GDP- god damn progress

"There clearly is going to be an impact on GDP in the short run. We will make it up as we rebuild. That will help GDP."

-- Treasury Secretary Steve Mnuchin

In the short term, ...disasters do indeed cause harm to the economy, but after the initial shock they’re more likely to have a net positive impact on the country’s Gross Domestic Product (GDP).

Welcome to the cruel, topsy-turvy economic logic of a civilization facing the risk of collapse. As millions of people increasingly suffer the devastation of climate breakdown, we can expect the economy—as measured by conventional benchmarks—to maintain and even strengthen itself right up to its breaking point.

-- Jeremy Lent

the-cruel-topsy-turvy-economics-of-collapse