On Thursday morning, MSNBC economic analyst Steven Ratner painted a dark picture of what he expects will happen if Donald Trump win's re-election in less the two weeks.Standing before a big display that blared "Trump's Plan Will Crater Economy," the investment analyst claimed voters could find thems...
GDP doesn’t measure how well an economy is working. It doesn’t show you wealth inequality, for example.
So now you, like Biden, don’t want GDP to define a recession?
Se need something that considers wealth distribution
I’m replying to a thread about Biden arguing that GDP shouldn’t be the only indicator of economic health, but if we’re dogmatically looking at GPD, GDP is not in a classic “recession” territory.