Re:U.S. Changes Visa Process for High-Skilled Workers
by tomjakubowski on Thursday January 31, 2019 @01:16AM
(#19042809)
It averages to $X of value per head, sure. Does the median head actually capture value worth anything close to $X?
Re:U.S. Changes Visa Process for High-Skilled Workers
by isostatic on Thursday January 31, 2019 @05:18AM
(#19043756)
The U.S. has a funny policy of not redistributing the gains of society.
Why not instigate a universal basic income of say 5% of GDP, or $3k a year.
That gives everyone an incentive to have GDP increase, rather than just the wealthiest.
Re:U.S. Changes Visa Process for High-Skilled Workers
by Shaanie on Thursday January 31, 2019 @02:50AM
(#19043192)
That's all well and good if you're the physical manifest of your country. Most people tend to think about whether it's good for themselves, though. Does an increased GDP "trickle down" to the worker?
Re:U.S. Changes Visa Process for High-Skilled Workers
by Firadeoclus on Thursday January 31, 2019 @06:36AM
(#19044071)
GDP measures paid activity but not wellbeing, i.e. "value".
If you know something else that good, you should let us all know. Economists and policy makers scrounge around for stuff that's not a tenth as good as that. 333-1000 things this size make up every single dollar anyone in the United States has ever had. That's all the light bulbs, car makers, services and food you've ever seen.
GDP is the perfect thing to look at, it's our national income.