Where Does All the Output of Working People Go?

I rather liked the poster below from and thought I should supply some key statistics about the US economy to set it in wider context.

The US economy has a GNP of around $16.7 trillion or 16,700,000,000,000 aka $16.7 million, million. The US workforce that produces all that output of goods and services is around 140 million people in work. So the average output per worker per year is about $119,285 and if you assume a 40 hour week for 50 weeks a year, that’s 2000 hours a year on average at about $60 per hour. Seems like a lot of that output has gone AWOL and doesn’t actually end up with those who produce the wealth? Now why is that? And I am not counting taxes here, just simply output per worker pre-tax.

About creativeconflictwisdom

I spent 32 years in a Fortune Five company working on conflict: organizational, labor relations and senior management. I have consulted in a dozen different business sectors and the US Military. I work with a local environmental non profit. I have written a book on the neuroscience of conflict, and its implications for conflict handling called Creative Conflict Wisdom (forthcoming).
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