Wouldn't we all love it if everyone was working, producing, contributing to society and the economy in some way? Imagine if everyone had an income from their contribution to the economy that paid sufficiently to provide them with shelter, food, healthcare, childcare, education and savings. Surely this would fuel consumer spending, the elimination of a big chunk of social welfare programs, tax receipts (possibly reducing tax rates and the size and complexity of government) and deficits and debt?

The US minimum wage is around $19,000 per year if you work 52 weeks per year, 50 hours (not 40) per week. Could YOU achieve the above on that income? Even with two incomes per household? Double? Triple? The average US rent is roughly $19,000 per year. Who pays for the additional funding needed to sustain living? Yes, you and I.

If you want to know what happens economically when more people are employed, simply look at the markets today decrying lower unemployment with equity prices falling and the threat of inflation with bond yields rising with the FED keeping rates higher for longer and maybe pushing them up to fend off hotter inflation? Now add in politicians. What could they argue/fight/divide? They might even go out of business, which we all know is highly profitable (many politicians make most of their fortunes by being politicians). And how do you 'win' in today's world? By being scandalous and divisive. Making big, bold statements to rally up your troops. Get the headlines and media attention. Distract from the big issues to retain power and the fiscal rewards that come along with that.

Sadly in our world, the real estate sphere, we are very reliant on 'normal' interest rates to allow people to buy homes. We are reliant on governments (local and federal) and industry to fuel sufficient housing supply, especially at prices people can afford (at all levels, not just the very poor). The FED has a mission statement desiring to RAISE unemployment to bring down inflation. When governments suggest policies that will fuel growth combined with reducing the labor force and tariffs, not to mention archaic, overly-complex and time-consuming construction regulation and approvals/inspection, higher inflation is almost a certainty. We should never forget that while employment matters in the inflation/interest rates world, the cost of housing accounts for around 40%.

Now we have to see how everything plays out. Will our leaders at the FED and in government actually do what is necessary to fuel housing, make things more affordable as promised (by all)? Will the desire and demand for (extreme) profits squash any chance of real solutions? 

Being righteous and ideological is always dangerous when it's at the expense of being practical and sensible. Demanding double digit profit growth annually is destructive and costly for the vast majority of people. That expense seems to always be picked up by you and I.