The answer is a resounding NO, says economist Jeremy Horpedahl, who uses basic data to counter doomer narratives from the right and left about the state of America.
It ain't that bad, Exhibit 2,341. Reminds me of Pinker's "everything is getting better, actually" writings. To me, the bigger story here is how much we DON'T want to hear that things are fine. All the incentives nowadays are for gloom, doom, and victimhood. We're all turning into Trump kvetching about windmills at a debate. Consider this: We've all had an Uber driver who was, like, a doctor in his home country. Can you imagine any doctor in America leaving the US to go drive a taxi somewhere else? Of course not. Decent sign that we're doing *something* right here.
It ain't that bad, Exhibit 2,341. Reminds me of Pinker's "everything is getting better, actually" writings. To me, the bigger story here is how much we DON'T want to hear that things are fine. All the incentives nowadays are for gloom, doom, and victimhood. We're all turning into Trump kvetching about windmills at a debate. Consider this: We've all had an Uber driver who was, like, a doctor in his home country. Can you imagine any doctor in America leaving the US to go drive a taxi somewhere else? Of course not. Decent sign that we're doing *something* right here.
He who has studied under Veronique de Rugy at GMU's Mercatus Center is likely worth listening when it comes to economics. This will be a good listen!