PinnedArt ShipmanWages were squeezed in the “good” years after WWII“debt leaves less discretionary income within the firm, thereby putting the squeeze on labor’s share” — Thomas PalleyMar 29Mar 29
Art ShipmanTrump and the Biden inflationOn this graph, blue shows the interest rate that is set by the Federal Reserve and tan shows the rate of CPI inflation:Aug 23Aug 23
Art ShipmanAverage Annual Real GDP Growth Since 1948Long-term slowing of economic growth is indistinguishable from the decline of civilization.Apr 16Apr 16
Art ShipmanWhat were they trying to say?… somebody on Morning Joe said Biden — or the Dems, maybe — had been doing 9.9% better in elections than in the polling.Apr 3Apr 3