Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on Iowa City made its buses free. traffic cleared, and so did the air. Parent comment
Not all GDP is created by work. See https://fred.stlouisfed.org/series/LABSHPSGA156NRUG to learn that our labour share of GDP is roughly 50%.
And, of course, the average hides a lot of information about the distribution.
Though even given all the caveats, your numbers still seem wrong to me. 90kUSD / 200 / 8 ~ 57 USD, not 5kUSD.
Not all GDP is created by work. See https://fred.stlouisfed.org/series/LABSHPSGA156NRUG to learn that our labour share of GDP is roughly 50%.
And, of course, the average hides a lot of information about the distribution.
Though even given all the caveats, your numbers still seem wrong to me. 90kUSD / 200 / 8 ~ 57 USD, not 5kUSD.