A Successful Economy Isn’t Just Capitalists Increasing Their Capital (It’s Your Life, Improving)
If I ask the average American, “how do you think the economy is doing?” they will probably talk to me about unemployment rates, GDP growth, stock markets, and so on. They might even refer, …
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Exactly! What is good economy if it's not felt by the people?
I agree. Here in the Philippines, as an average person, I would say the economy is not good. Seeing situations of the average person/families, crimes everywhere, drugs and poverty makes the country's economy not good even if capitalist say that GDP is growing. They only see the numbers but the situation of their people is not being focused on.
That a problem that economists have! Numbers first, people come later.