“The truth is that if you step back from the headlines about the latest gadget, it becomes obvious that we’ve made much less progress since 1970 — and experienced much less alteration in the fundamentals of life — than almost anyone expected. Why?” - Paul Krugman
Do you agree? I half agree, but for reasons I will explain tomorrow. Curious to hear from you first. :)
The US flourished after WW!! but since 1970, our actual economic growth has slowed and become sluggish.