The Red-Green Bird, etc.

Brad De Long delong at econ.Berkeley.EDU
Tue Sep 29 14:36:30 PDT 1998

>Incidentally, re a remark someone made about "new age bosses." It was
>California's former governor Jerry Brown, now mayor-elect of Oakland, who
>told state employees that they couldn't have any wage raises in this "era of
>lowered expectations",* but they would get a "raise in psychic income."
>Tom Condit
>* Does anyone know if Brown originated this phrase?

I think it's Paul Krugman's phrase: The Age of Diminished Expectations.

As to the previous paragraph, *sigh*...

Brad DeLong

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