Quote:
Originally posted by Locobot
GDP growth is not the only measure of economic prosperity. If fact it's not a particularly accurate measure. Check out jobless rates, hunger, and poverty indexes if you want a more complete picture. A guy at work is always hyping me about the rebounding stock market. When I ask him if he owns stock he shrivels, he doesn't. When high-paying middle-class jobs that provide for healthcare and retirement start to reappear I'll start believing in Bush's "economic vision."
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ROFLMAO. You claim the broadest measure of economic activity is inaccurate and point to very narrowly focused lagging indicators as better measures? Please. You need to look at all indicators and gauge their relative influence during any given time frame. If you don't believe that recent GDP performance isn't a key piece of the puzzle you are sorely mistaken.