Fun fact: when the government spends money, it adds to the GDP. f the private sector makes a hammer and someone pays $5 for it, then it adds $5 to GDP. If the government pays $100 for the same hammer, it adds $100 to GDP.
Fun fact: when the government spends money, it adds to the GDP. f the private sector makes a hammer and someone pays $5 for it, then it adds $5 to GDP. If the government pays $100 for the same hammer, it adds $100 to GDP.
No wonder the GDP of 'Murica is so high then.
This just solidifies my suspicion that stating the success of an economy by citing its GDP is pretty much like citing Wall Street record numbers to support a case that Main Street is doing great.
USA nowadays is eerily like China, only our "Potemkin Villages" once were thriving business districts until the coof culture turned them into ghost towns. That blows.
No wonder the GDP of 'Murica is so high then.
This just solidifies my suspicion that stating the success of an economy by citing its GDP is pretty much like citing Wall Street record numbers to support a case that Main Street is doing great.
USA nowadays is eerily like China, only our "Potemkin Villages" once were thriving business districts until the coof culture turned them into ghost towns. That blows.
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