Reply #12: Here Are The Metrics I Use

[ProfessorGAC]

Productivity per capita (not per worker)
Employment Saturation
Proportion of Households Below the Poverty Line
Multiples of the Poverty Line That Represents Median Household Income
Total Inflation, Including Direct Energy & Food
Fraction of GDP That Rerpesents M1 (An indicator of velocity)
Fraction of GDP Growth Represented by Increase in Fed. Deficit

Yes, during the Clinton administration, these values were all superb. The values peaked high (where high was good and dipped low (likewise) in 1998 & 1999.

The ideal economy is one in which real wage improvements exceed inflation for at least 5 years; employment is very low; internal productivity exceeds 75% of consumption; velocity of money is at least 5.

How's that?
The Professor