On Tue, May 6, 2008 at 12:56 PM, Louis Proyect <[EMAIL PROTECTED]> wrote: > http://www.truthdig.com/arts_culture/item/20080502_jeff_madrick_on_high_wire/ > Jeff Madrick on 'High Wire,' Peter Gosselin's Look at the Economic Meltdown > > That economy, despite cyclically painful periods, was so generous compared to > the > rest of the world over its 200-year history in terms of the rate at which it > expanded the typical American's standard of living that the country's > national character was formed by it.
Is this true for the "typical American" standard of living (as opposed to per-capita GDP)? Or is he, like so many others, being nostalgic about a golden age that never was? -raghu. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
