Dear Steven. Do you know what economics consists of? Differences in cherrypicking measurements of capital and consumption. LIFE was better right up until we squandered the dividend, immigrated the underclasses, and converted to industrialization of hate of western civ in 08.
Source date (UTC): 2019-07-06 22:19:25 UTC
Original post: https://twitter.com/i/web/status/1147631160119480320
Reply addressees: @sapinker
Replying to: https://twitter.com/i/web/status/1147201553977237504
IN REPLY TO:
@sapinker
Populists claim it was better in the 70s, but “the best explanation for the good old days is a bad memory.” I was there: 2-digit inflation + unemployment; gas lines; shortages of sugar, coffee, meat. Unskilled wages bought *much* less. https://t.co/YZg07bdIeJ #HumanProgressData
Original post: https://twitter.com/i/web/status/1147201553977237504
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