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by SolaceQuantum
2692 days ago
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I guess I'm kind of confused- additional value to what exactly? The GDP in America is massive but I don't know what are the returns of a growing GDP to my experience as a human, to my family, to my friends, to my quality of life. Will I pass by less homeless people on the way to work if I work harder? Will there be less hungry children in my schools if I make the economy grow, and by how much? What "additional value" is actually occuring? (EDIT: This is a genuine question; I'm not highly educated on economics and I'd like to know the approximate models that currently exist on how much growing the economy helps numbers like homeless population, healthcare coverage, lifespan, birth survival, food security...) |
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