Birdwatch Note Rating
2024-11-28 13:24:20 UTC - HELPFUL
Rated by Participant: 73E95CE80DF48E8D3912FB2C4C447DAD7174FA23FB5B3731E4220B717F02E0E2
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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