Why “Affordability” Is the Wrong Word for This Crisis

How the affordability crisis turned democratic failure into a technical problem.

What is the affordability crisis? The language alone — “affordability” — implies consumers looking to buy basic goods, food, housing, and health care. This is obviously true, but the framing the liberal class uses on this issue is conveniently narrow. Focusing on affordability implies this is simply a prices problem. It allows technocrats to propose sol…