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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (128883)12/17/2012 10:35:47 PM
From: LLCF  Read Replies (1) | Respond to of 149317
 
Too bad we only really measure GDP to determine our economic health.>

Yea... while laughable by almost any standard this "new agey" idea of measuring "happiness" actually probably makes as much sense as GDP the way the term is used today. There are constant examples over the years, but lately the housing sector is a classic... there is virtual unanimous agreement that speculative, over leveraged, over optimistic building and buying was happening... yet when prices come back to reality and builders stop building (huh!) it's just dreadful, and we give incentives to get people to buy more?

Yea, seems like the whole country talks about "growth" without having a clue as to why it's even "good" or not... "get the country growing again", "get the country moving again".... huh!!??? We just sprinted a marathon over the last 26 1/2 years... I'm taking a salt bath!!

DAK