Krugman Needs To Consider Microeconomic Factors Before Claiming “No Trickle”
Paul Krugman published an article today that consisted of 3 sentences and a chart entitled “No Trickle” that he presents as evidence that company profits do not trickle down to employees. However, he fails to examine the potential microeconomic reasons for the short-term data he presents. The chart he references is the following (pardon the …
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