2025-03-11
8 分钟Npr.
This is the indicator from Planet Money.
I'm Waylon Wong.
And I'm Paddy Hirsch.
The big mama of economic indices,
Gross Domestic Product is under attack again, this time from within.
Have I seen this movie before?
Probably.
And GDP has always come in for criticism from people
with a whole range of nich about what goes into the data
and what's left out.
But those criticisms usually come from non governmental agencies and institutions.
Last week, the attack on US GDP came from the man whose own agency generates that number each month,
Commerce Secretary Howard Lutnick.
You know, the Commerce Department runs the statistics of gdp.
You know, the governments historically have messed with gdp.
They count government spending as part of gdp.
So I'm going to separate those two and make it transparent.
On today's show,
we'll look at why government spending is part of GDP