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Great article explaining why you should care about GDP if you care about the working class, written by an actual expert.
23 upvotes, 6 comments. Yik Yak link post by Anonymous in US Politics. "Great article explaining why you should care about GDP if you care about the working class, written by an actual expert."
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The only number that really matters

www.vox.com

the economy grows but the people still struggle. corporations are having record numbers yet the people who they employ struggle. the obvious conclusion, then, is that money is flowing into the hands of the few. the billionaires are the problem.
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Anonymous 14w

It does correlate, yes, but not causation lol. Ireland go crazy since a bunch of companies are incorporated there for low taxes. Germany has a lower GDP per capita than most red states like Nebraska and Iowa. Trust me, for a good quality of life, you would rather live in Germany than Nebraska or Iowa.

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Anonymous 14w

I don’t care about the working class

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Anonymous replying to -> #2 14w

How are you measuring quality of life other than your subjective opinion?

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Anonymous replying to -> OP 14w

Look at any quality of life index ever and I guarantee you Germany will be better then Nebraska

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Anonymous replying to -> #2 14w

Are there any quality of life indexes that don’t closely correlate with GDP? Just because you can find an outlier doesn’t mean that it’s a bad metric.

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Anonymous replying to -> OP 14w

Nope. Like I said it does correlate but it’s not necessarily causation and so we don’t have to 100% be worried about it going down if quality of life is going up for the working class

upvote 1 downvote