silly thoughts to ponderWhy do people look at economic stats in measuring success?

Principles are much more important. Stats are flawed. And, even if the people who look at stats as a god, there is context.

If a basketball player scores 40 points, most people will say that is good. But, look at the stats. There's a huge variation. If a player went 20-20, it may be one of the best games ever. If a player went 20-80, that is not even good.

Same goes for economics. If the economy grows 3%, that is generally respected as good. But what if the economy only grew like that because the government run up a debt 10 times the highest ever? Isn't this a factor? Wouldn't the growth be silly to even reference to?

Thoughts to ponder.
People are materialistic, but your argument constitutes failure
*Excuse me for my typo, the world is an imperfect place.
Btw your argument is rigsilly thoughts to ponderht, essentially what you are doing is repeating Hazlitt's one lesson
or if the economy grows by 10% but 9 of that 10 goes to only 1% of the populace. -- not sustainable.
While avoiding the commodification of everything, it's also important to know which statistics you choose.
Generally speaking yes, but when you take into account that the current administration has spent more in 2 months than all the previous administrations combined, you have to realize that things are going to get much much worse. We're looking at a crash of catastrophic proportions here not just the normal economic ebb and flow. We have to print more bills which means massive inflation and when we default on the $ we've borrowed we'll bottom out quickly. Growth is not silly to reference to when you realize the kind of massivsilly thoughts to pondere debt we have. Even if the feds made the income tax rate 100% it would not even cover the interest on the debt we have now. When you have the normal ups and downs in an economy all of what you're saying applies but when the unemployment rate is still hovering at 9.1% not counting the people who have given up on work you know taxation is not going to increase revenue because there's not enough people contributing to the tax base. The massive spending is at fault. The kind of change we're looking at reaping from Obama is of catastrophic negative proportions because of all the spending. The libs really believe debt is just a number but we will at some point default. Even 100% taxation will not save us now!!!