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Andreessen on the Cost of the American Dream
Marc Andreessen says housing, healthcare and education keep getting pricier while tech-touched goods collapse in price.
Key points
- Marc Andreessen says the American dream has basically three components: a house near great job opportunities, great health care for you and your family, and sending your kids to good schools.
- He says that over the last 25 years, everything technology touches basically collapses in price, including television sets, computer games, and anything with electronics in it.
- He says housing, education, and health care prices are skyrocketing, with the government restricting supply through zoning laws and university certifications and then subsidizing demand.
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Reaction on X: Most replies agree with the argument, with the top-voted comment extending it to say everything the government touches also goes down in quality without competition. Others question it by arguing that corporate lobbying and corruption, not capitalism, are to blame. One reply cites a 52" 4K TV at Walmart costing less than a week of groceries for a family of four, and another quotes Ronald Reagan. The original poster did not respond.
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