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by pjc50
461 days ago
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> happy with many of the fruits of globalization i.e. things from overseas > increase the price of the things that actually matter: housing, healthcare, childcare, and education. i.e. things that have large skilled labor inputs within the US and can't be exported, plus housing which half the population doesn't want to be cheaper. This is just "Baumol cost disease". The major component of healthcare, childcare, and education is the wages of other Americans. Let's not kid ourselves that the election was a fair comparison of economic policies. |
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