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George Clemons's avatar

The individual stories in this article I find to be rather sad, not for their situation but for the sense of despair and hopelessness, and yet they live in an era, which I see as being one of virtually endless possibilities. I lay that at the feet of the so called progressive leadership that as virtually all of our levels of government and in our institutions. The Carter era of "malaise" is laid broadly across so much of our society. I'm 81 years old and grew up at the end of WWII and in the Fifties and never grew up in a house that my family owned mostly because my father was what I called and "itinerant dreamer," always chasing the big bucks but without the skills to keep them and invest them. When I went to college in 1962 I got a National Defense Loan for tuition and worked two jobs for spending money and food and that was in Los Angeles. Eventually, with I ran out of money and with the Viet Nam war going on I enlisted rather than get drafted. I went into the Air Force which offered technical training and an opportunity for college. After two years I qualified for a commissioning program where they would pay me to go to college at USC which I did. From that point I had my career, and even though they didn't pay anywhere near what they do now, it was a start and allowed me to marry and start a family at age 24. Over the years I traveled over most of the world taking advantage of every opportunity offered for which a willingly paid for with my time and best efforts. Today we own our own home, the last of several) with a very comfortable retirement. I say this only because despite a war that served in, numerous recessions and financial crises (18% mortgage rates) and moves every 3-4 years, through perseverance and some mature decision making together we built a life with two grown kids in careers. It is possible even and I would so especially now. You just have to figure it out what you want and then work, save and work some more. It is never easy.

As to the political snake oil that is being sold: that $25,000 tax credit is for first time, FIRST EVER GENERATION homeowners which automatically favors minority groups without says so. Also, if that is enacted by congress (which is a big if) the effect will automatically bump the housing price by $25,000. The developers are going to get theirs no matter what. Same thing happened with student loans and tuition costs; ditto for EVs, when they offered $7500 tax credit when you purchased a new EV.

Just my view point as an old man who has been around to see most of it. If you think there is no hope, then you have to go and make your own. It is possible.

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