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Political Factoid

The IRS generally does not corroborate
Gross Domestic Income (GDI) data.
The Gross Domestic Product (GDP) and GDI
should be equal, but are seldom even close.
GDP figures include "imputed" growth.
  • Free checking is treated as "imputed" interest income.
     
  • Homeowners are calculated to have received "imputed" rental income.
     
  • Household work, volunteerism and the underground economy are totally ignored.
     
  • The costs of crime and natural disasters are excluded.
Imputed:  Calculated cash values albeit no such money ever changes hands
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Last updated * 2017-08-28
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