Yep, and the lack of investment is clearly visible in every day life.
Accomplished_Tip3597 on
you do understand that this graph shows the percents of the GDP, right?
GDP of poland in 2022 was 688.100.000.000 USD. they are spending roughly 5,2% of their GDP into public investments, that’s 35.781.200.000.
now germany is on the second last place here, their GDP in 2022 was 4.082.000.000.000 USD, they are spending roughly 2,8% which results in 114.296.000.000.
that’s more than 3 times the amount poland spends, what is the purpose of that graph? it makes sense to show total numbers but how is a percentage meaningful if the GDP is such different?
GreeceZeus on
Which is weird, because you’d expect everybody to agree on infrastructure investments. Even liberals who usually want to let the markets rule are okay with infrastructure spending because only then can the markets function. So there’s a big consensus on that, but nothing happens.
so_mit_o on
I notice that
Duracted on
So Germany is spending 2,5% of its GDP, Norway 6%. But Germanys GDP is 7x higher than Norways. This says nothing. Amount per km road spent would be more useful, for example.
Confident_Yam3132 on
The money we have, we spend on welfare.
Broad_Philosopher_21 on
This graph really only is meaningful if you are interested in infrastructure spending as a means of boosting the economy because it’s based on the GDP. However infrastructure needs don’t grow with GDP. So more interesting would be investment per capita. But even then, the Netherlands, for example, spend a whole lot of money on infrastructure that is designed for the country not being swallowed by the North Sea.
Altruistic-Yogurt462 on
How is it compared in per capita?
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Yep, and the lack of investment is clearly visible in every day life.
you do understand that this graph shows the percents of the GDP, right?
GDP of poland in 2022 was 688.100.000.000 USD. they are spending roughly 5,2% of their GDP into public investments, that’s 35.781.200.000.
now germany is on the second last place here, their GDP in 2022 was 4.082.000.000.000 USD, they are spending roughly 2,8% which results in 114.296.000.000.
that’s more than 3 times the amount poland spends, what is the purpose of that graph? it makes sense to show total numbers but how is a percentage meaningful if the GDP is such different?
Which is weird, because you’d expect everybody to agree on infrastructure investments. Even liberals who usually want to let the markets rule are okay with infrastructure spending because only then can the markets function. So there’s a big consensus on that, but nothing happens.
I notice that
So Germany is spending 2,5% of its GDP, Norway 6%. But Germanys GDP is 7x higher than Norways. This says nothing. Amount per km road spent would be more useful, for example.
The money we have, we spend on welfare.
This graph really only is meaningful if you are interested in infrastructure spending as a means of boosting the economy because it’s based on the GDP. However infrastructure needs don’t grow with GDP. So more interesting would be investment per capita. But even then, the Netherlands, for example, spend a whole lot of money on infrastructure that is designed for the country not being swallowed by the North Sea.
How is it compared in per capita?