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What History Tells Us About the Feel-Bad Economy (www.nytimes.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] SpaceNoodle 0 points 1 year ago

Surprisingly braindead take from Krugman. Real wages aren't up that much, and everything, especially housing, is significantly more expensive now than a few years ago. Interest rates going up just makes it worse.