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The article pushes against that kind of solution: > But we should always be suspicious of complex, multi-factorial explanations for trend breaks on a chart. Th
by mcphage 1y ago
The article pushes against that kind of solution:
> But we should always be suspicious of complex, multi-factorial explanations for trend breaks on a chart. That wage stagnation started and ended suddenly enough that it cries out for a simple story. We just don’t have one yet.
Although I don't really understand that at all. It seems like simple singular solutions should be the ones we're suspicious of.