Happy 4th of July!

Happy 4th 🇺🇸 🇺🇸 🇺🇸

On America’s birthday, I think it is important to remember that the American dream is not dead. Far too many people in politics try to convince you that America is in decline, it’s not. Now, of course, not every facet of our economic life is improving. College tuition has risen a lot, and so have rents in some big metro areas. However, Timothy Lee over at Full Stack Economics explains that even in problem sectors like health care, housing, and education, the situation isn’t as grim as pessimists claim. And there are many other areas of economic life where we are unambiguously better off than our parents…

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