Quotation of the Day…
Tweet … is from page 130 of Norbert Michel’s superb and data-rich 2025 book, Crushing Capitalism: How Populist Policies are Threatening the American Dream: Regardless of the politics, the evidence simply does not connect widespread economic difficulties to “trade with China” or competition with “cheap labor.” The evidence also fails to support the widely repeated claim that the typical American worker’s real wages have not budged in decades. Although there is no single “right” way to measure income […]