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arthur_affect's profile
Arthur Chu
Arthur Chu
Arthur Chu
Verified account
@arthur_affect

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Arthur ChuVerified account

@arthur_affect

Mad genius, comedian, actor, and freelance voiceover artist broadcasting from the distant shores of Lake Erie (he/him)

Broadview Heights, Ohio
arthur-chu.com
Joined August 2009

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    1. Punished Singularity‏ @MuddledFire 13 Jun 2020

      Punished Singularity Retweeted Arthur Chu

      brb gonna make a graph about nuclear weapons testing and productivity tracking wages.https://twitter.com/arthur_affect/status/1271729947984322560 …

      Punished Singularity added,

      Arthur ChuVerified account @arthur_affect
      Like that was what the post-WWII low-Gini coefficient American Dream New Deal/Great Society 1950s-70s Bernie Sanders era was High prices due to monopolistic competition, a price floor "propped up" by Big Business being in bed with Big Labor Because high prices = high wages
      Show this thread
      1 reply 0 retweets 2 likes
      Arthur Chu‏Verified account @arthur_affect 13 Jun 2020
      Replying to @MuddledFire

      Okay so what's your alternative take The corporate raiders from the 80s were right and we really did need to trim all the bloat and the fat in the US economy, but these wealth gains to the consumer mysteriously just didn't propagate the way they should've?

      3:46 AM - 13 Jun 2020
      2 replies 0 retweets 0 likes
        1. New conversation
        2. Punished Singularity‏ @MuddledFire 13 Jun 2020
          Replying to @arthur_affect

          There's a lot of reasons why wealth gains to the consumer didn't propagate the way they should've, largely owing to several recession, a decline in trade union membership, zero hour contracts and the gig economy, knock on effect of growing wealth inequality, etc.

          1 reply 0 retweets 1 like
        3. Arthur Chu‏Verified account @arthur_affect 13 Jun 2020
          Replying to @MuddledFire

          The decline in trade union membership was an inherent and explicit goal of the attacks on "bloat" Come on this is obvious and well known shit

          1 reply 0 retweets 0 likes
        4. Show replies

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