A simple idea this holiday season.
Stop measuring GDP and instead measure the total income of the bottom 50% of the population and optimize policy for that. Additions and exits from this group can also be tracked. We get what we measure.
Will this raise income inequality? Is absolute real income or relative income more important? How do we balance personal responsibility (Asian women in the US now earn more than white males) vs. systemic bias, social context & inequity in access and expectations plus guidance that exists for certain populations?
