Friday, November 14, 2025

Republicans Have a Year to Make Progress on Affordability or Republicans Are (Probably) Toast


I'm going to try to connect a few of them into a simple prediction: Republicans have a little less than a year to improve the economic situation or they are going to lose the House next November. - John Sexton
  • In short, young people are feeling a sense of despair. 
And that despair is in search of some improvement in their lot in life. 
  • It could be Trump who campaigned on bringing back America's vitality and manufacturing. 
  • It could be Mamdani, who campaigned on rent freezes and free child care. 
The issue here isn't ideological so much as it it is a desire to see things improve.
Last week, Peter Thiel made some comments about Mamdani's success which seem relevant here:
If you graduated in 1970 with no student debt, compare that to the millennial experience: too many people go to college, they don’t learn anything, and they end up with incredibly burdensome debt. 
Student debt is a version of this generational conflict that I’ve talked about for a long time...

It’s extremely difficult these days for young people to become homeowners. If you have extremely strict zoning laws and restrictions on building more housing, it’s good for the boomers, whose properties keep going up in value, and terrible for the millennials. If you proletarianize the young people, you shouldn’t be surprised if they eventually become communist...

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