this post was submitted on 29 Jun 2024
100 points (90.3% liked)
Showerthoughts
29678 readers
1513 users here now
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. A showerthought should offer a unique perspective on an ordinary part of life.
Rules
- All posts must be showerthoughts
- The entire showerthought must be in the title
- Avoid politics
- NEW RULE as of 5 Nov 2024, trying it out
- Political posts often end up being circle jerks (not offering unique perspective) or enflaming (too much work for mods).
- Try c/politicaldiscussion, volunteer as a mod here, or start your own community.
- Posts must be original/unique
- Adhere to Lemmy's Code of Conduct-----
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I think its pretty healthy to always check your assumptions. Some things that are mainstream are actually pretty crazy, but taken as normal because we're used to them. For instance, GDP is a pretty crazy way to measure economic health.
I know a lot of economists who agree with you, it's just everything else we try to use to measure economic health on a macro scale seems to be worse. When your best tool is only 40% accurate, it sucks.
Yeah, GDP really measures size rather than quality, people just end up ignoring the nuance.
GDP is also significant in that it directly influences how much revenue a government can raise by taxes, and so by proxy how much of public services it can provide. GDP growth also influences what amount of deficit it can sustain (though for various reasons that is not a straightforward relationship as with tax revenue).