No one cares about GDP anymore. It's a fake number.

Nasrudith 3 days ago | parent | next [-]

Correction. It has become fashionable to claim that GDP doesn't matter, mostly from the people who are greatly losing the GDP race and whose policies will be bad for GDP and they know it. I mean, the fox at least has excuse for finding the grapes sour because they are toxic to vulpines.

They also remain willfully ignorant about the context of GDP - namely that it was derived as a proxy for military productive and research capacity. It specifically isn't just raw industrial capacity because the intellectual research and development work is also very relevant in military match-ups.

	▲	remarkEon 3 days ago \| parent [-]
		Who exactly is losing this race? Because it isn’t the United States. If infinite immigration was such a great GPD hack then Canada and the uk would be in the lead and yet the exact opposite happened.

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N2yhWNXQN3k9 3 days ago | parent | prev [-]

Oh? Convince me? Outside of speculation around the fact that BLS heads were replaced?

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remarkEon 3 days ago | parent | next [-]

If there's a different metric go ahead and suggest one. I know you're trying to bait a comment with the BLS reference. It used to be commonplace to observe that GDP is actually a very bad way to measure a country's performance, because it skips over things like income inequality or upward mobility. USSR had great GDP numbers, actually, despite the propaganda in the west at the time. Unfortunately everyone was miserable and, well, the rest is history.

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N2yhWNXQN3k9 3 days ago | parent [-]

> I know you're trying to bait a comment with the BLS reference

I am not. I am generally confused at what you would suggest is wrong with the GDP measurement.

We have multiple layers of agencies reporting on GDP and other economic measures the US. There are certainly some troublesome siloed measures (CPI), but I wasn't aware that GDP was one of them.

Your take doesn't seem relevant with regard to my knowledge on the subject.

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remarkEon 3 days ago | parent [-]

My point is that measuring things via GDP alone is bad and/or dumb. I think that was pretty clear in my comment. "Number go up" is not a sane way to measure progress.

I also do not care about your "knowledge" on the subject.

	▲	hshdhdhj4444 3 days ago \| parent [-]
		> GDP alone So what are the metrics that you’re using other than GDP to justify your position

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8note 3 days ago | parent | prev | next [-]

I'd consider it a fake number in that people use it to mean something other than just being a number.

like, describing GDP as "how rich is your country or state" which I've seen people use to argue that canada and germany are poorer than Mississippi.

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3 days ago | parent | prev [-]

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