Economists' blogs

The Silent Revolution in American EconomicsI don’t think...

The Silent Revolution in American EconomicsI don’t think you’re expecting what I’m about to say, because I have never seen anything like this in fifty years in politics.For decades I’ve been sounding an alarm about how our economy has become increasingly rigged for the rich. I’ve watched it get worse under both Republicans and Democrats, but what President Biden has done in his first term gives me hope I haven’t felt in years. It’s a complete sea change.

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