... "... may indirectly have contributed to the rise of real wages" (Robert Gordon), cited: http://www.theatlantic.com/politics/archive/2016/05/donald-trump-and-the-twilight-of-white-america/482655/ … ...
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Replying to @Outsideness
... So The Atlantic is saying the Left Populist case against capitalist stress is now, exactly, Trump's unchallenged political platform? ...
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Replying to @Outsideness
... What gargantuan anomaly of political incompetence is being registered here? ...
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Replying to @Outsideness
... Clinton is going to run against the Donald on a "suck up raw capitalism and love it bitches" platform? The other one looks to be taken.
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Replying to @Outsideness
It's hardly certain the bottom 80% are being ground due to capitalism vs. due to over-regulation.
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Replying to @Alrenous
Capitalism is always quite a bit more huggy than I'd want it to be.
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Replying to @Outsideness
http://www.nam.org/Data-and...Regulations/Federal-Regulation-Executive-Summary.pdf … Something like 21% of the average payroll is regulatory, not including deadweight losses.
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Replying to @Alrenous @Outsideness
It's not so much capitalism being huggy, it's workers will indeed adapt if it's not impossible due to gov eating all profit.
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Replying to @Alrenous @Outsideness
Total wages ~50% of total revenue, so 10%, and profit margins are usually approximately GDP growth.
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Replying to @Alrenous @Outsideness
That's a huge number of businesses that can't make money due to overhead, and thus don't exist.
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Democratic politics generally screens the Left from its horrendous counterfactuals.
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Replying to @Outsideness
Yes, your point about them apparently ceding this screen to Trump is well-made.
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