1 year ago20 points(+0/-0/+20Score on mirror)2 children
Even if 98% of people in this country were minimum wage slaves to one big corporation or two, they’d tell you the GDP is top notch so we are living it up.
1. It's not consistent. They keep changing the formula. Then they manipulate data in their extrapolation.
During the Barry Soetoro sodomite Obama regime they changed the formula for GDP at least twice to avoid reporting negative GDP growth. So they toyed with the formula to avoid the negative press about declining GDP because OBOZO the homosexual folk nigger stretched out a recession from 2009 until 2016. That was an 8 year recession that people forget about. Then things boomed under Trump first term until the scamdemic hit. They manipulated the GDP formula again so that Trump couldn't brag on 3% annual GDP growth
>the US in 2013 made a big change to its GDP accounting when it added both artistic creation and research and development to the total, which it had never done before. The change came because the international standards, the System for National Accounting, changed in 2008 and the US wanted to make sure its statistics would remain comparable to the rest of the world’s https://www.vox.com/2014/6/20/17587412/gdp-formula-ever-changed
2. GDP includes government spending. Therefore it incentivizes governments or politicians to spend more money to increase GDP. A far more beneficial metric for a Supreme White Nation would measure how efficient the government spending is per capita while still providing basic public services to establish civility.
1 year ago6 points(+0/-0/+6Score on mirror)1 child
GDP is like IQ. It's a good indicator of potential success, but when you train to artificially boost your scores, without actually improving what the score is supposed to measure, it becomes meaningless.
Goodhart's law: "When a metric becomes a target, it ceases to be a good metric".
I would call rising GDP a proper accident of a healthy society. You always have to scrutinize how things are changing to know if society is being degraded. Otherwise you might call a fire sale deflation or a crack up boom prosperity. A healthy society should be the goal and economic liberty is essential to that.
GDP is a jew metric
1. It's not consistent. They keep changing the formula. Then they manipulate data in their extrapolation.
During the Barry Soetoro sodomite Obama regime they changed the formula for GDP at least twice to avoid reporting negative GDP growth. So they toyed with the formula to avoid the negative press about declining GDP because OBOZO the homosexual folk nigger stretched out a recession from 2009 until 2016. That was an 8 year recession that people forget about. Then things boomed under Trump first term until the scamdemic hit. They manipulated the GDP formula again so that Trump couldn't brag on 3% annual GDP growth
>the US in 2013 made a big change to its GDP accounting when it added both artistic creation and research and development to the total, which it had never done before. The change came because the international standards, the System for National Accounting, changed in 2008 and the US wanted to make sure its statistics would remain comparable to the rest of the world’s https://www.vox.com/2014/6/20/17587412/gdp-formula-ever-changed
2. GDP includes government spending. Therefore it incentivizes governments or politicians to spend more money to increase GDP. A far more beneficial metric for a Supreme White Nation would measure how efficient the government spending is per capita while still providing basic public services to establish civility.