The survey referenced in this article by Dennis the Peasant goes a long way toward explaining why every city, state, and country run by progressives is an economic shamble. This is what Progressives actually believe:
- —67% of self-described Progressives believe that restrictions on housing development (i.e., regulations that reduce the supply of housing) do not make housing less affordable.
- —51% believe that mandatory licensing of professionals (i.e., reducing the supply of professionals) doesn’t increase the cost of professional services.
- —Perhaps most amazing, 79% of self-described Progressive believe that rent control (i.e., price controls) does not lead to housing shortages.
The Democrat Party is run by delusional Progressives who really don’t believe that economics involves hard choices. They simply pretend that their desires can be enacted without any negative consequences; the Government can give everybody a mortgage even if they can’t pay it, the government can insure 30,000,000 more people and health care will get cheaper and better; we can ban oil drilling and still have all the energy we need from windmills, we can impose massive energy taxes without driving employers out of business and so on.
Out of power, these delusions are amusing. In power, they are dangerous. Check with Greece and California on that one.