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2024-09-12 16:00:07
Analysis which adjusts for inflation and uses purchasing power parity, shows that the USA has had a higher GDP per head than the UK since at least 1990: [Link] Analysis in this tweet has used market exchange rates. Average GBP:USD in 2007 was £1:$2 and £1:$1.24 in 2022. [Link]
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2024-09-12 17:00:26
While proposed note makes a compelling point, it is best suited as a comment.
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2024-09-12 20:18:11
the note is needed - community notes are not just for facts, it says right in the description they are meant to provide context. the context here is market rate versus PPP, readers of the post will be materially misled if they think the UK was richer than the USA in 2007
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2024-09-12 22:29:46
NNN. The commenter assumes that PPP is superior which is disputed. Therefore the CN is no more accurate or inaccurate than the OP and belongs in comments. [Link]
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