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yet total government revenue as a percentage of GDP has been pretty stable since then I'd be very careful using GDP for anything. A while back I took a look at
by dmpk2k 14y ago
yet total government revenue as a percentage of GDP has been pretty stable since then
I'd be very careful using GDP for anything. A while back I took a look at the finer details of how GDP is defined by the US government, and more importantly, how that definition has changed over time.
I wouldn't trust GDP further than I can throw a truck. As a metric it has become nearly useless, and (I feel) highly deceiving.
- im3w1l 14y agoWhere can I read more about this?