Why U.S. GDP Hasn’t Really Increased Since 2000

While official sources forecast U.S. Gross Domestic Product (GDP) to surpass $20 trillion this year, the real figure is probably much less.  So how much less is real U.S. GDP?  Well, that depends on how it is measured.  If we factor in energy consumption and the increase in total public debt, U.S. GDP is likely less than half of the current figure.

 

read more here...

 

 

Share on Facebook
Share on Twitter
Please reload

Suggested Posts

EVERYTHING YOU WANTED TO KNOW ABOUT MMT

February 6, 2019

1/10
Please reload

Current Posts

April 17, 2019

Please reload

Archive