Birdwatch Note Rating
2024-11-28 16:22:26 UTC - HELPFUL
Rated by Participant: C34198A17E68CDADBCC96413CA7D2D33655CE349EFF8ABD7A87DD84867A12B90
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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