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8/09/2022 01:25:00 PM
The biggest two sectors of our GDP are "finance insurance and real estate" (aka FIRE) and "professional services", which as we all know is mostly bullshit in terms of benefit to regular people's lives. And rent on its own is normally about 12% of the GDP. So yeah, GDP isn't really a good metric in terms of actual well-being or value to people, but for some reason we're supposed to worry about it.