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Should government spending count as GDP? Milton Friedman and Murray Rothbard said no. Because government spending cooks the books, making it look like we get poor when we cut waste, deport welfare cases, and end pointless wars. So what does GDP look like without government?

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Peter St Onge, Ph.D.

308,742 subscribers

385,277 Aufrufe • vor 1 Jahr •via X (Twitter)

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11 Kommentare

Profilbild von gold&silver spartan👑🦍💰
gold&silver spartan👑🦍💰vor 1 Jahr

I agree with them

Profilbild von Vance Ginn
Vance Ginnvor 1 Jahr

Imagine a government where big government doesn't burden your future with excessive spending, taxes, and regulations. Here's how... 👇

Profilbild von Ross McLean
Ross McLeanvor 1 Jahr

@profstonge look at Canada GDP real estate makes up a massive part of it, and we have massive corruption and money laundering driving up real estate prices

Profilbild von MindyT
MindyTvor 1 Jahr

Absolutely not

Profilbild von M04267422
M04267422vor 1 Jahr

No

Profilbild von Gary Brode
Gary Brodevor 1 Jahr

I agree. Government spending is how Congress creates the illusion of economic growth. We have a Potemkin economy where waste and fraud is treated like production. Growth in debt > growth in GDP meaning the productive private economy has been in recession (shrinking) for a while

Profilbild von Travis Frailey
Travis Fraileyvor 1 Jahr

"Which is retarded." 😆 love it!

Profilbild von bgrayfromfl
bgrayfromflvor 1 Jahr

"...which is retarded..." I love this. Everyone works for government and GDP will go up, lol!

Profilbild von truthbold
truthboldvor 1 Jahr

The only way to adjudge productivity is whether someone is willing to give their OWN money for a product. Every penny of government spending is stolen from UNwilling people. So the answer is no.

Profilbild von Thomas Gallagher
Thomas Gallaghervor 1 Jahr

Good morning !!!

Profilbild von Ben P
Ben Pvor 1 Jahr

I believe if you remove government spending from the equation the US hasn't had a year of positive GDP growth since 2015

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