3 ms·
Government Spending is included in GDP and government services have value to a society. It is not simple just a management fee because instead of being used to
by supercanuck 6y ago
Government Spending is included in GDP and government services have value to a society.
It is not simple just a management fee because instead of being used to purchase a luxury goods it may be used to improve healthcare, infrastructure or regulating industry.
If it wasn’t for government investing into DARPA none of these startups would even exist.
- logicchains 6y agoIn the US the vast majority of government spending is on defence and welfare: https://www.cbo.gov/publication/56324 https://www.cbo.gov/publication/56324 .
- supercanuck 6y agoDARPA was defense.