OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

The GDP Is A Load Of Crap

Posted by Mr.Copper @ 13:58 on July 23, 2019  

If it’s high it still does not raise incomes and tax receipts, or living standards. And if they include retail SALES of imports? Its even more stupidity. More sales higher GDP means more trade deficit.

As far as I’m concerned the REAL GDP has been negative since 1975. Negative growth in wages and living standards. Maybe GDP is simply reflecting global business to business profits. They have been avoiding US labor and US taxes since 1975 imo of course.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.