| ▲ | Joel_Mckay 3 hours ago | |||||||
GDP is a measure of economic activity, and goes up when people are forced to rebuild after natural disasters etc. %Debt to GDP excluding military pay and allowances indicates how your grandchildren will live. Above >130% they will be poor, and remain poor indefinitely. You may disagree, but it is not like anyone wants this to happen. The economic conservatives were compromised, and went insane =3 | ||||||||
| ▲ | CalRobert 2 hours ago | parent [-] | |||||||
I wish it were easier to measure well-being. Someone who works 20 hours a week and half has as much money may well be enjoying life more than someone working 40 hours a week, but we don't quantify this well. When I lived in California I was always weirded out by colleagues talking about how they never took vacations. It's like bragging about being poor. | ||||||||
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