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Old 10-12-2021, 07:28 PM
Chicks Chicks is offline
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Join Date: Mar 2017
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The GOP’s ideology doesn’t match economic reality. Just ask one of this year’s Nobel Prize winners.

https://www.washingtonpost.com/opini...prize-winners/

Quote:
Republicans have been openly attempting to prevent the decline of white power in the face of massive demographic changes. To put it bluntly, a great many of them do not like immigration much — legal or otherwise. Naturally, they then insist that bringing in more immigrants makes native-born workers worse off. But that’s not necessarily true.

Likewise, Republicans have traditionally opposed hikes in the minimum wage, insisting that would raise unemployment. But that may not be how it plays out in the real world either.

Exposing these economic myths was essentially the contribution of one of this year’s three winners of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (colloquially, the Nobel Prize in economics). David Card of the University of California, Berkeley, actually looked at data. (All three Nobel winners worked in the field of “natural experiments,” looking at real-world examples to inform their findings.) It turns out the ideological agenda of the GOP does not hold up all that well to scrutiny.
One doesn't need to be a Nobel Prize-winning economist to know that the Repube economic policies are based on nothing but hate.
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