WASHINGTON, DC – FEBRUARY 13: Secretary of Commerce Howard Lutnick (R) speaks alongside U.S. President Donald Trump. (Photo by Andrew Harnik/Getty Images)
Andrew Harnik/Getty Images
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WASHINGTON, DC – FEBRUARY 13: Secretary of Commerce Howard Lutnick (R) speaks alongside U.S. President Donald Trump. (Photo by Andrew Harnik/Getty Images)
Andrew Harnik/Getty Images
The Trump administration has some nits to pick with government spending: They don’t think it should be counted as part of the country’s GDP, that it should be counted separately.
In today’s episode, we look at why government spending is part of the U.S.’s GDP and we speculate why Trump’s administration might want to take it out … and what that could mean.
Related episodes:
Econ Exploder: GDP
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Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
