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What about it makes it dishonest? What do you think would be an honest comparison? And, if you do it, what numbers do you get?
by AnimalMuppet 1y ago
What about it makes it dishonest? What do you think would be an honest comparison? And, if you do it, what numbers do you get?
- refurb 1y agoWhere to start? Comparing a 10 year US period to a 20 year period? Seems awfully selective. Let's do a side by side comparison? 2018 to 2023? 2023 is the last year with solid numbers. US: 12% real GDP growth China: 26% real GDP growth Sounds impressive, until you account for the base. US: +$2.4T USD China: +$3.64T USD Yikes! 4x the number of people, but 0.5x the GDP growth.
- adgjlsfhk1 1y ago[flagged]
- JumpCrisscross 1y ago> Comparing a 10 year US period to a 20 year period? Seems awfully selective Yes, I chose the strongest form of the other side’s argument to show that even then, it’s difficult to argue that Chinese PPP GDP/c is approaching American levels within a generation. (Though China’s numbers don’t vary much between 10 and 20 years, America’s do since we had a lot of war and then economic stimulus in the 2000s.) > 2018 to 2023? You want to make multi-decade projections off a pandemic baseline? > 4x the number of people, but 0.5x the GDP growth Per capita means per person. Purchasing power means real production. The question was about potential living standards, not aggregate might.