Use value vs exchange value -
Similar to the fact that many U S sports franchises lose money at the gate, but the owner after say a decade if ownership, sells a team that loses money every year for a fabulous profit.

Because of the rise of BLM it blindsided these rightwing fools who have a handle on mainstream media propaganda does not mean they will be supported by many.

Seattle already is declined. We have a vast increase of homelessness and poverty due to the installation of mega wealthy corporations in this city. You know corporate capitalism. You named some solutions which could include the green new deal which would turn this around for people on the bottom. We have to fight for this or it will not happen and we have to keep on fighting. Thanks for your article.

Your closing paragraph illustrates a fundamental misunderstanding of the "Right" idealogy. The "Left," or Statist position you hold is clouding your judgment by viewing "Right," or Free-Market ideals through Statist lenses. From the viewpoint of liberty-minded thinkers, you cannot "policy" your way out of problems as the Statist might suggest. Instead, you allow the free-market to work without overbearing policy. Laissez-faire.

The so-called 'good times' weren't really so good.
There are a lot of different metrics you can use as proxy for quality-of-life and none of them work well.
Not total employment or population growth or unemployment rate or average wages or rents or vacancy rate or real-estate valuation or education level or mortality, none of them.
Is the Seattle of the past decade going to spark a golden era of art, cinema, theater, literature and music?
Where the fuck is it?

Oops, Charles. The left are the wealthiest in Seattle.

Irrational exhuberance is refusing to lower rents in a city that honestly believes 500 sq/ft is worth $2500/ month. You can't make money on something you can't sell, it's irrational to believe otherwise.

The rich got it all, and everyone else got screwed.

It’s not hard to explain.

"Sometimes the corporations won, such as when the council repealed the head tax in 2018."

Down the Memory Hole go the ~47,000 signatures, collected in just a few weeks, which Mayor Durkan used to force repeal of the EHT. It was perhaps the first time ever a successful signature-gathering campaign ended before the deadline.

Oh, and remember how many times we were told the EHT was necessary, or homelessness would get worse?

"Compared to 2018, the number of individuals experiencing homelessness in Seattle/King County decreased by 8%. The unsheltered population decreased from 52% of the population in 2018 to 47% of the population in 2019."

(http://allhomekc.org/wp-content/uploads/2019/07/Updated-7.11-King-County-Report.pdf)

I blame the wealthy publisher of this "newspaper."

@4,

I watched your video. The thesis of which is that black people are suffering from a couple decades of Democratic Party (sorry, "democrat" party; at least she recognizes the importance of branding) rule of their cities, rather than a couple centuries worth of institutionalized and deeply entrenched racism. Also, she doesn't live in Baltimore City, but has pledged to move there, if elected. So I indulged you, now read this, written by a born and raised, and current resident of that city.

https://www.theatlantic.com/magazine/archive/2014/06/the-case-for-reparations/361631/

I'll concede that it's insanely long, but at least consider the thesis of it. "Two hundred fifty years of slavery. Ninety years of Jim Crow. Sixty years of separate but equal. Thirty-five years of racist housing policy. Until we reckon with our compounding moral debts, America will never be whole."

Finally, Klacik is running for the seat of the recently deceased icon Elijah Cummings and currently trailing by 50 points in the race.

Oof.

How about "empathize," "consider," "discuss," and "persuade" rather than simply "blame." I'll admit, though: blaming is a lot easier.

I don't blame the wealthy or the left. I blame Charles.

I do blame the left, that what makes up our state. It was Seattle’s city council who decided to defund the police making things more dangerous for businesses especially small businesses who lose more from theft. Democratic Party doesn’t work for the poor, we can’t give if we don’t have for ourselves when you drive our jobs away! Even if real estate goes down you still can’t afford it if your job is unstable if businesses move or close because they can’t afford to stay here. Socialism isn’t a good thing look at North Korea, and China for examples of how citizens do.

The documentary "Inequality for All" on Netflix should be required watching for every US citizen. It paints a dismal picture of the future of our democracy. Vote, people. The Democrats aren't perfect but they are better than the Mental Illness that is the GOP.

@17 The police has not been defunded yet.

“these problems will only worsen if the right wins the day, which will likely be the case.”

Why, because of a few articles citing people who don’t live in the city? If anything, it’s more likely Durkan will be replaced by someone to her left in 2021.

I fucking love Charles because he is so fucking high on Socialism that he actually believes this shit.
You think Seattle is bad now? And by bad I mean successfull? Just fucking wait commies

@1 pat L, @2 Ivy R. Nightscales, @5 kallipugos, @8 Original Andrew, and @18 randommonkey for the WIN.

@14: Jesus, Muffy--get fitted for a nose cone already!

@16 & @19: Hush, lil MAGAs. Trumpty Dumpty and its ilk are laughing their asses off at your lame attempts to protect your free dumbs.

Seattle will do much better than average over the next decade. It will continue to be one of the most popular cities in the United States, as employment growth greatly exceeds that of other cities. The only cities that are in the same league are either bigger (New York, Chicago) or similar tech cities (San Fransisco, San Jose, Boston, Raleigh). Unless the UW moves, Seattle will be fine.

Everett, on the other hand, is screwed. They are too far away from the Bellevue/Seattle tech boom and way too dependent on Boeing. They won't be like Detroit, mind you. They will muddle along, as they have already built a relatively strong core (something they lacked twenty years ago). This will serve them well, as they will have a few jobs in that core, along with some retirees deciding it is affordable, pretty close to Seattle, and just enough of a soul.

Renton will be somewhere in the middle. It may increasingly become a bedroom community for East Side/Seattle tech workers.

Fact Check:
This article claims BLM vandalized the Chris Cornell statue however it was done by an individual and not surrounding any groups or protests.

Why are you lying about BLM???

https://www.google.com/amp/s/www.seattlepi.com/local/seattlenews/amp/chris-cornell-statue-vandalized-at-mopop-seattle-15510449.php

You may blame the rich, but they will not suffer the consequences.

@30:

That's what guillotines are for...

In a perfect world, downtown Seattle would host a skyscraper devoted to affordable housing instead of yet another luxury condo that remains at 30% occupancy.

@36: That's why there's still a big hole occupying the entire city block above the Pioneer Square tunnel station. The city owns that site, and supposedly will have affordable housing built there, but no one wants to build a residential building adjacent to Pioneer Square's filth and garbage. The city should just sell the land for an office/hotel complex, and use the proceeds to build affordable housing where people actually want to live (hint: not near Pioneer Square's filth and garbage). But sentiments like yours keep it a hole in the ground. Congratulations, you're part of the problem, not part of the solution.

@24: You're the one signing in as Downfall. I'd go easy on the concern-trolling if I were you.

Charles, is the right here in the room right now? Are they under the bed?

17 and 19 forgot their /s tags

Ah, I see that the presidents poll numbers are up, what’s going on in the news lately. Hmm, Bunch of minorities keep ending up dead in Texas and cops Just shooting unarmed black dudes dropping their kids off. Promises made, promises kept?

@36 Your snarky disdain for a lower income neighborhood is pretty obnoxious dude. And I'm sure many people would prefer living in affordable housing in Pioneer Square than sleeping on the streets, in cars, or having to commute every day from Lynnwood, Kent etc.

@45: Nice non-response you've got there, pal. Now try arguing with any of the facts I stated. In addition to those facts, consider also: there are no grocery stores or public schools anywhere near the site in question. I'm sure those every last one of those people you mentioned would rather have affordable housing with schools, stores, and clean parks nearby than the non-housing they now enjoy at that hole in the ground.

Please stop being part of the problem, and start being part of real solutions.

It's like the resource curse really - in a "driving a clown car into a gold mine" moment, some leftists are lucky to have power base in the same town where e.g. Amazon is founded. They waste and squander money until oil prices drop/businesses threaten to leave town. Then they blame someone else for their abject failure to govern. Like Maduro, like Sawant.

Really SCC is not much different from trump administration in this regard.
I moved to Seattle pro-tax and left-leaning, but the consistent sheer incompetence and occasional malice from SCC means I no longer want to give them a cent of extra money to waste unless it's for a specific purpose like ST3.

So, nice try... so far, I just watch the idiots suffer thru their own stupidity, and laugh (this is a Russian thing - respect my unique immigrant culture or you're a fascist lol) . If you leftists manage to run the place into the ground despite all the prosperity capitalism bring, I'm gonna blame the left and take my ample tax money and disposable spending elsewhere.