Robert Kennedy's Views On GDP

406 Words2 Pages
When discussing whether or not the GDP (gross domestic product) accurately measures the well being of a country, the textbook portrays that GDP measures the economy’s both total income and the total expenses on goods and services. The textbook also portrays how key figures in history, such as Robert Kennedy, disagrees with the concept of GDP being a “good” measure of an economies well-being. Out of his speech, the statement that gave me further insight to whether or not GDP is useful comes from his statement that proclaims “It measures everything, in short, except that which makes life worthwhile, and it can tell us everything about America except why we are proud that we are Americans”. Although GDP is useful in measuring the overall outcome