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The Housing Crisis Reveals How Much the Democrats Have Adopted Republican Policies


The Housing Crisis Reveals How Much the Democrats Have Adopted Republican Policies
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PLANNING WATCH-From the 1930s to the late 1960s the Democratic Party stood for two policies that successfully addressed this country’s chronic housing crisis: public housing and the minimum wage.
1) Public and publicly-subsidized housing. These housing policies, which date back to the New Deal, gradually ended beginning with the Nixon administration in the early 1970s and the dissolution of California’s Redevelopment Agencies in 2011. This shift was possible because the adoption of neo-liberal (trickle-down) housing policies was totally bipartisan. 
2) Minimum wage laws.  In this period, from the New Deal in the 1930s through the Great Society of the 1960s, the Democratic Party championed regular minimum wage increases. They began with $0.25/hour in 1938 and reached $7.25/hour in 2009, where the minimum wage has been stuck for 11 years. If ....

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