I'm in no way an expert, and only a wee bit learned on what it takes to understand this, but it looks very ugly. The author is neglecting many factors and leaping to conclusions, and much of this flies in the face of economic consensusOriginally Posted by Monty3038
I really don't wanna get into it because, well, I simply am not knowledgeable enough, but one example is that he's not accounting at all for real median income changes and wealth distribution alterations.
I could be wrong about this specifically, which is why I would defer to others I know who are qualified to give an analysis if I cared enough.
Besides, the conclusion of the article doesn't support your sentiments anyways.
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