Even Simon Kuznets, the economist who came up with concept of Gross Domestic Product, warned against its use as a generalised barometer of economic and societal health. The credibility of the metric has taken further damage over the past few years as the lived experienced of many of us contradicted the commentary from the cultural elites.
This post has a chance to put a nail in the coffin of the measure, so well worth a read for us here. It is not without flaws itself, so also read the rebuttal
Errors in Palladium’s “How GDP Hides Industrial Decline”