Screwnomics: How Our Economy Works Against Women and Real Ways to Make Lasting Change by Rickey Gard Diamond

Author:Rickey Gard Diamond
Language: eng
Format: epub
Publisher: She Writes Press
Published: 2018-04-19T04:00:00+00:00

On Account of GDP

You may not have heard of something called national accounting, but no doubt you would recognize its result, Washington’s most often cited number, the Gross Domestic Product, or GDP. Politicians love to talk GDP in the same way Wall Street likes to talk about income statements and immediate earning potential.

This numbered account emphasizes an imperative to grow, while confusing paper dollars with a healthy economy. GDP only adds up money made from market transactions. Its numbers equate your value to your salary or wages. By GDP’s account, men are far more important than are women because they make more dollars. GDP accounting helps keep things that way.

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