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Author Topic: How much your money can buy, is economic progress.  (Read 8 times)
Cryptomultiplier (OP)
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Today at 07:10:50 PM
 #1


As the image highlights a major part of the economic situation in this country has so far experienced from then till now, it points to a major concern that has much been a debate about how economic progress of a country can be measured. It highlights the minimum wage amount of then for serving corps member before versus now.

For me, it really isn't about the GDP nor about how much the citizens earn, nor about how much the minimum wage has increased overtime, but it is more about how much the money you earn can buy or afford things you need for survival.

Do you think there's a controversy to this or there's better economic metrics to measure the economic progress of this country than just how much your money can afford or buy?

Your opinion is welcomed!

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