K-shape recovery was a niche argument? What world do these neoliberals live in? Even 'Nobel' Prize winning neo-Keynesians like Stiglitz were saying it.

[–] Runcible@hexbear.net 27 points 4 months ago

perhaps you don't recall the prevailing theory of Bidenomics where everything was great and we were just complaining because we hate how good Dems are at everything and/or have unrealistic expectations

[–] chgxvjh@hexbear.net 9 points 4 months ago

Avoiding it? The FED adjusted interest rates to crush the strong position workers had for like half a year after the lockdowns were lifted.

[–] invo_rt@hexbear.net 7 points 4 months ago

Yeah it's been like a decade since that Piketty book Capital in the 21st Century dropped. It was such a hot seller you literally couldn't find it in stores when it came out.