Birdwatch Note Rating
2024-10-08 22:25:30 UTC - HELPFUL
Rated by Participant: 2536064F90BBD687A8CE1CCE736F806F035DD569669DB56242D983C8710CA81C
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Original Note:
Both the LPC and CPC are correct. LPC are using “Real GDP” while CPC are using “GDP per capita” which adjusts GDP to population growth. In other words, even though total wealth is going up as a country, it is being divided into more people so each person makes less. https://www.fraserinstitute.org/sites/default/files/GDP-growth-unadjusted-for-population-change.pdf
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