• mozz@mbin.grits.dev
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    6 months ago

    I can’t explain it any different way than what I already said in quite a few messages now. If you want to measure economic performance, then you should measure people’s wages, inflation, housing costs, and other concrete numbers.

    Asking people whether they feel like the economy is good is also relevant, for a few different reasons, sure. And you need to make sure you’re measuring the right metrics (e.g. wages at particular percentiles and not the stock market), sure. But you obviously shouldn’t let how people feel things are going, override the actual numbers of how things are going, when you’re talking about how to make economic progress.

    You can disagree with that if you like (and it seems like you do), but I don’t feel like going back and forth with you about it any further.