To: Dat
GDP has not gone down, spending has gone way up. I think much of the spending increase is through NGOs and fraud.
29 posted on
08/25/2026 12:57:20 PM PDT by
MtnClimber
(For photos of scenery, wildlife and climbing, click on my screen name for my FR home page.)
To: MtnClimber
I don't think outright fraud would account for most of it. There is a lot of overhead in the economy for jobs that don't meaningfully contribute. The recent AI boom hasn't really contributed much in terms of productivity, but has certainly eaten up hundreds of billions to trillions in terms of hardware and labor.
30 posted on
08/25/2026 1:02:58 PM PDT by
Dat
To: MtnClimber
Even J D Vance and his taskforce have only come up with 230 billion. We can still make the tough decisions now, before it becomes deeply painful, with fewer options, later.
36 posted on
08/25/2026 1:35:30 PM PDT by
erlayman
(E )
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