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I'm not sure exactly how good a measure GNP is of this, but for what it's worth the US GNP both absolute and per capita was slightly above its 2008 level by 201
by mcintyre1994 7y ago
I'm not sure exactly how good a measure GNP is of this, but for what it's worth the US GNP both absolute and per capita was slightly above its 2008 level by 2010, and has kept climbing ever since. https://www.macrotrends.net/countries/USA/united-states/gnp-gross-national-product https://www.macrotrends.net/countries/USA/united-states/gnp-...
By contrast the UK still hasn't come close to recovering to the same level: https://www.macrotrends.net/countries/GBR/united-kingdom/gnp-gross-national-product https://www.macrotrends.net/countries/GBR/united-kingdom/gnp...
So maybe the US at least is in a better position than it was in the 1930's to recover on that measure?
- ComputerGuru 7y agoI agree, but at the same time, 2008 was not as bad as 1929 to begin with, though.
- lordnacho 7y agoHow do the numbers work? You can see growth is positive in some years but the GNP is going down?