Re:The Geography of U.S. Inequality
by dragonwriter on Tuesday September 06, 2016 @03:51PM
(#12438797)
> Income is not just wage. Total personal income is about 80% of GDP
Since personal income includes capital income, that's a useless figure when "wage" is being used as an (admittedly, imperfect) proxy for labor income as opposed to capital income, as the context upthread makes clear it was.
Since personal income includes capital income, that's a useless figure when "wage" is being used as an (admittedly, imperfect) proxy for labor income as opposed to capital income, as the context upthread makes clear it was.