Birdwatch Note Rating
2024-11-28 14:17:49 UTC - HELPFUL
Rated by Participant: 2D8F236AA25D5C0BF1C8A567AB8B2EE8564A77F0571B0B8FB8548FE2FC57EBCF
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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