Same in Austria and other old wealthy EU countries that have since economically stagnated or even declined.
All that seems to matters today, is that the GDP number keeps going up at any and all cost, regardless of long term externalities and second order effect to society. Kina like Saturn devouring his children.
Like sure, now you need to wait 4 months to see a public healthcare specialist compared to only 2 weeks 8 years ago, but the GDP number is higher now than back then, so obviously we must be better off today than in the past, right? RIGHT?!
That's why EU politicians are rushing to implement free speech crackdowns, invasive privacy laws using dictatorial techniques, like last week's Chat Control 1.0. They know they're on borrowed time before the majority of the population wises up and turns against them for the effects of the unpopular policies they pushed that lead to their decline in quality of life and purchasing power.
If GDP rises the country is not economically stagnating though.