Tim Knowles
1 min readJan 11, 2025

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Not just people struggling to feed their families. A much larger group of people understand that the government numbers mean almost nothing to them. GDP, CPI and the employment rate do not reflect people's lived experience. GDP is dominated by large companies, banks and investment firms. CPI underestimate inflation for working class and poor people and employment rate does not include people who have given up looking for a job or who would like to work but can't because of the cost of childcare.

Instead of using GDP for measuring the health of the economy we should use the Happiness Index.

The Happiness Index is a comprehensive measure of well-being and happiness based on survey results. Respondents rate their happiness on a scale from 0 to 10, and the index is calculated by averaging their responses. It has been used globally and is featured in the World Happiness Report.

GDP is for bankers; Happiness is for real people.

TEK

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Tim Knowles
Tim Knowles

Written by Tim Knowles

Worked in our nations space programs for more than 40 years

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