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Also smaller. The ‘waste’ also counts towards GDP, as long as the money keeps moving. Lots of people have built homes and families off it. What really slows a
by lazide 9mo ago
Also smaller. The ‘waste’ also counts towards GDP, as long as the money keeps moving.
Lots of people have built homes and families off it.
What really slows an economy down is when money stops moving.
- yencabulator 9mo agoThat's an argument for U.S. healthcare insurance industry being a good thing. Uhh.. no?
- lazide 9mo agoIt certainly pads a lot of people’s wallets! Like anything, it’s about what trade offs, when, by whom, etc.
- embedding-shape 9mo ago> The ‘waste’ also counts towards GDP, as long as the money keeps moving. Honestly, that explains a lot. Vastly different perspective from what I'm used to, but useful insight into the US.
- lazide 9mo agoYup. It can be pretty brutal living it too. But most places are, frankly, in their own ways. Still way easier than India, for example, where the answer is often either the same or ‘try to scam your way around the problem’ if you can’t.