2 ms·
U.S. total public spending is around 40% of the GDP. [1] [1] https://www.imf.org/external/datamapper/exp@FPP/USA/FRA/JPN/GBR/SWE/ESP/ITA/ZAF/IND https://www.im
by hartator 4y ago
U.S. total public spending is around 40% of the GDP. [1]
[1] https://www.imf.org/external/datamapper/exp@FPP/USA/FRA/JPN/GBR/SWE/ESP/ITA/ZAF/IND https://www.imf.org/external/datamapper/exp@FPP/USA/FRA/JPN/...
- mschuster91 4y agoSo what? It's not like that money is lost. It ends all back in the economy because people spend their wages.
- logicchains 4y agoMoney is just paper. The _value_ is lost; if the government buys itself a banana, that's one less banana available to the people.