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by t_mann
1423 days ago
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Btw, since this is a common misconception: the cost for repairing / replacing corroded metal actually increases GDP. It's not clear from the article what they mean by 'costs' (they could also mean how many other goods weren't produced because of corrosion damage, which would be lost GDP), but that's something to be aware of. |
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I have spent so much more money on stainless and galvanized parts and taken many expensive precautions, followed expensive building practices, etc. due to rust.
This was increased economic activity.
Not saying it was morally positive but it certainly increased GDP ...