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Democratic Primaries
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Congratulations to our presumptive Democratic nominee, Joe Biden!
Andrew Yang Policy on IMPROVE THE AMERICAN SCORECARD
Traditionally, the economy has been measured by looking at the GDP or the stock market. Employment rates and household income are also used to measure how the average worker is doing.
However, even the creator of the GDP admits that it doesnt really reflect the full story. And, as economic inequality rises and the fruits of societys labors accrue to fewer individuals, its become obvious that we need to expand our definition of economic prosperity past a single number. The bottom 80% of Americans only own 8% of stocks and rising GDP has virtually no relationship with each citizens wellbeing.
When you measure something, you implicitly set your policy goals. By focusing our measurement on GDP, weve promoted production over all else. Its time to start measuring economic prosperity using a wider index that measures human as well as monetary indicators, such as (but not limited to):
Quality of life and health-adjusted life expectancy
Happiness/Well-Being and Mental Health
Underemployment
Income Inequality
Consumer and Student Debt
Work and civic engagement levels
Volunteerism
Infant mortality
Quality of infrastructure
Access to education
Marriage and divorce rates
Substance abuse and related deaths
National optimism
Personal dynamism/economic mobility
https://www.yang2020.com/policies/measuring-the-economy/
If I were to vote in a presidential
primary today, I would vote for: Undecided
primary today, I would vote for: Undecided
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Andrew Yang Policy on IMPROVE THE AMERICAN SCORECARD (Original Post)
Sherman A1
May 2019
OP
drray23
(7,637 posts)1. thats a good point. However, all of these indicators are already available one way or another
For example, there are numerous studies/rankings about quality of life, life expectancy, healthcare etc.. What is lacking is a place where they are all agglomerated to show the full picture.
This will help but not solve the problem. A significant part of americans would not be receptive to some of that, many can not interpret a simple graph or understand statistics.
That is why charisma and the art of translating sophisticated indicators or policies into a language that can resonate with the electorate is critical.
If I were to vote in a presidential
primary today, I would vote for: Joe Biden
primary today, I would vote for: Joe Biden
drray23
(7,637 posts)2. further thinking about that this is a great opportunity for a data scientist
to create such a website. americanscorecard.com or something like that.. which would gather up all those statistics in simple, colorfull graphs.
If I were to vote in a presidential
primary today, I would vote for: Joe Biden
primary today, I would vote for: Joe Biden