Mean National Prosperity
by Flexo on December 29, 2005
in Economy
On Marketplace last night, Robert Reich talked about a cognitive disconnection regarding the American economy. While the country’s gross national product has been increasing, individuals (other than the top 20%) haven’t been seeing any benefits from the increased productivity. Usually increased productivity goes hand-in-hand with increased wealth. Rather than income and net worth increasing with the GDP, it has stayed flat.
Reich suggested developing a new measure: mean national prosperity. Listen to the show. Perhaps a new indicator can give a clearer picture of economic life in this country.
VN:F [1.7.4_987]
Rating: 0.0/5 (0 votes cast)

About the Author
Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.
If you enjoyed this article, get the free RSS feed or get daily emails.
Join the free Consumerism Commentary newsletter. Enter your email address here to receive weekly emails
with
behind-the-scenes information, exclusive giveaways, and money
tips.
Related Entries on Consumerism Commentary