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A comment on the US economy and the EU were the same size in 2008, the US is now nearly 2X. Parent comment

Re:the US economy and the EU were the same size in 2008, the... by lostmsu on Monday July 17, 2023 @08:35PM (#36766206)
> The evidence is math.

If there are 101 people, 100 making 101 sandwich per year and 1 doing nothing, and everyone needs 100 sandwiches per year, 99% are contributing more than they take. This works the other way too.

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Re:the US economy and the EU were the same size in 2008, the... by rafaelero on Monday July 17, 2023 @08:38PM (#36766229)
You are talking about economic output, and I agree it is very difficult for someone to be a net negative in this metric (someone would have to contribute almost nothing to the economy and take what they need to survive as donation). We are talking about a tax system with contributions and expenses. In this system, less than 50% are net contributors.
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Re:the US economy and the EU were the same size in 2008, the... by lostmsu on Monday July 17, 2023 @09:31PM (#36766632)
What are you talking about? The above system is 1% tax on everyone who makes something, and all expenses go to hit minimum 100 sandwiches for everyone. Clearly 99% are net contributors.
[ Parent | on HN ]