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Depends. If you look at the bottom 90% and their economy - we are in depression. Or extremely deep recession. The top 10% are both capturing the lion's share of
by venomsnake 11y ago
Depends. If you look at the bottom 90% and their economy - we are in depression. Or extremely deep recession. The top 10% are both capturing the lion's share of new growth and siphoning wealth from the rest.
- dcd0101 11y agoNo. It doesn't depend. As he said, those words have actual definitions.
- venomsnake 11y agoYeah but USA is having two economies right now that are masked as one in statistics.
- sanderjd 11y agoPut another way: the proposition is that the current definitions of those words might not be as useful as they once were because assumptions implicit in them have changed.