Backbone Quote by Chrystia Freeland

People at the very top of the income scale also benefited from globalization and automation. But the income of working- and middle-class people in…

— Moshe Vardi

The economy is like a machine.

— Ray Dalio

The hollowing out of the middle class. That's not just about capitalism or the structure of taxation. That is also about the fundamental truth…

— Chrystia Freeland

The size of the U.S. middle class has been shrinking. Wages have been stagnant. We don't have those factory jobs that paid a living…

— Philip Kotler

Without new economies, our old economies get our jobs taken from them because everyone else has figured out how to do it.

— Neil deGrasse Tyson

Most work in macroeconomics in the past 30 years has been useless at best and harmful at worst.

— Paul Krugman

For 40 years, the American middle class has been disappearing. Millions of people are working longer hours for lower wages despite a huge increase…

— Lindsey Graham

Shipping middle-class jobs to China, or hollowing them out with machines, is a win for smart managers and their shareholders. We call the result…

— Chrystia Freeland

There's no such thing as the middle class. It's absolutely vanishing.

— Marc Andreessen

The bottom line is that while automation is eliminating many jobs in the economy that were once done by people, there is no sign…

— Moshe Vardi

Automation provides us with wondrous increases of production and information, but does it tell us what to do with the men the machines displace?…

— Robert Kennedy

No economy can continue to function when the vast middle class and everybody else don't have enough purchasing power to buy what the economy…

— Robert Reich