There are data to support it. In 2000, India’s total GDP is half that of China.
Now, India’s GDP, about a quarter of China.
US Census Bureau data compiled – index to measure changes in annual income. This index is the financial aspects of the Americans in the Great Depression, the losses of the other indicators. Economic recession, resulting in the poverty rate in 2010 reached 1.51%, since 1993, is the highest level. Adjusted for inflation, the median household income last year fell to 49,445 U.S. dollars, its lowest level since 1996.
Meanwhile, about 13.9 million Americans unemployed, of which 42% did not work during more than 27 weeks.
Overall increase in economic insecurity, Heike index found – some people during the recession, more than other people hit weight. Western and southern residents than the Northeast and North Central residents suffered more serious blow.