this post was submitted on 04 May 2025
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Portfolios, not bank balances, but otherwise that’s what economy means to capitalists. The economic hardship index is what we all actually care about, but that’s never on the news.
Economist here. There’s obviously no single measure of the state of the economy, and if there were, jobs and wages would clearly be a key component. It’s mostly those “left-wing” journalist that will have you believe that one number, GDP growth, represents the state of the economy.
Please provide an example.