Re:America is giving up on the pandemic?
by monadic2 on Monday June 08, 2020 @01:43PM
(#23458766)
I’m not sure why the GDP is a concern, frankly. How does this affect citizens in a material way? That is why I keep bringing up the 401k—to illustrate the absurdity of using an abstract measurement (GDP) to justify material loss of life.
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Re:America is giving up on the pandemic?
by umanwizard on Monday June 08, 2020 @03:40PM
(#23459975)
GDP per capita is one of the most strongly correlated metrics to quality of life.
If you think people are living better in Denmark or Ireland than in Mexico or Turkey, how do you explain this other than GDP per capita?
Again, this has nothing to do with 401ks or the stock market. Some countries have been rich and others have been poor since well before stock markets were invented.
If you don’t think life is better in richer countries than in poorer countries, I’m not sure I can convince you of anything.