You do know economic data is not used only by "economists", right? Given that you seem to dislike the word "economic" data, focus only on the data part. Tell us how politicians/policy makers run the country without data? How do they know rates have to be increased/decreased if they don't have such numbers? Through wishful and magical thinking about focusing on the basics?

My point is that it should be more granular. I only ever hear it described in one of three things in tension with each other: markets, jobs, inflation. Do you think you can just watch those three things and guide a country/world into a prosperous one or could there be pitfalls?