The American Economy Runs on (the Constant Threat of) Poverty

[Axtremus]

Ezra Klein’s op-ed:

https://www.nytimes.com/2021/06/13/opinion/stimulus-unemployment-republicans-poverty.html

…
The American economy runs on poverty, or at least the constant threat of it. Americans like their goods cheap and their services plentiful and the two of them, together, require a sprawling labor force willing to work tough jobs at crummy wages. On the right, the barest glimmer of worker power is treated as a policy emergency, and the whip of poverty, not the lure of higher wages, is the appropriate response.

But it’s not just the right. The financial press, the cable news squawkers and even many on the center-left greet news of labor shortages and price increases with an alarm they rarely bring to the ongoing agonies of poverty or low-wage toil.
…

[Mik]

Or one might say it runs on self-reliance.

[Copper]

Another nyt liar, lying more lies.