You know you're overstating the role that GDP can play as a welfare metric when you say the economy as a whole is stronger now than before the pandemic...
https://twitter.com/SecFudge/status/1479894984807657481
There are fewer jobs, more unemployment, more inflation, more government debt, more bankruptcies, worse schooling, less access to healthcare, worse mental health, greater illness and 800,000 lost souls.
This isn't political—it's the virus's fault.
But the economy ain't stronger
This isn't political—it's the virus's fault.
But the economy ain't stronger
The lesson here is that anytime you talk about "the economy" without talking about actual people and their lives, you're inviting faulty reasoning.
The economy is us. If our lives aren't better, the economy's not better.
The economy is us. If our lives aren't better, the economy's not better.
Think about it this way: Who among us wouldn't trade our present circumstances for those in late 2019? Sure some people have gained. And some of our losses are partly offset by other gains. But I suspect the vast majority of us would choose the pre-pandemic version of our lives.
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