• 0 Posts
  • 120 Comments
Joined 4 months ago
cake
Cake day: March 9th, 2025

help-circle



















  • Yeah, I don’t think the GDP is a great defining factor of economic emergency, in that words like “recession” have to be declared before the country treats the problem seriously. Assuming that growth is going to happen forever in a finite world is naive. And there are serious problems in the economy happening despite the GDP, like increasing poverty and lack of education or healthcare.

    So like, my frustration is that “recession” has to be said before the government freaks out and attempts to fix things, but things are already really bad in ways that matter far more.