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by twblalock 3476 days ago
Nobody said that pursuing GDP inflation was actually a good idea. It's just an example of how GDP and income are not the same.
1 comments

I don't know what you are reading but that post had nothing about income or the relationship between individual income and GDP:

>Increasing the GDP is easy. First, pay me 50$ to dig a hole. Then I pay you 50$ to fill the very same hole. We created nothing but the GDP increased by 100$ (well, tax aside).

there's nothing about individual income there.

Yeah there is. People are getting paid to dig holes.