A WONDERFUL ride has come to an end. For several decades after World War II the economic statistics we care most about all rose together here in America as if they were tightly coupled. G.D.P. grew, and so did productivity — our ability to get more output from each worker. At the same time, we created millions of jobs, and many of these were the kinds of jobs that allowed the average American worker, who didn’t (and still doesn’t) have a college degree, to enjoy a high and rising standard of living.
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