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> That's stopped as the industrial revolution has slowed down. It's just not true: http://gapminder.org http://gapminder.org , http://www.gapminder.org/world
by gohrt 13y ago
> That's stopped as the industrial revolution has slowed down.
It's just not true: http://gapminder.org http://gapminder.org , http://www.gapminder.org/world/ http://www.gapminder.org/world/
- msandford 13y agoThat's all fine and dandy if you think the BLS CPI isn't gamed. I happen to think that they change it enough that it's nearly meaningless to talk about "growth" for the last 20-40 years. When the inflation rate and the growth rate as as close to one another as they are all you need is a small error calculating CPI and suddenly mild increase turns into mild decrease.