3 ms·
GDP has never been that great a measure but it makes absolutely no sense to exclude one of the biggest demand factors (government spending). Most people that I
by seanhunter 2y ago
GDP has never been that great a measure but it makes absolutely no sense to exclude one of the biggest demand factors (government spending).
Most people that I know who are credible on this topic pay much more attention to real GDP growth (ie change in GDP after accounting for inflation) than nominal GDP itself.