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Why GDP is a worthless measure of economic output (media.scored.co)

posted 70 days ago by CaptainTrouble 70 days ago by CaptainTrouble +49 / -0

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– SophiesBoyfriend 5 points 70 days ago +5 / -0

Elon’s favorite joke about GDP:

https://x.com/evafox/status/2033434091450675657

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– CaptainTrouble [S] 3 points 70 days ago +3 / -0

While this is funny and definitely proves a point, it's hyperbole. What I posted is literally happening so I think it's better to convey the message than the shit eating joke.

Economics in terms of how it measures output is incredibly flawed.

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