Sentences with phrase «real economic wellbeing»
The results show that during the past twenty years economic growth as measured by current indicators, especially Gross Domestic Product per capita, has been accompanied by decline in real economic wellbeing.
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Judged by the standard GNP statistics, the US per capita income had increased in real value by 25 per cent since 1976; but, using the ISEW, they found that over the same period the economic wellbeing of Americans had actually declined by 10 per cent.
«What happens in Washington DC has a real and tangible impact on the lives and economic wellbeing of working men and women throughout the state.