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#economics

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BREAKING: Numerous US politicians appear to have bought war stocks before Israel attacked Iran.

US Congressman Josh Gottheimer bought $RTX, Raytheon, a weapons manufacturer, last month.

Congressman Bruce Westerman bought $RTX on 04/07/2025 AND on 03/02/2025.

Unusual.

When someone you're with claims that we are one of the richest countries in the world, show them this and remind them that yes we *are* one of the richest countries in the world, but not quite as rich as they might think when we use GDP per capita (a more reasonable ranking than merely nominal GDP).... does it matter?

Well in one sense, no; but it also might help us appreciate why we're not quite where we might hope to be economically....