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bawis | 2 months ago

The old problem with metrics like GDP, is that they consider the whole but not the parts, it is kinda saying that I and Musk have billions in wealth, but I am in debt.

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andsoitis|2 months ago

> The old problem with metrics like GDP, is that they consider the whole but not the parts, it is kinda saying that I and Musk have billions in wealth, but I am in debt.

Does this mean you also think that "the (US) economy is tanking" OR do you agree with me that the economy is NOT tanking?

jackling|2 months ago

He saying that using a single metric like GDP isn't sufficient for claiming that the economy isn't tanking. The economy != GDP. For many regular people, it's terrible right now.