No moron Usual Name... This is how I started. (see below)
You have not addressed the real issue here.
Using GDP to measure economic output in districts is useless unless you take out the government money.
A district receiving massive govt money will have a massive GDP because govt spending and investment are components of GDP.
That was my point. You all choose to argue a lesser point instead of focusing on my main point.
Here was my first post on this thread. See the quote below.
You have not addressed the real issue here.
Using GDP to measure economic output in districts is useless unless you take out the government money.
A district receiving massive govt money will have a massive GDP because govt spending and investment are components of GDP.
That was my point. You all choose to argue a lesser point instead of focusing on my main point.
Here was my first post on this thread. See the quote below.
If you understand how GDP is frequently calculated you learn you are being foolish if you don't provide us with more info.
You may simply be telling us that you are picking out democrat districts with the most govt spending.
I have highlighted the part of the calculation that applies...
Comparing Real and Nominal GDP | Boundless Economics
https://courses.lumenlearning.com/boundless.../comparing-real-and-nominal-gdp/
The following equation is used to calculate the GDP: GDP = C + I + G + (X – M) orGDP = private consumption + gross investment + government investment + government spending + (exports – imports). ... It transforms the money-value measure, nominal GDP, into an index for quantity of total output.
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