0:22
Brett Watson
28:01 - 28:23
“if you think about the difference in our GDP between 2015 and 2023, our state's economy grew by $16.5 billion. Well, federal spending grew by just under $9 billion, meaning half of the growth in our total GDP, both our basic GDP and all of our non-basic GDP, all the money sloshing around in the bucket, not just the new money coming into the bucket.”
- Speaker
- Brett Watson
- Timestamp
- 28:01 – 28:23
- Community
- Alaska News
- Location
- Alaska
- Captured at
From the transcript
So if you think about the difference in our GDP between 2015 and 2023, our state's economy grew by $16.5 billion. Well, federal spending grew by just under $9 billion, meaning half of the growth in our total GDP, both our basic GDP and all of our non-basic GDP, all the money sloshing around in the bucket, not just the new money coming into the bucket.
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