, and education. The New York Times, which in many cases is the flag-bearer for the left, is displaying integrity and courage in criticizing and exposing their own.

Just one example given is the San Francisco area adding 676,000 jobs in the last eight years but only having 176,000 housing units. The City Council attempted to re-zone a certain area to allow for the construction of a 60-unit affordable housing complex. The overwhelmingly liberal residents of Palo Alto voted to repeal the decision, eventually resulting in the construction of a few $5 million single-family homes.

The New York Times lead writer on business and economics, Binyamin Appelbaum, comments:

I think people aren’t living their values. You go to these meetings in these neighborhoods where they’re talking about a new housing project, and it’s always the same song. And it goes like this. “I am very in favor of affordable housing. We need more of it in this community. However, I have some concerns about this project. We have the hearts to do this. But we’re doing it wrong. And we’re dictating harm onto the neighborhoods.”

And then off we go with the concerns. And then nothing ever gets built. This is happening all over California. And the result is that these neighborhoods are so expensive that they keep anyone out who isn’t a part of this small group of superrich residents, many of whom bought their properties decades ago and who spend their time fighting vigorously to keep the value of their real estate assets superhigh.

You can watch the video here.

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