3 ms·
Drastically smaller? If you're talking about the US economy, GDP is $5 trillion larger than in 2001. That's a 50% increase. [0] http://www.google.com/publicdat
by achompas 16y ago
Drastically smaller? If you're talking about the US economy, GDP is $5 trillion larger than in 2001. That's a 50% increase.
[0] http://www.google.com/publicdata?ds=wb-wdi&met=ny_gdp_mktp_cd&idim=country:USA&dl=en&hl=en&q=gdp http://www.google.com/publicdata?ds=wb-wdi&met=ny_gdp_mk...
- chailatte 16y agoInflation. Gold is 7X today, wheat is 3X today, regular gas is 2X today.
- borism 16y agoHow much gas and wheat do you consume regularly as a proportion of your income? What about gold?
- achompas 16y agoTrue, I read "current" as "constant." Even using constant dollars, though, our economy is 18% larger between then and now. That's not "drastically" smaller. [0] [0]http://www.wolframalpha.com/input/?i=real+us+gdp+2001+to+2010 http://www.wolframalpha.com/input/?i=real+us+gdp+2001+to+201...