Anonymous
Anonymous asked in Social ScienceEconomics · 1 month ago

what u.s policies in the past contributed to the current economic situation of high cost of living and delayed marriage amongst younger ones?

Update:

back then a factory job could support family of 4 

Update 2:

nowadays, a factory job can barely support oneself 

1 Answer

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  • Oiy
    Lv 6
    1 month ago

    I would go for QE. It has pushed the real wages down, but the productivity upward. The guys who get the money for almost free can use it for research and development, or replace labors with machines. And they can take the profits for themselves.

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