Re: per capita GDP numbers : bogus?

The Trucker wrote:
> If GDP is not a reflection of mean life style then why
> would anyone believe that it is a reflection of "good"
> economy.

It's not a reflection of 'lifestyle' (whatever that means), it's
supposed to measure total production. The extent to which
it actually does so, is another question. E. g. Raytheon builds
missiles, which go into holes in the earth, then dug up
sometime later, replaced with more missiles; this counts as
'production', and the people involved get counted as 'employed'.

What an honor to be a taxpaying American, furriners miss out
on this privilege!

> The Nation, The Church, The economy exist to serve the common people,

Wow. I mean, wow.
This is one of those "I'd like to answer, but don't know where
to begin, and haven't got all night" moments.

--
Rich

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