×
Login Register an account
Top Submissions Explore Upgoat Search Random Subverse Random Post Colorize! Site Rules
4

I want to put a fine point on the difference between (((GDP))) and GNP.

submitted by we_kill_creativity to EconomicCollapse 4 monthsDec 24, 2023 09:11:23 ago (+5/-1)     (EconomicCollapse)

From a comment I made that I think deserves to be its own post:

A decline in national GDP is a recession.

national GDP

The rest of your comment is great, but I want to focus in on the specific part I quoted, because people really don't understand the importance of your use of the word "national" to qualify a specific sort of GDP.

Before we had (((economists))), we had actual economists, and those actual economists never used GDP, but, rather, GNP. GDP = Gross Domestic Product. GNP = Gross National Product. You should never have to say "national GDP". You should just used GNP.

Why the (((change))) from GNP to GDP? Mass...fucking...immigration...

A spic crosses the boarder and works for a period of time and "produces some product", but he aint a part of this nation, yet he is domiciled here, or put another way, is a domestic....so he produces a domestic product with his labor. Here's the bitch of it though...he sends as much of it back to Mexico as he possibly can. So we can have the GDP grow and grow and grow, but it doesn't mean it's helping our GNP at all. But why would (((they))) care? This isn't (((their))) nation anyways, is it...?

Link: https://www.upgoat.net/viewpost?postid=6586fbffbe5c8&commentid=65883b6276b96

Merry fucking Christmas...


0 comments block


There doesn't seem to be anything here yet