GDP is a big fat lie. Why do economists still use such a FALSE measure of wealth such as GDP ? A real measure would be simply the ratio between minimum pay and minimum amount of money needed to rent a one bedroom home. If you plot this ratio wage/rent from 1970 to now you will see that it was once (in the USA) maybe 400/100 dollars and now is 800/400. So it went from 4 to 2 in 30 years, about 2% less each year. The real growth of our wealth is MINUS 2% each year. In Europe and Japan it is way worse maybe MINUS 3%. So the real wealth is constantly DECREASING with no end in sight! Reasons are : 1) constant population increase looking for homes (people from poor nations getting in USA and Europe) 2) Capitalism getting harsher, companies squeeze all the profits they can from real estate , by renting ever higher and opening and closing offices to squeeze profit from poor people that have to rent or buy homes to work in central cities like chicago tokyo. 3) Gas and other resources costs always more. We are all getting poorer and there is no end in sight, it is a race to the bottom.