Birdwatch Note Rating
2024-11-28 10:52:34 UTC - HELPFUL
Rated by Participant: 204787A184A65A4DDE5F1161D63F7FCB3775BACA42CBA9D1E2FD28979BCFF34E
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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