3 ms·
I'm just injecting some alternative thought here but I think one major question that needs to be asked about the health of the economy is: "How much of the wei
by IceColdCoder 11y ago
I'm just injecting some alternative thought here but I think one major question that needs to be asked about the health of the economy is:
"How much of the weighted average person's day is that person spending on survival".
I don't see how slow shift to a 60-hour instead of a 40-hour work week is indicative of a healthy economy but I could be wrong. To me it seems that survival is taking more and more time when it should be taking less and less if the economy were actually growing. This is probably just a "correction" but I think we will be seeing more and more of these here soon. I've been looking at the robotics industry and I can see them going into full public view within the next decade. The results will be interesting.
- theseatoms 11y agoWeighted by what?
- IceColdCoder 11y agoI was thinking of clustering. If you have a large group of people in a general income sub-group then it would weigh more than fewer people in another income subgroup. The point of weighing is that margin-based models depend heavily upon a large consumer base and only certain consumer bases are of any significant size.
- sokoloff 11y agoSo, in other words, just the average across the population?