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According to that model, then, the only activities that create wealth, and so add to the "net" GDP would be those that create some product: manufacturing, agriculture, perhaps mining. Everything else is just moving that wealth around. The retail business doesn't add anything, just buys and resells. The government adds nothing until it builds something from raw materials, such as roads or bridges. I'm not so sure that the American Thinker, or the author of the article in question at least, has thought through his idea.
According to that model, then, the only activities that create wealth, and so add to the "net" GDP would be those that create some product: manufacturing, agriculture, perhaps mining. Everything else is just moving that wealth around. The retail business doesn't add anything, just buys and resells. The government adds nothing until it builds something from raw materials, such as roads or bridges.
I'm not so sure that the American Thinker, or the author of the article in question at least, has thought through his idea.
