When I adjust GDP for inflation I get $7 Trillion not $5 Trillion.
Wages are flat because of economic globalism and labor arbitrage.
Posted on 10/09/2019 7:46:21 PM PDT by Beave Meister
Why do you think governments in wealthy countries are hell-bent on promoting homosexuality? It's because childless couples help inflate the per-capita GDP.
U.S. goods and services trade with China totaled an estimated $737.1 billion in 2018. Exports were $179.3 billion; imports were $557.9 billion. The U.S. goods and services trade deficit with China was $378.6 billion in 2018.
What a bunch of BS. In 1970 the population is the USA was 215 million, now we are at 330 million where is the prosperity? LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!
You’re obviously remembering the days before Baby Boomers began to retire.
My 401k has grown more under 3 years of Trump than under 16 years of Bush and Obama combined.....
So we have a president who is pushing free market policies and getting 2 or 3 %. Oh the shame.....lets go with a commie now
In 2018 it was $18.6 trillion.
So our population has increased just over 50%, while our GDP has more than tripled. So clearly the per capita GDP has increased substantially in that time.
Is this some kind of a mystery to you, or what?
The only reason we can’t achieve 5% growth is that
Democrats continue to exist.
Who’s we, Kimosabe?
When I adjust GDP for inflation I get $7 Trillion not $5 Trillion.
Wages are flat because of economic globalism and labor arbitrage.
“Do you think the paltry 2% GDP growth is normal? Were you born yesterday?”
No, 64-1/2 years ago. But what did Moore say that was untrue. Red herring fail...
“The disloyalty is obvious.”
Sez who?
“Nothing wrong with telling the truth,”
Whew, glad to hear that.
But the overwhelming tenor on FR is that DJT is a divine figure *even while* most supporters here acknowledge that he is a bullsh!tter. Why else do folks on our side say he “is to be taken seriously, not literally.” I rejoice when he does useful things, but he does himself no favors when he slings BS like a New York grifter. Of course he has my vote in comparison to the open Maoists on the other side, but that does not change the reality that he misses a lot of opportunities because he spews a lot of horse manure.
“But the overwhelming tenor on FR is that DJT is a divine figure “
If you don’t like it here I think there are other parks you can go play in.
We’d be at 4+% if we didn’t have a fairly severe global slowdown. All in all, I’d rather aim high than lead from behind
Have you read "Accidental Superpower" by Peter Ziehan? That book pretty much confirms what you said above with real data.
The good news is that the U.S. is better positioned than any other nation to ride out the coming storm. Also, this book was written before the Trump presidency and if anything, Trump's policies will further smooth out the impact on Americans.
That book was recommended by LS and I felt much more optimistic for our future after having read it.
“If you don’t like it here I think there are other parks you can go play in.”
No thanks, I’ll stay here as an advocate for conservatism and critical thinking.
Look at his newer book, “The Absent Superpower.” US is in awesome shape, China and Russia in bad shape.
Thanks! I’m putting this one on my list.
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