4 ms·
Why the economic fate of America's cities diverged: deregulation
- sportanova 11y agoThis article is worse than useless without taking into account the cost of living. Yeah, people in San Francisco + NYC make a lot more than people in Cedar Rapids - but it also costs a lot more. Take that into account, and then tell me if there's a big difference It would be much worse if people in NYC made the same income per capita as people in the midwest - even though it would be more "equal"
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- quesera 11y agoI completely disagree. I think your complaint is baseless and I'm glad I ignored your comment and went on to read the article. It's a failing of mine, but I will sometimes skip an article if the comments here are like yours, because truly some useless articles do appear. This isn't one of them. I'm confused by your dismissal, and more so by your reasoning.
- sportanova 11y agoHa ok.. care to actually challenge any of my points?
- quesera 11y agoI think the most confusing part for me is that wages and COL are correlated, obviously, but generally (and specifically in the cities mentioned in TFA), COL is driven by wages and not the other way around. So your objection seems to be conflating a follow-on effect with a cause, and dismissing the article because the author didn't address that effect when he was really interested in the cause (of COL and many other effects). Mostly I just wanted to encourage other people to go ahead and read the article. But since we have this thread to ourselves, there ya go. :)
- quesera 11y agoPS: much more interesting discussion at https://news.ycombinator.com/item?id=10647500 https://news.ycombinator.com/item?id=10647500. Why this post didn't take off where the next one did, I cannot speculate. :)