what GDP PPP means
In: 2
GDP = Gross Domestic Product – the total sum of all the assets in the entire state/country economy. A number that these days is about as subjective and fluid and arbitrary as attempting to count all the grains of sand in a square of desert during a tornado.
PPP = Payroll Protection Program. A large pile of money that was flooded into the US economy to keep people from socializing and spreading COVID at a time when it would be easy to lay off employees. The funds were distributed to businesses under the conditions that they had to keep their payroll whole, paying people to basically do nothing or paying them to remain part of the business.
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