614
The ten poorest states are all right to work states
(sh.itjust.works)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 15 Sep 2023
614 points (97.4% liked)
unions
1573 readers
25 users here now
a community focused on union news, info, discussion, etc
Friends:
- https://lemmy.ml/c/labor
- https://sh.itjust.works/c/unions
- https://lemmy.ml/c/coops
- https://lemmy.ml/c/antitrust
founded 2 years ago
MODERATORS
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.