4 ms·
I understand what you're saying, but I don't think looking at GDP to the exclusion of other factors is a very useful exercise. If GDP per capita is the way you
by gozur88 10y ago
I understand what you're saying, but I don't think looking at GDP to the exclusion of other factors is a very useful exercise.
If GDP per capita is the way you're measuring wealth, you're not doing yourself any favor by adding more people to the denominator. Also, having a higher GDP doesn't help if it means everyone is burdened by the additional strain of providing for all the people who are out of work as a result of whatever policy you used to goose GDP.
- thehardsphere 10y agoRight. It's basically an unresolved empirical question as to whether or not bringing all of those new people here will result in the release of a magical growth fairy that will paper over any of the problems. If it does, glossing over the whole question isn't too bad. If it doesn't, then you're right.