But it’s comparing the US economy to a bunch of smaller economies. You cant ignore population when it comes to “more value”.
Then it adds India, a poor country where the poor are much worse off than in the US.
Then it compares the size of the economies of that mish-mash of countries to relative poverty in the US.
So what exactly am i supposed to draw from this comparison?
A larger economy roughly means that more value is created in that country. Combining that with a higher relative rate of poverty means that the extra value created is not captured in a similar proportion. How are those two unrelated metrics?