Looking at US data for the past 100 years or so. And no, it's not at 20%. More like a bit over 50%. If you take out depreciation and gov't because what you rea

Looking at US data for the past 100 years or so. And no, it's not at 20%. More like a bit over 50%. If you take out depreciation and gov't because what you really care about is return to capital & labor it's about 30/70.