What makes an economy objectively “good”? People seem to complain about the economy being “bad” all the time but who/what determines if it’s truly “good” or “bad”?

1.26K viewsEconomicsOther

What makes an economy objectively “good”? People seem to complain about the economy being “bad” all the time but who/what determines if it’s truly “good” or “bad”?

In: Economics

13 Answers

Anonymous 0 Comments

Getting handed a bunch of free Covid money that dramatically boosts your discretionary income is apparently the new normal and anything that isn’t that is an awful economy.

Jobs are plentiful and well paying.

Housing and medical care are the core problems. Beyond that the economy is good by any historical measure.

You are viewing 1 out of 13 answers, click here to view all answers.