6 ms·
Agreed; it's the same GDP vs wealth comparison often railed against on here. Comparing a rate-of-gain with an amount-of-same-thing-already-gained is unsound at
by claytonjy 8y ago
Agreed; it's the same GDP vs wealth comparison often railed against on here. Comparing a rate-of-gain with an amount-of-same-thing-already-gained is unsound at best, if not outright misleading. If we're going to use GDP on one side, we should measure how much Rockefeller/Bezos is gaining each year on the other. If we want to use their individual wealth, we should compare to total wealth of all US persons.