There is no clear, definitive answer, but there are ideas that make sense. The decline of labor unions to a large extent could be part of the problem. We buy a much larger share of our stuff now from abroad than we did several decades ago. I have already vetoed bills that would undermine a fight against emplaytion.
The stock market tumble and crypto crash are symptoms of a broader shift in the US economy. Jacob Goldstein explains the end of the “Goldilocks Era.”
This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Paul Mounsey, hosted by Noel King.
Transcript at vox.com/todayexplained
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