The Trump administration’s proposal to exclude government spending from GDP calculations could have significant implications for economic reporting and policy-making.
Commerce Secretary Howard Lutnick has indicated that government expenditure might be separated from gross domestic product (GDP) figures. This approach could obscure a critical indicator of the U.S. economy’s health, as government spending typically plays a crucial role in GDP calculations.
This also appears to be a characteristic approach of Putin’s regime.
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How very authoritarian.
I suppose soon the finance czar, who I can only guess is Hjalmar Schacht, will issue DOGE coin, which will be better than cash.
