Birdwatch Archive

Birdwatch Note Rating

2024-10-10 02:23:25 UTC - HELPFUL

Rated by Participant: 7B3BC89952706D7739FC8749C8EE5943943274AE0ABD84059A4DB3B890B27550
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Original Note:

$100 billion a year would represent roughly 0.4% of the economy, less than US GDP growth in a typical quarter. Even if these resources were not quickly reallocated (which they likely would), this would not constitute a "global recession". https://tradingeconomics.com/united-states/gdp https://en.wikipedia.org/wiki/Parable_of_the_broken_window

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