U.S. total public spending is around 40% of the GDP. [1] [1] https://www.imf.org... | Hacker News

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		hartator on April 18, 2023 \| parent \| context \| favorite \| on: Software firms across US facing tax bills that thr... U.S. total public spending is around 40% of the GDP. [1] [1] https://www.imf.org/external/datamapper/exp@FPP/USA/FRA/JPN/...

mschuster91 on April 19, 2023 [–]

So what? It's not like that money is lost. It ends all back in the economy because people spend their wages.

logicchains on April 19, 2023 | [–]

Money is just paper. The _value_ is lost; if the government buys itself a banana, that's one less banana available to the people.

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