“Many reports have recommended that national accounts be improved and “humanized” in this way, but little progress has been made to date.25 A useful step in this direction would be a breakdown indicating the poorest 50 percent, the middle 40 percent, and the richest 10 percent. In particular, such an approach would allow any observer to see just how much the growth of domestic output and national income is or is not reflected in the income actually received by these different social groups.”
