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Joel_Mckayyesterday at 6:09 PM1 replyview on HN

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


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CalRobertyesterday at 7:20 PM

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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