People misunderstood my point about government and growth so I deleted the tweet. My fault. Let me try again. I meet many young people (and some older ones) who believe the only thing capitalism and private enterprise do is exploit people and make them poorer.
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Yes. That's also nice. But if the idea is that that justifies stagnant incomes for 40 years, then I'm going to have to disagree.
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Incomes have not been stagnant for 40 years. That chart embodies a particular set of pessimistic assumptions and framing. Lots of other work shows otherwise.
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This is also not a great example in this particular context since improvements in cancer survival rates are mostly because of government rather than despite it.
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