Relevant and even prescient commentary on news, politics and the economy.

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SCOTT SUMNER II

…break in the growth of average US living standards around 1980. If you really want to break the post WW II experience into sub periods, the best performance of the…

Claiming a Golden Age

…in 2025 was just 181,000 (far fewer than the 1.46 million jobs added in 2024). That’s not a “roar.” It is a warning light for anyone living paycheck to paycheck. Take health care as an…