A joke about GDP

It is said that there are two very smart and talented young people in economics, and they often argue about some profound economic theories.

One day after dinner, I went for a walk, and two excellent young people argued again for the proof of a mathematical model. When they were having a tense game, they suddenly found a pile of shit on the grass in front of them. A said to B, I am willing to pay 50 million yuan if you can eat. The temptation of 50 million is not small. Do you want to eat or not? B took out a pen and paper, made an accurate mathematical calculation, and soon got the optimal solution in economics: eat!

So A lost 50 million. Of course, B didn't eat it easily either.

As they walked on, they suddenly found a pile of shit. At this time, B began to feel severe nausea, and A felt a little distressed and just spent 50 million yuan. So b said, you eat, I'll give you 50 million. So, different calculation methods, the same calculation result? Eat!

A contentedly recovered 50 million yuan, while B seemed to find a little psychological balance. But suddenly, the geniuses wailed at the same time: we didn't get anything for a long time, but we ate two piles of shit for nothing!

They couldn't figure it out, so they had to ask their tutor, a famous economist, to explain. After listening to the stories of two tall men, I didn't expect the leading men to cry. I finally waited for my mood to stabilize a little, only to see the master trembling and erect a finger, and said with great excitement: 1 100 million! 1 billion! Dear students, I thank you on behalf of the motherland and the people. You just ate two piles of shit and contributed 1 100 million to the national GDP!

Many people don't know China's GDP. For example, when a building is built in one place, the output value 100 billion, and of course, the GDP of 100 billion is also increased. There is no objection to this. A new leader in the area thought it was inappropriate to build this building here and ordered it to be demolished! The cost of demolition 1 100 million, the newly-increased GDP in this area1100 million, is incredible. Then a big villa was built here, with an output value of10 billion, thus increasing the GDP of10 billion. Later, another leader came here and thought that environmental construction should be placed in an important position. This place is not suitable for building houses and should be changed into a park. So it was demolished again, and the demolition cost was 1 100 million yuan, which increased the GDP of 1 100 million yuan. In other words, in a few years, nothing has increased here except construction waste, and 22 billion GDP has been generated. (Note: The year before last, Nanjing clearly stipulated that houses less than 5 years old were not included in the scope of demolition. This shows that the analogy I made above is not groundless. )

An economist A and an economist B had an argument about this situation when they were walking. One thinks that the GDP here should be reduced. The second target, the reason is that although this place seems to have nothing, it actually promotes the production of cement, steel and so on. The construction company has a job, the employment problem of the labor force has been solved, and then consumption has been stimulated. So there is no doubt that the GDP generated by this place is 22 billion.

It is because the domestic temperature is getting higher and higher that the GDP of this area is publicized everywhere. However, has the life of ordinary people there really improved qualitatively? Today's reality is that not only the children of farmers in mountainous areas can't afford to go to college, but it is also increasingly difficult for ordinary workers' families in Liancheng Town to support a college student. Housing prices in cities are high, GDP has gone up, but houses can't be sold; It's not that people don't need housing, but that people can't afford it. What is the benefit of such GDP to the country and the people! I ate two piles of shit and created a GDP of 1 billion. It's just a joke, but the truth it contains is worth pondering by today's officials!