This is kind of a big deal, no?
That horribly traumatic Growth Slowdown in the US may not actually exist (from Chad Jones)pic.twitter.com/Wc27dTnrNj
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Growth is not the issue. Distribution and inequality are. Growth is irrelevant if huge parts of society can't enjoy it.
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Do you realize that welfare today pays more than the average worker earned in 1900? That wouldn't be possible without growth.
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well if you look at the part from 2008 (financial crisis) you'll see it dipped down and is only just passing that level again
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This makes sense, simple & clear.
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@pmarca GDP/person?! Hahahaha congrats to Bill on novel spin to flat EconThanks. Twitter will use this to make your timeline better. UndoUndo
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Why 2009 $ when it was relatively low value? Seems fishy, especially in light of GDP of 1%. Are you falling for the trap?
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