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A comment on Six Months into Tariffs, Businesses Have No Idea How to Price Anything. Parent comment

Re:Six Months into Tariffs, Businesses Have No Idea How to P... by refurb on Saturday August 30, 2025 @10:18PM (#45079759)
Where to start? Comparing a 10 year US period to a 20 year period? Seems awfully selective.

Let's do a side by side comparison? 2018 to 2023? 2023 is the last year with solid numbers.

US: 12% real GDP growth

China: 26% real GDP growth

Sounds impressive, until you account for the base.

US: +$2.4T USD

China: +$3.64T USD

Yikes! 4x the number of people, but 0.5x the GDP growth.

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Re:Six Months into Tariffs, Businesses Have No Idea How to P... by adgjlsfhk1 on Sunday August 31, 2025 @01:22AM (#45080572)
do you not know how percentages work? I think Kahan academy covers 4th grade math...
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Re:Six Months into Tariffs, Businesses Have No Idea How to P... by JumpCrisscross on Sunday August 31, 2025 @03:48AM (#45081273)
> Comparing a 10 year US period to a 20 year period? Seems awfully selective

Yes, I chose the strongest form of the other side’s argument to show that even then, it’s difficult to argue that Chinese PPP GDP/c is approaching American levels within a generation. (Though China’s numbers don’t vary much between 10 and 20 years, America’s do since we had a lot of war and then economic stimulus in the 2000s.)

> 2018 to 2023?

You want to make multi-decade projections off a pandemic baseline?

> 4x the number of people, but 0.5x the GDP growth

Per capita means per person. Purchasing power means real production. The question was about potential living standards, not aggregate might.

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