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View Diary: Krugman: "The Competition Myth" (292 comments)

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  •  When the cost of housing (3+ / 0-)
    Recommended by:
    irmaly, drewfromct, Jimdotz

    finally catches up with the lowered American wages, we will be become more "competitive".
    Housing prices still have a ways to go in most areas.

    The cost of housing had turned us into slaves but at the same time made us very expensive to employ.

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