Yes and no. And I see what you did there — you changed my argument. I really wish you’d be a little more honest in your interactions.
Last chance, Ron. You can question my views all you like, but the next time you behave like a petulant child and question my integrity, we’re done. I never write anything — ANYTHING — with an intent to misdirect or mislead. EVER. And if you think I do, the problem is you.
The causality is between low taxes on the top earners, which causes deficits, which conservatives use as a convenient excuse to slash services, which then costs the working class additional money, which decreases demand, stunts growth and weakens the employment market, which artificially reduces wages.
Please provide some examples of conservatives “slashing” services that you are referring to.
Your red herring of inflation isn’t anywhere in there, because inflation year over year has remained relatively controlled.
Well, there you go again misunderstanding the point.
Point is that there has been an increase over the years in the ratio between wage and cost in some very important areas. For example, the median home in the US, in 1965, cost 2.9x the median household income. Today, that ratio is around around 4x. We can also show that same sort of increase between median household income and median cost of a college education, to pick another example.