View Single Post
Old 10-07-2020, 12:18   #4530
jfman
Architect of Ideas
 
Join Date: Dec 2004
Posts: 11,146
jfman has a nice shiny star
jfman has a nice shiny star
Re: Coronavirus

Quote:
Originally Posted by nomadking View Post
The money spent in those places, doesn't magically disappear if those businesses don't exist. It is available to spend elsewhere, supporting those jobs instead.
It’s still available to spend by the new recipient. GDP isn’t a measure of how much money there is, it’s how quickly you can cycle it through the economy.
jfman is offline