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re: World GDP rose by 35% over the last 10 years yet GDP of USA was a modest 28%

Posted on 4/5/25 at 8:04 am to
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477256 posts
Posted on 4/5/25 at 8:04 am to
quote:

You won’t answer the question

I did answer the question, in detail.

quote:

and you continue to obfuscate the point of the thread with a straw man

The "point of this thread" is wrong and you've being proven wrong (and laughed at) and trying to call that a "straw man" (incorrectly)

Your analysis is bad and we keep explaining this to you over and over again and you are quadrupling down on the stupid. Now you're at the melting stage, flailing and lying to try to save face (the opposite is occurring).

quote:

Two things can be true at once: we can be the most prosperous country at the moment and still be leaving money on the table while giving up ground.

How much "money on the table" do you think has been left?

How much more dominant do you believe the US should be?

How much more should be benefit compared to the world (since we've clearly benefited the most in this system(?

quote:

Again, if chinas/indias growth adds to our growth why has there been less growth relative to our historical 50 year avg?


quote:

Again, explained to you in the FIRST reply to this thread.

Do you realize how impressive this is for the US?

Hint: when you start from a big number, % growth is much more difficult.

Hint: we started at #1 10 years ago


If we are "leaving money on the table", then why are we doing so much better compared to all the other rich, developed nations? You would think that there would be some example of one of them showing their advantage over us statistically.
Posted by Robin Masters
Birmingham
Member since Jul 2010
35947 posts
Posted on 4/5/25 at 8:09 am to
quote:

How much "money on the table" do you think has been left? How much more dominant do you believe the US should be? How much more should be benefit compared to the world (since we've clearly benefited the most in this system(?


I theorized in my first post this morning.
It appears that over the last 10 years we are down about .4% from our 50 year avg of 3.2%. That adds up to be about 10TT.

Why is the past 10 years lower than our 50year avg when China and India should be, according to you, adding growth to our GDP?

If possible please try and address the question without personal attacks. Seems a little beneath someone with a self proclaimed superior intellect.
This post was edited on 4/5/25 at 8:10 am
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/5/25 at 8:23 am to
That makes the USA's numbers look incredible.

One day you folks will figure this out.
Posted by wackatimesthree
Member since Oct 2019
13597 posts
Posted on 4/5/25 at 8:24 am to
quote:

Are you seriously this dumb?


I'm afraid he is.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/5/25 at 8:26 am to
quote:


What would our GDP be if we hadn't sacrificed ourselves so communist China could grow?


Ya;ll are as dumb as progressives.

The trade deficit is one of the lesser things to worry about, you people cant even do your own research.

Why cant you read on your own and come to better conclusions?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/5/25 at 8:27 am to
quote:

Bernie and crew think because “the rich” have all the money there is no opportunity for others to make money. Zero sum fallacy. You guys seem to think that because someone else developed more wealth that you are poorer as a result. Also a zero sum fallacy.


They have officially adopted Bernies left wing populism as their own victim complex.


Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/5/25 at 8:28 am to
quote:



Again, I don’t think matching the avg growth rate of the rest of the world is too much to ask


They are so far behind us in per capita GDP that most will never come close to where we currently are.

This is a very bad and low info thread.
Posted by Robin Masters
Birmingham
Member since Jul 2010
35947 posts
Posted on 4/5/25 at 8:31 am to
quote:

That makes the USA's numbers look incredible. One day you folks will figure this out.


Trying to figure out why if our 50 year gdp avg is 3.2% why 2.8% over the last 10 years is incredible.

Many here have been adamant that rapid growth in China and India would add additional GdP to us. But that doesn’t seem to be the case. We seem to have been doing better prior to the emergence of those countries.

All I’ve done is posted metrics and asked some questions. No answers only insults. Seems an odd response but perhaps I should remember where I am.


Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/5/25 at 8:35 am to
quote:


Trying to figure out why if our 50 year gdp avg is 3.2% why 2.8% over the last 10 years is incredible.


Because we are already uber wealthy and due to percentages, massive growth rates are unattainable. Look where they are, look where we are.

Would you change places with the average guy in China or India? Answer this.
Posted by Flats
Member since Jul 2019
28192 posts
Posted on 4/5/25 at 8:37 am to
quote:

Are you seriously this dumb?


My five year old grew a lot more last year than my 20 year old. There’s something wrong with the 20 year old, I think the young one is stealing his food.
Posted by Robin Masters
Birmingham
Member since Jul 2010
35947 posts
Posted on 4/5/25 at 8:38 am to
quote:

Because we are already uber wealthy and due to percentages, massive growth rates are unattainable. Look where they are, look where we are.


2.8% is not massive.

quote:

Would you change places with the average guy in China or India? Answer this.


For like the 10th time in this thread, I was not comparing us to China. And multiple things can be true at once, namely that we have the most powerful and enviable economy on earth and also that we are leaving money on the table and losing ground we shouldn’t.
Posted by wackatimesthree
Member since Oct 2019
13597 posts
Posted on 4/5/25 at 8:39 am to
quote:

Because we are already uber wealthy and due to percentages, massive growth rates are unattainable. Look where they are, look where we are.

Would you change places with the average guy in China or India? Answer this.


Apparently this guy never played little league baseball.

The kid who got the "Most Improved" award at the end of the season was the kid who wasn't very good to start with.

Simple.
Posted by Robin Masters
Birmingham
Member since Jul 2010
35947 posts
Posted on 4/5/25 at 8:39 am to
quote:

My five year old grew a lot more last year than my 20 year old. There’s something wrong with the 20 year old, I think the young one is stealing his food.


JFC, I never said this. You people are insane.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/5/25 at 8:39 am to
quote:



2.8% is not massive.


Its normal.

Sub par economies have a far larger capacity for growth, then they too will slow down.

Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/5/25 at 8:40 am to
quote:


The kid who got the "Most Improved" award at the end of the season was the kid who wasn't very good to start with.


Exactly.
Posted by Robin Masters
Birmingham
Member since Jul 2010
35947 posts
Posted on 4/5/25 at 8:41 am to
quote:

Its normal. Sub par economies have a far larger capacity for growth, then they too will slow down.


It’s below our avg.

But I’ve been told that China growth and indias growth would add to ours which doesn’t seem to be the case.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/5/25 at 8:43 am to
quote:


But I’ve been told that China growth and indias growth would add to ours which doesn’t seem to be the case.


Where in the hell did you come up with this???
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477256 posts
Posted on 4/5/25 at 8:43 am to
quote:

It appears that over the last 10 years we are down about .4% from our 50 year avg of 3.2%. That adds up to be about 10TT.

This makes no sense.

Here, since you are having so much trouble, I'll guess maybe you're a visual learner. So I had Gemini whip me up a table with the data from OP and the last PCGDP data (from 2023).



What I call the "2023 Index" is the combination of the GDP and PCGDP rankings, to show like:like countries to compare. Not perfect or academic, but good enough to illustrate the point being made. The countries grouped together are similar economies to compare.

Then we can analyze the % growth from your OP chart with similar economies.

The first thing that should stand out is that the US has no "like" and we're on our own tier of dominance, far away from anybody who can argue to be #2.

The second thing that should stand out is that the US had the highest % of GDP growth with only one in contention, Australia at 25%, who funny enough, trades a shite-ton with China, too. Of China's largest non-Asian trading partners, the top 2 are: The US and Australia (Russia is in there but Russia is largely Asian, so you can include them if you want). You think there may be a causation in there, or do you think it's just correlation?

So, of the countries who have the economies that are the hardest to grow, the US still absolutely dominated. Where is this "money on the table" that you speak of?

*ETA: I messed up the math on Turkey and corrected-edited
This post was edited on 4/5/25 at 8:50 am
Posted by wackatimesthree
Member since Oct 2019
13597 posts
Posted on 4/5/25 at 8:44 am to
quote:

JFC, I never said this.


You need to change your password then, because someone is hacking your account.

quote:



SFP: when you start from a big number, % growth is much more difficult


You: We trailed the growth of the world. Is there a bigger number than “the world”?
This post was edited on 4/5/25 at 8:46 am
Posted by Robin Masters
Birmingham
Member since Jul 2010
35947 posts
Posted on 4/5/25 at 8:45 am to
quote:

Where in the hell did you come up with this???


It’s been suggested by many the last few days and even in this thread.
“Something something, not a zero sum game and growth elsewhere doesn’t mean we lose here”

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