alt Hacker NewsPeople need to stop asking what's better for the "economy" and start asking what's better for themselves. If the two don't align, it should be tough luck for the "economy", not the people.
People need to stop asking what's better for the "economy" and start asking what's better for themselves. If the two don't align, it should be tough luck for the "economy", not the people.
"The economy" is often just another way of saying "everyone in aggregate."
Of course "the economy" is a vague, undefined term. But it's easy to think of various specific measures like median household income or the unemployment rate that capture this dynamic.
So regarding your final sentiment, I think that often "the economy" and "the people" are the same thing. If something raises the unemployment rate, that will bad for "the economy" and also "the people."