Quote:
Originally Posted by ThePrince
Huge LOL at trying to paint GDP per capita growth as some right wing metric that's come out of nowhere lately - it's literally one of the most widely used and basic metrics to compare economies. (Actually the metric being used is real GDP per capita growth, but I'm sure this was an honest mistake)
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It is widely used and basic.
However, what has happened lately (last ~5 years) is that the 1% in USA have experienced exponential growth which raises the average of the per-capita growth without accurately describing the change in quality of life for the other 99%. A classic case of a skewed average.
And then the Canadian economy is contrasted with that disingenuously in the last 6 months. When our influx of post secondary students skews the average down in the opposite direction without reflecting the lices of working adults.