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This is wildly misleading. You can argue that we should use a different metric, sure, but then you must look at all of history using that metric to compare "the
by tensor 2y ago
This is wildly misleading. You can argue that we should use a different metric, sure, but then you must look at all of history using that metric to compare "the economy now, to the economy before."
The data was not wrong just because you choose to use a new metric. The data would be "wrong" if it was collected in a way that introduced errors.
- kazinator 2y agoStory says that the data gathering is good, but interpretations are flawed and have been consistently so for decades.
- taylodl 2y agoGoes back to the Reagan era. They needed to hide the data in order to hide the fact their policies were decimating America's manufacturing base. That's when America transitioned to a so-called "service economy." We've been getting poorer ever since.
- deleted 2y ago[deleted]