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Like the quote in the beginning says, growth is good, but only when it improves the life of the people.
by k__ 5y ago
Like the quote in the beginning says, growth is good, but only when it improves the life of the people.
- andi999 5y agoAnd didn't get the life of the people improved? Maybe the US is an exception but on a global scale globalization lifted a lot of people out of poverty. (need to look at data for the US though, but still if you compare life of a worker at Steinbecks 'grapes of wrath' time to today's workers, today is still better, isn't it) I found: https://fred.stlouisfed.org/series/MEHOINUSA672N https://fred.stlouisfed.org/series/MEHOINUSA672N If anybody has better data (and I care about normal people and poor, and do not worry that the rich get richer)