4 ms·
That's so laughable a statement I don't know where to begin. Maybe the private sector cares about it less (questionable in itself given how the stock market obs
by pishpash 4y ago
That's so laughable a statement I don't know where to begin. Maybe the private sector cares about it less (questionable in itself given how the stock market obsesses over recession signals) but governments absolutely use GDP for policy decisions.
- deltree7 4y agocan you name one, please?
- farseer 4y agoDeficit spending, as other posters have pointed out is perhaps one of the biggest policy decision all governments take every year. Its always presented as a percentage of GDP to make it palatable.
- deltree7 4y agoAgain, Can you name one law which ties deficit spending to GDP? Newsflash, We did deficit spending when ratio was 0.2, 0.4, 0.6, 1.0, 1.2 We will do deficit spending when ratio was 1.4, 1.6 or 2