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> For most people growth means that the economy is getting better and recession means that the economy is getting worse. That's a fine shorthand, but the reaso
by sanderjd 4y ago
> For most people growth means that the economy is getting better and recession means that the economy is getting worse.
That's a fine shorthand, but the reason the standard data and interpretation of it matters is that otherwise all you have is what people feel about the economy, which is not very useful information.