Quote:
Originally Posted by Slava
Well, that’s the line that gets trotted out, but it’s not quite accurate. GDP is growing, and generally does unless we’re in recession. And yeah debt spiked a lot with Covid, but as a percentage of GDP it dropped something like 6% (from 73 to 67) between 2021 and 2023.
Obviously at 67 it’s high compared to recent times, but it’s going in the right direction.
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Isn't our per capita GDP shrinking? Our GDP is barely growing due to large volumes of immigration obfuscating it.