You are viewing a single thread.
View all comments View context
2 points

I’m not an economist, as such I don’t understand all the nuances for gdp but it seems every time a dollar trades hands, it impacts the gdp.

The problem is a lot of its funny money.

We also base our budgets on gdp. As such it’s screwy as we spend like all of its being taxed.

Military is 3% gdp which doesn’t place us in the top 10 for spending. Yet on dollars we are the highest spender by far but we don’t collect enough to cover our debts.

permalink
report
parent
reply

Community stats

  • 1.2K

    Monthly active users

  • 1.3K

    Posts

  • 2.1K

    Comments

Community moderators