4 ms·
It is true, and that’s why I dislike the top line metrics. The stock market is doing great! Unemployment is low! GDP is up! But the hidden assumption, that the
by janalsncm 2y ago
It is true, and that’s why I dislike the top line metrics. The stock market is doing great! Unemployment is low! GDP is up!
But the hidden assumption, that these metrics would be coupled with second-order metrics like life expectancy, home ownership, health, and well-being? That no longer holds.
These consequences today are all the results of political decisions made decades ago. The unfortunate reality is that turning this ship around will also take decades.