Jack of all trades
@jackofalltrades@mas.to  ·  activity timestamp 16 hours ago

It's like that joke about economists and a pile of shit.

#joke#GDP

Two economists are walking in a forest when they come across a pile of shit. The first economist says to the other “I’ll pay you $100 to eat that pile of shit.” The second economist takes the $100 and eats the pile of shit. They continue walking until they come across a second pile of shit. The second economist turns to the first and says “I’ll pay you $100 to eat that pile of shit.” The first economist takes the $100 and eats a pile of shit. Walking a little more, the first economist looks at the second and says, "You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. I can't help but feel like we both just ate shit for nothing." "That's not true", responded the second economist. "We increased the GDP by $200!"
Two economists are walking in a forest when they come across a pile of shit. The first economist says to the other “I’ll pay you $100 to eat that pile of shit.” The second economist takes the $100 and eats the pile of shit. They continue walking until they come across a second pile of shit. The second economist turns to the first and says “I’ll pay you $100 to eat that pile of shit.” The first economist takes the $100 and eats a pile of shit. Walking a little more, the first economist looks at the second and says, "You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. I can't help but feel like we both just ate shit for nothing." "That's not true", responded the second economist. "We increased the GDP by $200!"
Two economists are walking in a forest when they come across a pile of shit. The first economist says to the other “I’ll pay you $100 to eat that pile of shit.” The second economist takes the $100 and eats the pile of shit. They continue walking until they come across a second pile of shit. The second economist turns to the first and says “I’ll pay you $100 to eat that pile of shit.” The first economist takes the $100 and eats a pile of shit. Walking a little more, the first economist looks at the second and says, "You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. I can't help but feel like we both just ate shit for nothing." "That's not true", responded the second economist. "We increased the GDP by $200!"
Jack of all trades
@jackofalltrades@mas.to  ·  activity timestamp 16 hours ago

It's like that joke about economists and a pile of shit.

#joke#GDP

Two economists are walking in a forest when they come across a pile of shit. The first economist says to the other “I’ll pay you $100 to eat that pile of shit.” The second economist takes the $100 and eats the pile of shit. They continue walking until they come across a second pile of shit. The second economist turns to the first and says “I’ll pay you $100 to eat that pile of shit.” The first economist takes the $100 and eats a pile of shit. Walking a little more, the first economist looks at the second and says, "You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. I can't help but feel like we both just ate shit for nothing." "That's not true", responded the second economist. "We increased the GDP by $200!"
Two economists are walking in a forest when they come across a pile of shit. The first economist says to the other “I’ll pay you $100 to eat that pile of shit.” The second economist takes the $100 and eats the pile of shit. They continue walking until they come across a second pile of shit. The second economist turns to the first and says “I’ll pay you $100 to eat that pile of shit.” The first economist takes the $100 and eats a pile of shit. Walking a little more, the first economist looks at the second and says, "You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. I can't help but feel like we both just ate shit for nothing." "That's not true", responded the second economist. "We increased the GDP by $200!"
Two economists are walking in a forest when they come across a pile of shit. The first economist says to the other “I’ll pay you $100 to eat that pile of shit.” The second economist takes the $100 and eats the pile of shit. They continue walking until they come across a second pile of shit. The second economist turns to the first and says “I’ll pay you $100 to eat that pile of shit.” The first economist takes the $100 and eats a pile of shit. Walking a little more, the first economist looks at the second and says, "You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. I can't help but feel like we both just ate shit for nothing." "That's not true", responded the second economist. "We increased the GDP by $200!"
United Kingdom News Beep
@uk@newsbeep.org  ·  activity timestamp 3 weeks ago

Economic Warning as More Than Half-Million People Could Leave US This Year

The U.S. could see hundreds of thousands leave the country this year thanks to President Donald Trump‘s immigration…
#NewsBeep#News#Economy#Business #businesses#Deportation#DonaldTrump#GDP#HPTopStories#Ice#Immigration #jobs#U.S.Economy #UK#UnitedKingdom
https://www.newsbeep.com/uk/9755/
United Kingdom News Beep
@uk@newsbeep.org  ·  activity timestamp 3 weeks ago

Economic Warning as More Than Half-Million People Could Leave US This Year

The U.S. could see hundreds of thousands leave the country this year thanks to President Donald Trump‘s immigration…
#NewsBeep#News#Economy#Business #businesses#Deportation#DonaldTrump#GDP#HPTopStories#Ice#Immigration #jobs#U.S.Economy #UK#UnitedKingdom
https://www.newsbeep.com/uk/9755/
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 4 weeks ago

China’s economy shows signs of recovery despite structural challenges and imperfect GDP data, but its future growth and global impact hinge on trade relations with the U.S. and how economic progress is measured. https://www.japantimes.co.jp/commentary/2025/07/10/world/gdp-china-equation/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #china #gdp #chineseeconomy
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp last month

The percentage of GDP spent on defense is a politically convenient but flawed metric that oversimplifies the complex realities of alliance management, differing national contributions and varying security needs. https://www.japantimes.co.jp/commentary/2025/07/02/japan/spending-on-defense-goals/?utm_medium=Social&utm_source=mastodon #commentary #japan #us #donaldtrump #sdf #defense #gdp