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The ten poorest states are all right to work states (sh.itjust.works)

submitted 1 year ago by [email protected] to c/[email protected]

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Source: https://mstdn.ca/@ned/111064882466835001

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[–] [email protected] 2 points 1 year ago

I’m not an economist, as such I don’t understand all the nuances for gdp but it seems every time a dollar trades hands, it impacts the gdp.

The problem is a lot of its funny money.

We also base our budgets on gdp. As such it’s screwy as we spend like all of its being taxed.

Military is 3% gdp which doesn’t place us in the top 10 for spending. Yet on dollars we are the highest spender by far but we don’t collect enough to cover our debts.