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For many years, for political reasons we'll never have another "great depression", and this has possibly now extended to reporting recessions. Its worth pointi
by VLM 4y ago
For many years, for political reasons we'll never have another "great depression", and this has possibly now extended to reporting recessions.
Its worth pointing out that the economic indicator of productivity is basically GDP divided by worker-years-equivalent worked. So if its double-plus ungoodthink to ever report a decline in GDP, we can still, for now, report a decline in productivity while also reporting unemployment remains mostly constant, as long as no one makes the connection and cancels them for reporting disinformation.
Its not a "recession" of course, that would be badthink of the highest order, its just a mysterious decline in the productivity metric, and nobody can talk about why while remaining politically correct. Its a good demonstration of how effective censorship can be. Why, I hear times are so good, the party is increasing the chocolate ration.