This makes the point fairly clearly. Bonus points for the first to identify what has driven down income/household in the period mentioned. Clue - focus on the denominator, not the numerator.
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About Me
- John
- When I'm not working I try to find time to get some exercise, play with my kids, court my wife and serve my neighbor. Life goes by so fast.
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Musings on seemingly random topics - politics, economics, religion, sports, boardgames - best left alone if you want to keep your friends. However, if it itches I can't help but scratch it.
Think about this
The curious task of economics is to illustrate to men how little they know about what they imagine they can design.
~ F.A. Hayek
~ F.A. Hayek
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