* Many economic statistics are BS – hiding inflation, unemployment, exaggerating GDP.
* GDP measurements ignore debt. If you’re on the verge of bankruptcy and get a million dollar loan and spend it, your GDP is a million dollars.
". . . a republic, if you can keep it."
* Many economic statistics are BS – hiding inflation, unemployment, exaggerating GDP.
* GDP measurements ignore debt. If you’re on the verge of bankruptcy and get a million dollar loan and spend it, your GDP is a million dollars.