I'm starting to think current measures of "the economy" are bogus. It can't grow indefinitely - that's probably just inflation. If you measure productivity in hours rather than dollars, inflation gets a more direct measure: how many hours do I need to work to buy food?
Making a better product than last year is also a strange way to claim growth.
Making a better product than last year is also a strange way to claim growth.
What would be a better measure?