That hasn’t been true for decades in the West, even though per-capita productivity has been steadily rising since WW2.
Are you sure?
From the data I’ve seen the bottom decile Americans consume significantly more per capita compared to even 2006.
e.g. plane travel was completely absent amongst the bottom decile in 2006, like so close to zero mileage per capita per annum it was a rounding error.
Are you sure?
From the data I’ve seen the bottom decile Americans consume significantly more per capita compared to even 2006.
e.g. plane travel was completely absent amongst the bottom decile in 2006, like so close to zero mileage per capita per annum it was a rounding error.