zainguyen.bsky.social
@zainguyen.bsky.social
Reposted
When we exclude the income of the top 1%:
US growth drops from 1.4% to 1.1% (2008–2023), & the
UK & Germany see little to no change.
This narrows—but doesn’t eliminate—the US's apparent growth lead.
May 17, 2025 at 3:25 PM
Reposted
New research by @johnlpoquiz.bsky.social & Nghi Nguyen shows that excluding top earners from real GDP per capita greatly reduces the perceived US growth advantage, despite high earners benefiting most in other advanced economies too.
bennettinstitute.cam.ac.uk/blog/whose-e...
May 15, 2025 at 7:03 AM