Long-term economic growth in America is strong – but only a few are reaping the benefits

The notion that American economic growth has slowed over the past 30 years is a hardy myth – but Kevin Drum does his level best to puncture it in The Myth of Slow Growth:

The past 30 years simply haven’t been a low-growth period. In fact, economic growth has been about the same as it was in the 30 years before that. Our problem isn’t growth, our problem is that the returns to growth have increasingly been skewed in favor of the very rich.

blog_per_capita_gdp

More here »

  • Leave a Reply

Your email address will not be published. Required fields are marked *

More To Read

March 24, 2023

Women’s Labor is Women’s History 

To understand women's history, we must learn the role of women - and especially women of color - in the labor movement 

March 24, 2023

Victory! Washington Takes a Critical Step Towards Balancing our Tax Code

Washington state supreme court upholds the capital gains tax

February 15, 2023

Podcast: Getting to Lower Health Care Costs in Washington

EOI's Sam Hatzenbeler joins Washington's Indivisible Podcast to discuss our state's health care costs crisis and what the legislature can do to solve it