Submitted by Chris Hamilton via Econimica blog, GDP Without the Debt Incurred Is Just A Gross Distortion GDP or gross domestic product is the big lie used by politicians because it neatly avoids the debt undertaken to achieve it’s purported growth.  The chart below shows annual US GDP growth back to 1980. However, the chart below … Continue reading How Many Dollars Of Debt Is Necessary To Produce A Dollar Of GDP? It’s Not Good.