What fact has been misrepresented?
with their 'keep your full paycheck and watch prices come done' load of crapola.
The fact that you are unable to get your mind wrapped around something does not make it "crapola".
The fact that Dr. Jorgenson, the source of that misrepresentation, has explained that prices could only fall 23% if wages were cut, says it is a load of crapola. Leaving out the fact that all these analysis assume you have to take a wage cut is misleading at best.