338
you are viewing a single comment's thread
view the rest of the comments
[-] Hildegarde@lemmy.world 63 points 3 months ago

If the economy is booming and the median american is struggling, your metrics for analyzing the economy are faulty.

[-] ArbiterXero@lemmy.world 24 points 3 months ago

100%

We’re measuring our economy by how much can be siphoned off by investors.

That’s a really shitty measure.

I mean at this rate, why don’t we measure it by how many oranges the average citizen can squeeze up their ass?

[-] NovaPrime@lemmy.ml 7 points 3 months ago
[-] Dhar@lemmy.ca 2 points 3 months ago

They said "average", overachiever

[-] freshcow@lemmy.world 14 points 3 months ago

Couldn't agree more. "Economy" is just code for rich people's stocks at this point.

It’s just Goodhart’s Law:

When a measure becomes a target, it ceases to be a good measure.

this post was submitted on 04 Jun 2024
338 points (96.7% liked)

A Boring Dystopia

9592 readers
1911 users here now

Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

Rules (Subject to Change)

--Be a Decent Human Being

--Posting news articles: include the source name and exact title from article in your post title

--Posts must have something to do with the topic

--Zero tolerance for Racism/Sexism/Ableism/etc.

--No NSFW content

--Abide by the rules of lemmy.world

founded 1 year ago
MODERATORS