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This exactly. The U.S. economy doesn’t exist in a competition-free vacuum. This “solution” would hurt those at the left side of the income/wealth distribution t
by xibalba 5y ago
This exactly. The U.S. economy doesn’t exist in a competition-free vacuum. This “solution” would hurt those at the left side of the income/wealth distribution the most, but would hurt all of the U.S. to some degree.
- dragonwriter 5y agoOr they have looked at charts like this, understand why the US is to the right but have no reason to think (and plenty of domestic research on per-working-hour productivity to support) that the factors that create the overall trend line apply to the US: https://ourworldindata.org/grapher/productivity-vs-annual-hours-worked https://ourworldindata.org/grapher/productivity-vs-annual-ho...