Birdwatch Note Rating
2024-11-28 12:41:27 UTC - HELPFUL
Rated by Participant: D8DA7C09CC494274080678628D0261328E5A352BEBC277BF75609570EF704939
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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