September 28, 2006

Economic Perspectives from Megan McArdle and Glenn Reynolds

Filed under: Economy, MSM Biz/Other Bias — TBlumer @ 7:54 am

So I will concur with Democratic economists to the extent that in many cases, Joe Average does not feel better off than he would be in 1970. But I disagree that this reflects reality. If Joe Average actually had to go back and live in 1973, he’d suddenly feel a lot worse off . . . even if we let him take his VCR and cell phone.

Hat-Tippee Instapundit’s response:

MEGAN MCARDLE says that things are getting better for working people in lots of measurable ways.

And people will start measuring them, as soon as there’s a Democrat in the White House.

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Economic Perspectives from Megan McArdle and Glenn Reynolds

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