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The GDP Illusion: Why Economic Growth Is Losing Its Meaning

The GDP Illusion: Why Economic Growth Is Losing Its Meaning Authored by Peter Reagan, Politicians celebrate GDP gains as proof of a strong economy. But if “growth” just means paying more for groceries, gas, and utilities, are we really better off? Here’s why GDP is a mirage – and why what h......

Source: Zero Hedge

Original URL: https://www.zerohedge.com/economics/gdp-illusion-why-economic-growth-losing-its-meaning