Birdwatch Note Rating
2024-11-28 14:50:07 UTC - HELPFUL
Rated by Participant: 61646C566BE55EC8838795A342C694D191B486F060573448658BCA7F31ABBE10
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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