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Re:The puzzle of Europe by mytailorisrich on Monday March 08, 2021 @04:52AM (#26383919)
Well, GDP is at least a good metric to estimate the capacity of a country to finance good public healthcare, transport, education, etc. If GDP does not grow, with time it will be more and more difficult to finance all of these services because of inflation, etc.

GDP is a measure of production and thus an indication of spending power (you need to earn before you can spend).

Whether a country chooses to use its economic output to finance these services is another question.

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