Birdwatch Note Rating
2024-11-28 15:59:03 UTC - HELPFUL
Rated by Participant: 06EA18E56F4B30ACBB666658AA01DAE3F8A38DA37D4C5F2A0B05809D4A3B2F4A
Participant Details
Original Note:
The poster assumes all GDP is either wages or taxes. However, much of GDP is in fact corporate profits, rents, etc. Additionally, much UK government spending is on things like healthcare, education, policing, infrastructure, etc, used by workers and their families. https://obr.uk/forecasts-in-depth/the-economy-forecast/income
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