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Sure, it's obvious that you can't capture that complexity in a single number. I could tell you my weight, and it wouldn't tell you if I'm a smoker or a drunk,
by rory 5y ago
Sure, it's obvious that you can't capture that complexity in a single number.
I could tell you my weight, and it wouldn't tell you if I'm a smoker or a drunk, if I eat my veggies or exercise. But if I'm 400 pounds you can still reasonably predict I'm unhealthy, and if I lose weight from there that's a decent sign I'm getting better.
- chiefalchemist 5y agoBut that's the point, we have a metric that politicians, economists and the media love to parade around as meaningful. The problem is it's not meaningful. It's crap. This is up there with presenting Wall Street IS the economy (for the rest of us). How do we hold people accountable when we allow their bullshit to be accepted and normalized?