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A comment on the US economy and the EU were the same size in 2008, the US is now nearly 2X. Parent comment
That decline is an anomaly. The majority of it is attributable to covid, and a significant minority attributable to fentanyl: https://www.cdc.gov/nchs/pressroom/nchs_press_releases/2022/...
I do agree that the "rising tide raises all boats" rhetoric is largely bunk. But I don't think that this one particular measure, taken at an anomalous time, is sound footing for a counterargument.
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That decline is an anomaly. The majority of it is attributable to covid, and a significant minority attributable to fentanyl: https://www.cdc.gov/nchs/pressroom/nchs_press_releases/2022/...
I do agree that the "rising tide raises all boats" rhetoric is largely bunk. But I don't think that this one particular measure, taken at an anomalous time, is sound footing for a counterargument.