Tucker Carlson on Japanese Economy VS American Economy
If you want a measure of how your economy is doing, I personally favor eliminating GDP as a measure. I don’t even know what that is. It’s clearly not relevant. They tell me Japan has a stagnant GDP. Have you been to Tokyo? It’s the single most radicalizing experience you’ll ever have because it’s just so nice. You lost the war. Really? Can we lose a war? Wind up like this? GDP? No. I don’t know what even that is. The total economic activity. Oh, no. No. My measure is really simple. I’ve got a bunch of kids. Can they afford houses with full-time jobs at like 27, 28? And the answer is no way. And the answer is that 35 year olds with really good jobs can’t afford a house unless they stretch and go deep into debt. And I just think that’s a total disaster. That’s a complete disaster.
Tucker Carlson argues that GDP is an irrelevant measure of an economy’s health. He suggests the real test is whether young people can afford to buy homes with full-time jobs. #TuckerCarlson #GDP #HousingCrisis #Japan #stagnation #housing
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