Birdwatch Note Rating
2024-11-28 11:31:33 UTC - HELPFUL
Rated by Participant: D0700E6E1C99B3C3CED228484BD5AD7821DCB16F5253FF2D83C496B4AF4977B3
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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