Post AUcuIM81BEMUIbLLuq by GoAskAlice@newsie.social
 (DIR) More posts by GoAskAlice@newsie.social
 (DIR) Post #AUcuILWnPcaUR9vctk by JKLund@universeodon.com
       2023-04-13T23:13:22Z
       
       0 likes, 2 repeats
       
       My endurng thesis is that extremists in America are the greatest threat to it's future, not China or some imagined enemy. The Economist agrees:"Yet the anxiety obscures a stunning success story—one of enduring but underappreciated outperformance. America remains the world’s richest, most productive and most innovative big economy. By an impressive number of measures, it is leaving its peers ever further in the dust.""Start with the familiar measure of economic success: gdp. In 1990 America accounted for a quarter of the world’s output, at market exchange rates. Thirty years on, that share is almost unchanged, even as China has gained economic clout. America’s dominance of the rich world is startling. Today it accounts for 58% of the g7’s gdp, compared with 40% in 1990."https://www.economist.com/leaders/2023/04/13/the-lessons-from-americas-astonishing-economic-record
       
 (DIR) Post #AUcuIM81BEMUIbLLuq by GoAskAlice@newsie.social
       2023-04-14T00:20:59Z
       
       0 likes, 0 repeats
       
       @JKLund Boosting because it is good news even if many in the nation are feeling pretty miserable right now.
       
 (DIR) Post #AUcuIMjavWQ4B8vMUC by johnlogic@sfba.social
       2023-04-14T00:39:27Z
       
       0 likes, 1 repeats
       
       @GoAskAlice @JKLund With those numbers, we can infer that Americans today are working nearly 50% harder than they were 30 years ago.Recent reports show that about half can't afford a surprise bill of $400, suggesting that they have little to show for it.And USA has a very small few who are super rich at record levels.Combine all that inequity, and something's got to give.