The Glade 4.0

Apparently it is not necessarily part of the assertion then eh?

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They were, though. Manipulated interest rates, government programs to provide incentives to buy, artificially increased demand, which increased prices.

What?

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"Hysterical children shrieking about right-wing anything need to go sit in the corner and be quiet while the adults are talking."

Except that it didn't, (withing the subsector we're talking about) because of the aforementioned rent control. This held prices down which artificially increased demand. If demand had been increased artificially without this being done, prices would rise naturally in response to the manipulation of demand. The resulting high prices wouldn't be artificial; they'd be a natural response to something else artificial.

If you try to define every step in the chain as artificial because one step is, pretty soon the entire market is "artificial" and you've got a menaingless term that tells us nothing.

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"Hysterical children shrieking about right-wing anything need to go sit in the corner and be quiet while the adults are talking."

It can't be necessary if we never do it.

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Xequecal:

What in the world are you trying to imply is the link between decades old, city specific rent controls and the recent national housing bubble?

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Ezekiel 23:19-20 

That's not what necessary means in this context. It means that it's necessary for spending cuts to accompany tax cuts to realize the benefits of tax cuts to the economy, otherwise you just end up taxing more later to pay for it.

Moreover, the fact that something is necessary doesn't mean that we do it. It's necessary for my dad to quit drinking. He hasn't done it.

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"Hysterical children shrieking about right-wing anything need to go sit in the corner and be quiet while the adults are talking."

The statement respondents were asked to agree or disagree with was, "Rent control leads to housing shortages." There are no caveats, the statement is that rent control always leads to shortages. Even one case of rent control not leading to shortages makes this statement false, which means the 79% who disagreed aren't clueless.

Dude, what the heck are you talking about? The statement "Rent control leads to housing shortages," is universally true. The statement is to be read in the vacuum of cause and effect. Furthermore, you still haven't demonstrated any link between decade old rent controls and the recent housing bubble. What you have demonstrated is that you have very limited understanding of straight-forward poll questions.

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Ezekiel 23:19-20 

I'm not sure why you think the rent control has to be decades old, the survey respondents weren't asked that.

Because the rent controls were placed decades ago. Again, form your corolation.

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Ezekiel 23:19-20 

Okay, first off, Xequecal: Do you want to speak in hypotheticals, or real scenarios?

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"Aaaah! Emotions are weird!" - Amdee
"... Mirrorshades prevent the forces of normalcy from realizing that one is crazed and possibly dangerous. They are the symbol of the sun-staring visionary, the biker, the rocker, the policeman, and similar outlaws." - Bruce Sterling, preface to Mirrorshades

I'm not arguing that decades-old rent controls haven't created housing shortages. The sentiment is that the 79% of respondents who disagreed with "Rent control leads to housing shortages." are ignorant. There are no caveats, it says nothing about how long the rent control has been in place or anything like that. It's an absolute statement that becomes false if there's a single case anywhere of rent control not creating a shortage, over any time frame, anywhere. Nobody is ignorant for disagreeing with that. Ever taken a true/false test? You always mark the absolute statements as false.

All kittens become cats when they mature.

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Actually it isn't strictly an absolute statement. It can be read "Rent control generally leads to housing shortages" just as easily as "Rent control always leads to housing shortages".

It's like saying "people die when airplanes crash". No, every single airplane crash does not result in a fatality, but it is true far more often than not. It's a rule of thumb, and the statement can be taken that way.

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"Hysterical children shrieking about right-wing anything need to go sit in the corner and be quiet while the adults are talking."

The Economy, as managed at the policy level by our government, media, pundits, and so-called experts, is entirely artificial. It has been so for at least a century.

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Wrong. Just **** wrong.

In economics discussions, all scenarios are made on one assumption: all other things remain equal.

Therefore, by trying to argue that liberals did not answer incorrectly and are thus not ignorant, you're actually further demonstrating their ignorance. Why? Because you're stating that they didn't know one of the core tenets of basic Econ 101: all other things remain equal.

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“The duty of a patriot is to protect his country from its government.” - Thomas Paine

Considering how loose monetary policy has affected housing prices, do you really think the term 'artificial' is unfair?

The housing market is a pretty nonstandard supply/demand function, because monetary policy affects not only the number of buyers, but also their individual buying power. That makes the function recursive on the demand side.

Hence, the bubble.