this post was submitted on 05 Feb 2024
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[–] PanArab@lemmygrad.ml 36 points 2 years ago (2 children)

Doesn't the US count things like the excessive healthcare costs into its GDP?

[–] idkmybffjoeysteel@hexbear.net 33 points 2 years ago (1 children)

it also counts debt and financial services lol, so the more times you re-sell somebodys mortgage, the more "productive" the economy is

[–] space_comrade@hexbear.net 27 points 2 years ago* (last edited 2 years ago)

Also the bloated contracts the US military contractors get where everything is twice as expensive than it needs to be.