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Angry Bear (0) 
1 month ago

I try to like the NYTimes Economics Reporting. I really do. Heck, any place that publishes Uwe Reinhardt can't be all bad.But David Leonhardt, as he does often enough that I hesitate to read his work, again goes beyond the pale today, and clearly does so deliberately. The offending paragraph:Twenty-two months after the start of the mid-1970s recession, real weekly pay was down 7 percent. For the early 1980s recession, the decline was 4 percent. Today, thanks to moderate pay growth and...

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tags:  asymmetrical information, wages, jourmalism, solvency crisis, recessions
 
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