2 ms·
If it doesn't feel like a good time to most people, then it isn't a good time. No one cares, or no one should care, about "the economy", some abstract bogeyman
by tuatoru 2y ago
If it doesn't feel like a good time to most people, then it isn't a good time.
No one cares, or no one should care, about "the economy", some abstract bogeyman that the MSM is always going on about.
They should be caring about the wellbeing of median and modal households.
GDP was only ever intended by Kaldor to be a measure of general wellbeing, highly imperfect but the best available at the time. Now, it's a target, and we all know how that goes.