• nifty
    link
    214 months ago

    So, things like this prove that the U.S. GDP is a made up spreadsheet illusion.

    It might be that FEMA and DOE cutbacks are something both Republicans and Democrats want. Otherwise I cannot think why these politicians are speed running ruining institutions which ultimately lead to economic productivity.

    Helping people live in a stable condition after a disaster (FEMA) leads to more productivity.

    Helping workers be educated and skilled leads to more productivity.

    It seems like someone wrote a plan on how to effectively make America lose its economic power, and Republicans are just eating it up.

    • @[email protected]
      link
      fedilink
      94 months ago

      The short term profit is king, because they don’t know if they’ll be re-elected.

    • @[email protected]
      link
      fedilink
      English
      34 months ago

      The only reason we prioritize GDP is because of a post-facto rationalization for the Nixon Shock.