Yes, I have to agree with you on that. There is an awful lot of non-productive activity going on in the economy, usually due to *”a maze of man-made bureaucratic regulations“*. There are a lot of services, though, that are useful productive service activities in the economy.

I'm not blaming either accountants or lawyers for anything.  I'm just pointing out that a lot of the service economy is built to navigate a maze of man-made bureaucratic regulations, and their activity isn't a sign of economic health.  It's pretty much the same point you were making about $$G$$, but I was pointing out that even some of the private sector spending is not real economic output either.

SimpleStacker

Politics_And_Law

A Review of Some GDP Problems

Rothbardian_fanatic

Yes, that could be, too. If there are new laws that require new accounting, the accountants will do that to keep the reality picture of the company accurate. Can you blame the accountants for complying with the laws that the self-aggrandizing lawyers are constantly making? I can’t.