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Date: 2024-07-17 Page is: DBtxt003.php txt00018749

@AOC Action Agenda
Cancel Rent

Cancel Rent discussion April 27. 2020

Burgess COMMENTARY

Peter Burgess
Chat Conversation Start 1.1M people like this including Suzi Pomerantz and 8 friends Interest 7:18 PM I just watched today'c call to action with respect to #CancelRent. This should be a no-brainer for political leadership but, of course, it is not. Alexandria ... I am about 50 years older than you, but you have more wisdom than most of my contemporaries. I want to help as much as I can, and within my abilities. Specifically I want to change the way we quantify economic and financial performance and replace it with what I call TrueValueMetrics.org (TVM) ... where social profit and environmental profit are as important as economic or financial profit. People want a profitable life where that includes social profit (the children) environmental profit (responsible consumption) and economic profit (enough income to pay the bills with some surplus to put aside for a rainy day). I want to see US statistics not only for the country as a whole, but for the top 10% and the bottom 90%. The top 10% is richer and earning more each year than any part of the world ever. The bottom 90% has been slipping backwards for the past 40+ years and by most measures is perhaps the lowest performing of the OECD countries. I believe metrics matter ... and my dream is to encourage a revolution in how we do the metrics so that the stark realities of a failing America (and indeed a modern world) can be addressed. One of the things I have been thinking about is quantification of the GND using TVM thinking, but this has been overtaken by the immediacy of the COVID-19 economic catastrophe.
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