> we can have an increase in GDP thanks to an increase in state (+SS) spending
This is juicing the metrics. Not changing the metrics.
Juicing is real. Changing is mostly a conspiracy among the uneducated, at least in America.
This is juicing the metrics. Not changing the metrics.
Juicing is real. Changing is mostly a conspiracy among the uneducated, at least in America.
Edit: Since I can't reply, if your measure doesn't account for unsustainable practices, then its not really a measure, or you're intentionally "changing" the measure to leave out accounting for unsustainable practices. Measuring growth in a fund when its all just a ponzi scheme isn't how we measure fund performance on a report. If this is done, its either intentional or incompetent. Either, is very bad when dictating policy.
This is obviously untrue. An owner of a timber forest may measure how many trees they cut down each year. If they double the rate at which they cut down trees, that doesn't mean the way trees are counted has changed. It means they're harvesting unsustainably.
> then its not really a measure, or you're intentionally "changing" the measure to leave out accounting for unsustainable practices.
No, it's the nature of measures. What gets measured gets managed. The measure is still useful, it's just being read without context.
The degree of unsustainability is widely discussed because there are other measures, also collected and disseminated and picked apart, that characterise it. If you're making personal, commercial or policy decisions based on the headline metric, you should learn more about how to read the metrics as a whole. That isn't a problem with the measures, it's one of education.