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Anything bad for the economy makes society poorer on net, which is why line going up is seen as good, while line going down is seen as bad.
by missedthecue 5y ago
Anything bad for the economy makes society poorer on net, which is why line going up is seen as good, while line going down is seen as bad.
- anemoiac 5y agoOf course, but that’s a simplistic perspective. Economics textbooks may presume that growth is always good, but growth must be balanced with its social and environmental impacts in the real world.