Americans, they said, just don’t want to work. Socialism has made them lazy. They’d rather play video games. They don’t have the skills required by a 21st-century economy. High unem...
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Americans, they said, just don’t want to work. Socialism has made them lazy. They’d rather play video games. They don’t have the skills required by a 21st-century economy. High unemployment is “structural” and can’t be solved with monetary and fiscal stimulus.
All of these stories received wide circulation during the long employment slump that followed the 2008 financial crisis and again in the aftermath of the pandemic recession. They were pushed by billionaires, captains of industry and prominent economists.
