this post was submitted on 04 Aug 2023
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[–] DragonTypeWyvern@literature.cafe 56 points 1 year ago* (last edited 1 year ago) (2 children)

People have been told their entire lives that the GDP of their nation matters without ever considering what it actually represents, or how it actually went up.

Great, number go up, but why and who actually benefitted.

[–] madcaesar@lemmy.world 41 points 1 year ago

The 1%. Productivity has been going through the roof, wages have stagnated for decades.

[–] esoteric_wizard@lemmy.world 0 points 1 year ago (1 children)

Excuse the week-old reply but

People have been told their entire lives that the GDP of their nation matters without ever considering what it actually represents, or how it actually went up.

You got a poor, poor education if you were never taught why the GDP matters, or what it represents.

Welcome to America