this post was submitted on 12 Feb 2025
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Late Stage Capitalism
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He’s basing it off of “trust me bro”
Especially considering that for the average person in 2024, the cost of living in the US for one person per month was 3x as much the cost of living in China. Approx. $1,700 per month vs. Approx. $550 per month.
GDP as a metric never makes sense because why would you base your country's success off production unless you really don't give a shit about how the people in your country live? Sure ths US has a high GDP, but what's the involuntary part-time rate? How many people are under the line of poverty?
How much does having a baby cost?