3min chapter

"Hexapodia" Is the Key Insight: by Noah Smith & Brad DeLong cover image

Hexapodia L: Why Is Such a Good Economy Seen as Bad?

"Hexapodia" Is the Key Insight: by Noah Smith & Brad DeLong

CHAPTER

The Rise of the Social Media Shouting Class

Donald Trump, through sheer luck alone, managed to get a high pressure economy and that indeed paid off for the incomes of real, alive people. And so there's, there's those things and the second thing is that real wages for everybody have, have started to go up over the last year over since inflation fell. This is strongly supportive, by the way, of the sticky, the sticky upward or sticky, just generally sticky,. Just nominal wages, sticky, nominal wages, it's like, it'slike, yeah, yeah, well, yeah, it's sticky. It's, wages don't want to change much.

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