Rising U.S. Debt Is The Real Cause of the U.S. Trade Deficit and Inequality

With Labor Day recently having passed, we got the usual round of stories decrying U.S. inequality, and blaming the decline of unions, the advance of technology, and/or the export of jobs to low wage countries for the fact that the average wage continues to lag behind inflation, as it has for decades. Meanwhile, the U.S. … Continue reading Rising U.S. Debt Is The Real Cause of the U.S. Trade Deficit and Inequality