• Neuromancer@lemm.ee
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    1 year ago

    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.