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The Internet Has Been a Colossal Economic Disappointment
- sharemywin 11y agoIf you look at the internet and other modern technical achievements as a world wide phenomenon. Global gdp growth has been humming along at 4-5% since the 1950s.
- api 11y agoMore blaming of the Internet for something that's been in progress since the 1970s. We shifted from progressive to regressive (e.g. sales and employment) taxes, cut taxes on the top 1%, and moved toward a financial and service economy.