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Kevin Drum responds to this argument here: http://motherjones.com/kevin-drum/2011/01/matt-yglesias http://motherjones.com/kevin-drum/2011/01/matt-yglesias Basi
by 100k 16y ago
Kevin Drum responds to this argument here: http://motherjones.com/kevin-drum/2011/01/matt-yglesias http://motherjones.com/kevin-drum/2011/01/matt-yglesias
Basically, here's arguing from deduction: increasing prosperity from productivity enhancements could have gone to workers, but their wages have remained flat while the top 0.1%'s have skyrocketed. The mechanism is unclear (he suggests the wealthy have manipulated government policy and smashed unions), but the action is not.