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Good point! People -- including people who should really know better, like government economists -- have been sold GDP as the economy's high score. (Think of Il
by clock_tower 10y ago
Good point! People -- including people who should really know better, like government economists -- have been sold GDP as the economy's high score. (Think of Il Sorpasso, when Italy's GDP first passed England's.) It was never intended as more than a best guess, and is one of the many temporary measures for WWII that are still with us today...