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Discussion: (2 comments)

  1. “What’s the point of economic growth if nobody has a job?” And he lavishes praise on how Brazil’s ($12,000 per capita GDP) admittedly leftist government doesn’t spend a lot of time worrying about growth for its own sake, but rather connects it with alleviating poverty and growing the middle class.”‘…

    Nocera is either a liar or a clueless, incompetent boob but then again he works for the New York Times

    GDP is a hot political topic during the silly season just like it is in this country…

    In yesterday’s Washington Examiner: Wall Street adviser: Actual unemployment is 37.2%, ‘misery index’ worst in 40 year

  2. Benjamin Cole

    Well…in China, GDP is booming, but you cannot see the sun in Beijing for the smog, or even hint at dissent for the threat of prison.
    No, measured GDP is not everything…

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