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>Yyou picked 1975, the trough of a recession, to compare with 2007,
>the fifth year of an expansion, so the unemployment comparison is
>bogus. In any case, no one claimed that U.S. living standards are
>going to hell. The claim, at least the way I'd make it, is that few
>of the benefits of rising productivity have gone to the working class
>- instead, we're working harder for little or no gains in real income.
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Thanks for the due diligence in replying to James dishonest posts.
With these kinds of discussions though, what might be most interesting is what is never mentioned.
I would be curious about James' personal experience and social position that leads him to see nothing but blue skies ahead. I assume that anyone who argues his position must at least be personally profiting from business as usual; so I'm curious James, statistics aside, what leads you to believe that life is so sweet and getting sweeter?
Joanna
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