Re:Payroll employment rises by 353K in January; unemployment...
by leereeves on Friday February 02, 2024 @05:25PM
(#39235288)
The problem is that GDP doesn't measure the distribution of economic activity.
And reducing economic inequality might reduce GDP even as it improves the lives of poor people. Forcing people to work harder is good for GDP even if it isn't the best thing for the workers.
And reducing economic inequality might reduce GDP even as it improves the lives of poor people. Forcing people to work harder is good for GDP even if it isn't the best thing for the workers.