Originally posted by Imran Siddiqui
Yes, that's nice, but GDP is the gross domestic product. That determines if the economy is doing better. You could have less poverty numbers, but the economy could still be in the ****ter. However, with a rise in GDP, the economy, by definition, gets better. So nominal poverty numbers are irrelevant to determine if the economy is better. GDP is the number to look at.
Yes, that's nice, but GDP is the gross domestic product. That determines if the economy is doing better. You could have less poverty numbers, but the economy could still be in the ****ter. However, with a rise in GDP, the economy, by definition, gets better. So nominal poverty numbers are irrelevant to determine if the economy is better. GDP is the number to look at.
Comment