Birdwatch Note Rating
2024-10-09 19:19:16 UTC - HELPFUL
Rated by Participant: FE38AAEAB8D02494B7DEA17EE9A50D229EC91E7712EF513B13D4A391F464B522
Participant Details
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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