Question
Real GDP and Real GDP/capita keep growing in the U.S. over time.But do you think everyone is equally benefiting from that growth? If you say
Real GDP and Real GDP/capita keep growing in the U.S. over time.But do you think everyone is equally benefiting from that growth?
If you say we are all benefiting equally, what do you see as the key institutions (rules of the game) that make that possible.If you say we are not all benefiting equally, which groups seem to be benefiting the most from our economic growth, and which groups seem to be benefiting the least.And what do you see as the key institutions (rules of the game) that are allowing some groups to grab more of the gains, and making it harder for other groups to grab those gains?
On a personal level, do you think you personally have benefited from the real growth in the United States?In easy way to test this is to ask if you are better off than your parents and grandparents (in terms of the standard of living you will be able to achieve)?Explain why you feel this way
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