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by throwaway210222
1798 days ago
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> I'm keeping a weather eye out for the day that the majority of US spending is done by the government. These folk [1] says it was 31% in 2020. If you subtract the ~$6 trillion of bogus GDP from 'hedonic and imputed' adjustments [2] (as one must), then you are probably already there. Welcome tovarisch. [1] https://datalab.usaspending.gov/americas-finance-guide/spend... [2] unless you thin $6t of home mortgage payments that never happened and improved electronics is describing the same thing as entire GDP of Japan. |
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