That makes NO SENSE!
YES the GDP per person may have doubled! NO question. If fact here are the numbers:
When you started in 1974 the GDP was 5,390,200,000,000. Today it is $15,759,000,000,000 which is actually tripled!
BUT then you put this stupid statement "hasn't risen by any significant degree for the bottom half of the population"!
You are mixing up comparatives!
How can you subtract half the population and then get an AVERAGE?
The statement is: The GDP has tripled in the 40 years per person!"
Stop there because that is a true statement.
But injecting then "let's drop the top half of the population" .. that makes the bottom half what???
Makes no sense!
Now think for a second.. I know it's hard to when you make so much money....!
Using these FACTS...
Measuring Worth - GDP result.
- GDP in 2009 dollars Population GDP per capita in 2009 dollars.
- 1800 $ 7,994,000,000 Population 5,297,000 GDP per capita $ 1,509
- 1900 $ 456,861,000,000 Population 76,094,000 GDP per capita $ 6,003
- 2013 $15,759,000,000,000 Population 316,465,000 GDP per capita $49,797
From 1800 to 1900 the population grew by 70 million or 1,337% growth in 100 years.
BUT the GDP grew from $7.9 billion in 1800 to $422 billion in 1900 or 5,615%.
And from 1900 to 2013 the population grew by 316% WHILE the GDP grew by 3,578%!
Do the math... if you can...
NOW those are the facts.
Again... quick acting like the pea brain dog eat dog mentality! Grow the pie bigger and we all are better off!
I'm trying to get you to see that the upper class has taken the productivity gains over the last 50 to 70 years and left very little of it to anyone else. Apparently, that's a lost cause. Being one of the people who has created some of those productivity gains (including the miniaturized wonders that you think compensates for this disparity), I think that's a crime. I guess as a memeber of the upper middle class, i should just feel luck that they have seen fit to share a small part of that wealth with me.
(Just a petty tiny point of criticism... don't you ever read what you write at least paying attention to the words underlined with a red dotted line?)
Your credibility is really questionable when you can't even pay attention to little red dotted lines... as if you are too important to spell correctly or you are too important
to be bothered by little details like spelling!
If you can't with the help of technology spell simple words correctly, it makes me question you credibility.
Again using class warfare! How old fashion! How dinosaur like!
But that's ok. Like the dinosaurs you are fast becoming extinct... as more and more people are recognizing that the monolithic state espoused by dinosaurs like you
IS GROWING so big that just as the dinosaurs you have become slow, unable to keep up. The monolithic federal government is feeling that strain now because
ignorant people like Obama et.al. forgot the value of the 50 states..the laboratories of governmental ideas.. the real pulse of the people.
You and your ilk are going to die out as death panels will dictate from the monolithic state you're no longer a contributor but a user.
If it weren't for people like me at 71 that sees so many opportunities... for example this morning using my skills and knowledge of the internet I have come up with
an alternative to "Angie's List". I'm registering the domain name. I've contacted some organizations that would love to tap into the growing market of
10,000 baby boomers retiring at the rate a day and based on population studies will do so for the next 19 years!
This opportunity will as my other existing businesses do several things.
Allows me to accumulate a nest egg for my granddaughter that she can use to launch her ideas!
This opportunity will also help other retiree/contributors in several ways...part time jobs, revenue sharing, opportunities for recognition!
Again..all the while helping increase the pie...not tear a piece away from someone else's piece!
But see the difference between you and me is you are bitching and moaning ... I'm doing something about it!
You are gnashing and tearing at the sliver of meat like a wild dog, complaining that other dogs have bigger pieces RATHER then finding your own niche your own
piece of the pie and making it bigger for all.
The difference between people like you and me is clear... I see the pie growing daily. You see the pie as finite. I see my piece of the pie growing. You like an
animal have to grab from some other dog's piece to get a bigger piece. You are the cliche. You are like The worn out "occupy wall street" person who rather then
use the bathroom defecated on a police car...and then forgetting he walked in the crap!
So continue to moan and grown about those evil 1%s while the small number of us (growing by the way) are looking at ways to make all our collective PIE Grow rather
then steal it like a foaming rabid dog would do!
If you must know, i'm typing this on an iPad which kinda sucks as a keyboard and there are no red lines to draw attention. But in what appears to be typical fashion for you, you miss the point in favor of minutae.