[Mariner]

Our statistics have been corrupted, likely deliberately.

ALL INCREASES IN POPULATION INCREASES GDP

Welfare payments (to include SS), Medicare, Medicaid And every form and manner of Government spending are counted towards GDP.

And every dollar of that is counted twice, once when it’s earned from the civil economy, and once when it’s spent by government. In fact, $4 trillion is counted twice.

Even though over $1 trillion is borrowed.

Our “real” GDP is actually $4 trillion lower than reported.

https://courses.lumenlearning.com/boundless-economics/chapter/comparing-real-and-nominal-gdp/

[Reeses]

Money is data about energy. Producing wealth requires consuming energy. GDP and total energy consumption are pretty close to the same thing. Economists might be better served looking at total energy consumption rather than funny money. Nobody fakes buying energy. For a better quality of life the focus should be on finding cheaper energy, using it more efficiently, and encouraging more consumption of it.