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Notices tagged with econusa, page 2
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Okay, that was definitely worth reading. Adding the !econusa bangtag, so anyone interested in the US economy (group members) can see it.
https://themargins.substack.com/p/doordash-and-pizza-arbitrage
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https://en.wikipedia.org/wiki/Smoot%E2%80%93Hawley_Tariff_Act !econusa
The Smoot-Hawley Tariff Act of 1930 is widely believed to have worsened and lengthened the Great Depression.
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@bthall@bikeshed.party sent me this: https://nitter.net/DorsaAmir/status/1246077693889851392#m !econusa
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Economic rationale for strong action against #COVID-19 https://www.statnews.com/2020/03/18/economic-rationale-strong-action-now-against-coronavirus/ [www statnews com]
#EconUSA #2019-nCoV #SARS-CoV-2 #coronavirus
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https://www.politico.com/story/2018/12/03/this-day-in-politics-december-3-1027800 [politico] The breakup of Standard Oil was an event of historic national significance. I wish today's #pollies would grapple with big corporations and their lawyers and lobbyists to bust up some monopolies, oligopolies, monopsonies, oligopsonies. I think the US economy would benefit. !econusa
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@1iceloops123 > i don’t want to work for money either
Working in order to take care of yourself and supply the things you need is a good thing. Economists tell us that people’s wants are unlimited, but the resources to fulfill those wants are not.
The issues in the US are mostly related to pay scales not keeping up with living costs. In 1980, minimum wage was around $3/hour, the median income was almost $18,000/year, and a new home cost about $75,000. Now, federal minimum wage is still only $7.25/hour, the median income is about $65,000/year, and the average home costs almost $245,000. And of course, certain corporate leaders are paid at rates so high that they make no sense at all.
http://www.1980sflashback.com/1980/economy.asp
https://www.zillow.com/home-values/
https://www2.census.gov/programs-surveys/demo/tables/p60/266/tableA1.xls
!econusa
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US Census Bureau: US median household income was $63,179 in 2018, little changed from 2017. https://nu.federati.net/url/245367
#econusa #census