That's what they tell us. I dunno, Reagan happened while i was graduating high school. So i can verify the last 60 years from lived experience, i have to take the before-times on faith. But i suspect a world without Ronald Reagan might have been a better world.
Unfortunately just living through a period gives very little insight into what is actually happening - you have got to step backwards and look at the numbers
Haven't some of us been saying that for quite some time ? Technology [“progress”] does what politics allows/wants it to do ? But thank you for a very good image (engine/road). I'm glad I subscribed to your substack, albeit late in the game.
We all used to get a share of the pie
As productivity increased so did wages
Then Reagan (and Thatcher) broke that link and the 0.1% (who had damn all to do with the improvements) pocketted the increased wealth
That's what they tell us. I dunno, Reagan happened while i was graduating high school. So i can verify the last 60 years from lived experience, i have to take the before-times on faith. But i suspect a world without Ronald Reagan might have been a better world.
https://www.epi.org/productivity-pay-gap/#:~:text=Starting%20in%20the%20late
Unfortunately just living through a period gives very little insight into what is actually happening - you have got to step backwards and look at the numbers
Haven't some of us been saying that for quite some time ? Technology [“progress”] does what politics allows/wants it to do ? But thank you for a very good image (engine/road). I'm glad I subscribed to your substack, albeit late in the game.
Welcome to the party! I'm not always right, but i'm always curious. Let's find out what happens next, together.