Birdwatch Note Rating
2024-11-29 13:34:39 UTC - HELPFUL
Rated by Participant: D34315DDA05F14300F41F6F8B7569A604E7A99D145DBF7C494255D8967DF55AA
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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