The Ralph and Alice Kramden Standard of Living Benchmark
Does capitalism work for the average person? Bernie Sanders and Alexandria Ocasio-Cortez say “no,” and call for socialist solutions. I can understand AOC’s perspective; she was born in 1989, and because schools have dispensed with history (along with cursive writing and analog clocks) her frame of reference is limited. But Bernie should know better.
“This is the first generation of Americans that can’t expect to live better than their parents” is a trope that I can recall hearing in …
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