Comment by gymbeaux
2 years ago
This should be the measure of our country, rather than the Dow Jones Industrial Average.
Incidentally, rehabilitating these traumatized kids-turned-adults would probably have profound positive impacts on the economy (since that's all Jamie Dimon and friends care about).
> This should be the measure of our country
The most important thing about a metric is that we all agree on how to interpret it. While money may not measure exactly the right thing, we can all agree that $50 is $50 regardless of our age, race, gender, upbringing, etc. Take a look at the other comments on this thread. There's hardly any consensus on what this visualization shows. If this was how we measured our country, we'd get nowhere because there's no agreement on what this data means or what to do about it.
Not disagreeing with your point that economic metrics often held too highly above others, but Jamie Dimon has commented a lot on the need to tackle inequality. Even if he's doing so for ulterior reasons, I feel like this is an uncharitable representation of his views.
> Jamie Dimon has commented a lot on the need to tackle inequality.
Good
Let's put him on the BBQ
Talk is cheap