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If you have anything complicated, you will not win the battle of competitionwith national income, GNP, gross national product.It has to be simple.
with national income, GNP, gross national product.
And when national income accounting, accounting GDP, was invented in the 1930s, 1940s, these were the types of assets which people measured
This is our national income data.
There was no national income tax until early in the 20th century.
percent of national income at the end of the 1970s.
relative to national income will continue to decline so that all those things that I mentioned -- the environment,
than 2 percent of national income.
the total national income.
however we divide the national income give it all to the rich none to the poor or have an egalitarian society there's
Because that is a massive source of national income is tourism.
In GDP, the national income accountants are supposed to count the kinds of investments that firms are making in data and understanding that data.
So that's well known to accountants and to national income accountants.
If you compare it relative to the per capita national income, average income, it would be like a congressman
So economics graduate would be hard pressed to know what the national income of their country is,
National income is only is almost 50% higher than it was in 1932.
And that was cut roughly by half as a share of national income from the time that Reagan came in till the end of Reagan's
The share of taxation of corporate income as a percent of national income is basically historic low at this point.
So it's the rise of the tax share of national income.
the top 1% of Americans shared about 8 and 1/2% of national income.
In fact, I would reckon that total national income is about 15% below where it would have been had we
So, triple largely as a share of national income, while the bottom 50%
On the left here, we see a graph of the share of national income accruing to the top 1% and the top 0.1% of the income
Now, if this thing is rather hidden in the national income accounts, it's distinctly hidden in the company accounts.
But still, this line is 0.7% of gross national income, so not very much.
The green ones, they are committed to reduce carbon as a share of their national income.
Then Reagan came and you see the collapse of the discretionary programs as a share of national income down to about two and a half percent.
In the 1970s the wealthiest one percent of Americans were getting about 11 percent of total national income.
In Germany the top one percent gets, receives 11 percent of total national income.
instead of 20 of the units that's less therefore we get paid less therefore our national income goes down therefore
The numbers are so big you have to do in terms of total US wealth or years of GDP or debt income, national income.
By 2007, just before the crash, the top one percent was getting 23 1/2 percent of total national income.
The last time, incidentally, the top one percent got anything close, in fact not coincidentally exactly 23 1/2 percent of total national income
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