Earlier quoted context omitted.
Those are all expensive because of artificial barriers meant to keep their prices high. Go to any Asian country and houses, healthcare and cars are priced like commodities, not luxuries. Tech and AI have taken off in the US partially because they’re in the domain of software, which hasnt bee regulated to the point of deliberate inefficiency like other industries in the US.
If we had less regulation of insurance companies, do you think they’d be cheaper? (I pick this example because our regulation of insurance companies has (unintuitively) incentivized them to pay more for care. So it’s an example of poor regulation imo)
Stuff like this isn't Wall Street or Billionaires or whatever bogeyman - it's our neighbors: https://bendyimby.com/2024/04/16/the-hearing-and-the-housing...