Samuelson’s useless economics
Good grief, the Nov. 21 column from Robert Samuelson, “Debunking the stagnation myth,” is pure propaganda. A simple Google search found the U.S. inflation calculator. Does Mr. Samuelson think readers to be idiots? Discussing income increases without mentioning inflation - and the actual purchasing power of said income increases, is worthless. While I am happy my annual income is more than it was in 2000, I’m also very aware of the decreased buying power of said income. What a ridiculous column by Mr. Samuelson that the Spokesman chose to print.
Heidi Peterson
Spokane