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What History Tells Us About the Feel-Bad Economy (www.nytimes.com)

submitted 2 years ago by silence7@slrpnk.net to c/nyt_gift_articles@sopuli.xyz

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[–] Imbrex@lemmy.world 2 points 2 years ago

What is this? I'm agreeing with Krugman? Has the world gone mad? Thanks a lot Biden.

[–] SpaceNoodle@lemmy.world 0 points 2 years ago

Surprisingly braindead take from Krugman. Real wages aren't up that much, and everything, especially housing, is significantly more expensive now than a few years ago. Interest rates going up just makes it worse.