Globalization and technological change both reduced demand for low-skilled US workers (their products are made overseas or by machines), and because the US K-12 school system is mediocre and has not responded vigorously to prepare strugglers for college, this is part of the inequality problem—yet because most of the period shows little inequality increase, globalization and immigration are not the threats to living standards that some claim, especially since their pace intensified precisely when inequality was not rising.

causalpending

Speaker

Bruce Meyer

Evidence Quote

it's the late seventies early eighties where there was a sharp increase in inequality not in the last 20 years certainly when if anything the pace of globalization immigration gotten more intense

Source

Bruce Meyer on the Middle Class, Poverty, and Inequality 10/03/2011EconTalk
Created: 6/15/2026, 9:20:26 AM

My Notes

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