The Daily Parker

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Two tales of bad Republican policies hurting ordinary people

First, from Crain's, an exploration of the ghost town inside Naperville, Ill., where millions of dollars evaporated when the housing bubble burst in 2008:

At the height of the building boom, Novack estimates, there were 88 homebuilders working in Naperville. "Everyone was building homes then," he says. "It was the best business to be in." The bust took that figure down to "maybe a dozen," Novack says, though in recent years it's grown back to around 30. Homebuilding has been in a trough throughout the region, not only in Naperville. Builders sold 25,105 new homes in the Chicago area in 2006, according to Schaumburg-based industry tracker Tracy Cross & Associates, and in 2015 sold less than 15 percent of that.

If only Alan Greenspan had taken an economic view instead of an ideological one in the mid-2000s and put the brakes on runaway lending. Oh, and if we'd had financial oversight. But Republicans believe in everyone making it on their own: i.e., the richest making it on their own by not having to deal with the protections we put in place in the 1930s and 1940s, the last time this happened.

Meanwhile, in New Jersey, the incoming Christie administration moved money around the state budget to cut taxes, and he cancelled an enormous Hudson River tunnel project ostensibly to protect the state from cost overruns. The effects of his policies (which are consistent with Republican ideology) were calamitous for public transport. The New York Times explains in detail the effects on New Jersey Transit in particular:

Under the administration of Gov. Chris Christie, a Republican, the state subsidy for the railroad has plunged by more than 90 percent. Gaping holes in the agency’s past two budgets were filled by fare increases and service reductions or other cuts. And plans for a new tunnel under the Hudson River — one of the most ambitious infrastructure projects in the country — were torpedoed by Mr. Christie, who pushed for some of the money to be diverted to road-building projects. 

The result can be felt by commuters daily. So far this year, the railroad has racked up at least 125 major train delays, about one every two days. Its record for punctuality is declining, and its trains are breaking down more often — evidence that maintenance is suffering.

Midway through Mr. Christie’s first year as governor, New Jersey Transit was spending about $1.35 billion on projects to maintain and improve service. By the middle of last year, that figure had fallen by more than half, to about $600 million.

Again, Republican low-tax, low-service policies benefit the rich (who don't care about public services but do care about taxes) at the expense of everyone else (who pay much less in taxes to begin with but do care about public services).

With 26 days until the election, maybe we should pay attention to down-ballot races and their consequences. You want to make America great again? Quit electing people who don't care about you.

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