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Household disposable income looks normal enough https://data.oecd.org/hha/household-disposable-income.htm https://data.oecd.org/hha/household-disposable-income
by jahnu 11y ago
Household disposable income looks normal enough
https://data.oecd.org/hha/household-disposable-income.htm https://data.oecd.org/hha/household-disposable-income.htm
- jessriedel 11y agoZoom out to include 1995 (the limits of Japanese data for your source). Japan is mid-tier for growth in household disposable income 2010-2014, but consistently among the very slowest growing countries from 1995-2009. This is a difference of 1% average growth vs. 3% average growth across 15 years. That is a huge difference (16% vs. 56% cumulative growth), and very consistent with my claims about the stark disparity between the US and Japan in per capita GDP today.