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He should also use that re-record as a chance to put in more data to support his point. And flesh out his thinking. For instance, that bit about: > "If the t
by nooneelse 14y ago
He should also use that re-record as a chance to put in more data to support his point.
And flesh out his thinking. For instance, that bit about:
> "If the typical American family still got today the same share of income they earned in 1980, they would earn about 25% more and have an astounding $13,000 more a year. Where would the economy be if that were the case?"
I would love to see some stabs (pessimistic, median, and optimistic) at following out the economic effects of that question. What is a reasonable ratio of the $13k which would be put toward more spending, and how would that effect the demand seen by businesses, and thus the number of jobs supported?
- mchusma 14y agoI would also say any attempt to discuss causation would be great. It's very light on that, and doesn't address any of the huge macro issues to contend with.