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lazide 2 hours ago

Also smaller. The ‘waste’ also counts towards GDP, as long as the money keeps moving.

Lots of people have built homes and families off it.

What really slows an economy down is when money stops moving.

embedding-shape an hour ago | parent | next [-]

> The ‘waste’ also counts towards GDP, as long as the money keeps moving.

Honestly, that explains a lot. Vastly different perspective from what I'm used to, but useful insight into the US.

yencabulator 2 hours ago | parent | prev [-]

That's an argument for U.S. healthcare insurance industry being a good thing. Uhh.. no?

lazide an hour ago | parent [-]

It certainly pads a lot of people’s wallets! Like anything, it’s about what trade offs, when, by whom, etc.