That is fasinating. Why, if U.S. GNP grew by 55% (much more that populations growth), do people feel less better off today than 10 years ago ? Productivity also grew greatly during this time period.
There should not be any problem in our devoting a major portion of this 55% increase to universal health care coverage.
I espect the explanation is that the 55% increase went to just the most weathy and that wealth inequality in the U.S. just increased dramatically.
6:28 PM, January 09, 2010
[Image]Click to enlarge. From cinema-and-movie.com via Mad Latinist on Facebook.
"What's changed in the last decade?"
1 Comment -
That is fasinating. Why, if U.S. GNP grew by 55% (much more that populations growth), do people feel less better off today than 10 years ago ? Productivity also grew greatly during this time period.
There should not be any problem in our devoting a major portion of this 55% increase to universal health care coverage.
I espect the explanation is that the 55% increase went to just the most weathy and that wealth inequality in the U.S. just increased dramatically.
6:28 PM, January 09, 2010