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Re:Pastry Chefs Are in Demand, Why Aren’t Wages Rising? by clock_tower on Thursday October 13, 2016 @07:28PM (#12705051)
To think that people yell at me when I say that the US's higher-than-Europe GDP doesn't mean that the US has a higher quality of life...
Re:Pastry Chefs Are in Demand, Why Aren’t Wages Rising? by jessaustin on Thursday October 13, 2016 @08:28PM (#12705350)
Haha yelling is a sign of confusion...
Re:Pastry Chefs Are in Demand, Why Aren’t Wages Rising? by clock_tower on Friday October 14, 2016 @01:22PM (#12709617)
Good point! People -- including people who should really know better, like government economists -- have been sold GDP as the economy's high score. (Think of Il Sorpasso, when Italy's GDP first passed England's.) It was never intended as more than a best guess, and is one of the many temporary measures for WWII that are still with us today...