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re: How The US Is Coping With Chinavirus’ Effect On Economy Compared To European Countries

Posted on 8/12/20 at 6:55 am to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423365 posts
Posted on 8/12/20 at 6:55 am to
the Euro numbers are also skewed b/c government spending counts as GDP and their plan will more directly hide real economic impact

i don't believe unemployment payments are calculated as GDP, and i doubt that PPP was either
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45370 posts
Posted on 8/12/20 at 7:20 am to
quote:

the Euro numbers are also skewed b/c government spending counts as GDP and their plan will more directly hide real economic impact

Indeed.
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