Manufacturing’s Death Has Been Exaggerated
While it is true that factory jobs have fallen by approximately seven million since 1979, manufacturing output has climbed more than one-fifth since 2006.
While it is true that factory jobs have fallen by approximately seven million since 1979, manufacturing output has climbed more than one-fifth since 2006.
Trump’s trade war is not about about being patriotic or protecting American businesses. It is about politics and bad economics.
The poor are certainly poor compared to the rich. But they have more than the middle class of just one generation ago.
The two most powerful motivations in human history have always been ideology and economic interest.
Social Security was a revolution that shifted the responsibility for income maintenance from the private to the public sector.
The Colorado constitution mandates voter approval of tax increases, and controls spending growth. If only we had something similar for the feds.
The US is often criticized for supposedly offering a lower quality of life than Europe. But far more Europeans migrate to the US than the other way around.