GDP and income are drifting apart.
Gross domestic product and income have recently diverged to a degree last seen in 2007 pic.twitter.com/JkCpItbD3C — Win Smart, CFA (@WinfieldSmart) November 30, 2023 When “Gross domestic product (GDP) and income have recently diverged by a large margin,” it implies that there’s a significant difference or gap between the overall economic output of a country …