Plain English with Derek Thompson ABUNDANCE! With Ezra Klein
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Mar 17, 2025 
Ezra Klein, a New York Times columnist and co-author of 'Abundance,' dives into the contrasts between scarcity and abundance. He critiques the current administration's scarcity agenda impacting healthcare and housing, advocating for a mindset shift to foster economic growth. The conversation explores the synergy between urban innovation and housing policy, emphasizing their roles in shaping a hopeful future. Klein also discusses the Democratic Party's need for effective governance as it navigates challenges heading toward the 2024 election.
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Scarcity Mindset
- The Trump White House has used a scarcity mindset, citing shortages to justify sacrifices.
- This includes claiming America can't afford healthcare for the poor due to debt and restricting trade and immigration due to perceived shortages.
Tariffs and Housing Costs
- Trump's tariffs on Canada and Mexico increased the cost of lumber and drywall, essential for house construction.
- This demonstrates how a scarcity mindset can worsen problems, especially for young people struggling with housing affordability.
Democratic Scarcity
- Democratic-led cities often restrict housing, transit, and energy development through regulations.
- This creates another form of scarcity, driving up housing prices and homelessness in states like California.
