Opinion | The Elite Needs to Give Up Its G.D.P. Fetish - The New York Times - 0 views
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For Americans living through the recent months of crisis, some of the latest economic data may come as a surprise. Gross Domestic Product (G.D.P.) over the past six months remained far above what we could have achieved even a decade ago.
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But rarely have such economic indicators been so entirely beside the point. Seriously: Who cares?
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By Senator Toomey’s and Dr. Strain’s standards, the past few months were the greatest in human history to be alive. The pandemic has allowed more time than ever to enjoy air-conditioning and color televisions, computers and phones. One can joy ride for hours streaming podcasts.
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