Comment Comment by rahimnathwani GDP counts government dollars at face value.But is a government dollar really as productive as a private sector dollar?$1b billion for the local school district. Compare that to $1 billion spent by a private operator?Standard GDP might overstate. Maybe you need a 50% haircut on government spending in the calculation. parent rahimnathwani 1 year ago
But is a government dollar really as productive as a private sector dollar?
$1b billion for the local school district. Compare that to $1 billion spent by a private operator?
Standard GDP might overstate. Maybe you need a 50% haircut on government spending in the calculation.