Sunday thought: It's Still Capital vs. Labor, Stupid

But the gap continues to widen, and it's now on the verge of exploding

Friends,

It’s impossible to understand American politics without also understanding the American economy (and vice versa). Politics and economics may be different disciplines, but they’re two sides of the same coin.

This came home to me again when I saw Thursday’s report on the U.S. gross domestic product.

Numbers can be pretty boring, but bear with me. …