Exactly. If the US economy is 10x larger but 90% of the economy is benefiting only the richest 0.1%, what's the point? Too many mainstream media pieces focus on

Exactly. If the US economy is 10x larger but 90% of the economy is benefiting only the richest 0.1%, what's the point? Too many mainstream media pieces focus on overall GDP when they should be focused on averages. The end of the article handwaves away this criticism. > Many critics of America’s economic model contend that it is intrinsically flawed, beset by extreme inequality and ever-more dominant companies crushing competitors. But these are exaggerations. There may be scope for a fairer distribution of the country’s wealth without undermining America’s growth, but the widely held belief that the top 1% are taking it all is overdone. Handwaving. > As for tech behemoths such as Apple and Amazon, their potential for dominance must be watched and, if necessary, curtailed, but it is also true that they have generated incredible value in daily life and shaken up stodgy industries. And they face fierce competition to stay on top. Where's the fierce competition? Apple and Google have a phone duopoly. Measuring the economy is not measuring quality of life or health of the population.