Birdwatch Note Rating
2024-11-28 12:12:12 UTC - HELPFUL
Rated by Participant: C0F243002773AB5C9DC7B268920C28A2AF42EB0C83BBED4B32CEF7DDB270CCB0
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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