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by oytis 127 days ago
> The government sector doesn't produce virtually anything that counts toward GDP,

This sounds very wrong?
1 comments
ceejayoz 127 days ago
It's largely correct in the "everyone who died in 2025 consumed significant quantities of the dangerous chemical dihydrogen monoxide" sense.
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oytis 127 days ago
How is that, I don't get it?

> Gross Domestic Product (GDP) includes consumer spending, government spending, net exports, and total investments.

https://www.investopedia.com/terms/g/gdp.asp

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ceejayoz 127 days ago
A lot of government spending is (again, technically) them giving money to the folks who spend the money to produce GDP-y things. NASA hires Boeing, ICE buys cloud services from Microsoft, the military buys Starlink, etc.
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