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To: Notwithstanding
That graph is strange. D.C. produces nothing but burdens; are they measuring GDP on the basis of how much money those parasites piss away?
20 posted on 11/14/2004 11:23:21 AM PST by Hank Rearden (Never allow anyone who could only get a government job attempt to tell you how to run your life.)
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To: Hank Rearden; Notwithstanding
That graph is strange. D.C. produces nothing but burdens; are they measuring GDP on the basis of how much money those parasites piss away?

I noticed that too. What could DC possible add to the GDP

38 posted on 11/14/2004 11:40:51 AM PST by raybbr
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To: Hank Rearden
That graph is strange. D.C. produces nothing but burdens; are they measuring GDP on the basis of how much money those parasites piss away?

I believe that the answer to that question is "yes". Also, lawyers tend to be very compensated, and DC has a great number of them.

I think it might be more accurate if we subtracted "legal activity" from our GDP calculations rather than adding it, since I think that a large part of what these lawyers do does indeed subtract from our productive capacity.

Even more consternating is to consider that we are producing more lawyers than ever before. We are up to 512,070 lawyers (BLS) right now; looking at the total number of people involved in legal services (judges, paralegals, etc.) for the last ten years:

Series Id:     CEU6054110001
Not Seasonally Adjusted
Super Sector:  Professional and business services
Industry:      Legal services
NAICS Code:    5411
Data Type:     ALL EMPLOYEES, THOUSANDS
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1994 963.4 963.6 963.6 963.9 962.3 980.1 980.5 971.5 957.5 958.9 961.3 960.6 965.6
1995 955.7 955.0 956.0 954.4 952.3 974.0 971.7 965.9 954.0 955.2 957.5 958.9 959.2
1996 955.2 957.9 960.9 959.1 961.4 982.7 984.8 978.4 963.2 968.6 973.9 974.7 968.4
1997 972.6 973.0 976.4 978.8 979.6 1000.3 1004.1 995.2 985.1 988.9 995.3 1000.5 987.5
1998 997.4 999.8 1004.1 1006.1 1010.4 1034.4 1040.4 1032.9 1023.0 1030.9 1034.7 1038.8 1021.1
1999 1034.5 1037.0 1040.1 1043.0 1044.4 1067.5 1068.4 1060.5 1049.7 1053.1 1058.3 1059.9 1051.4
2000 1056.6 1053.8 1054.4 1052.0 1054.3 1084.4 1084.1 1075.4 1064.8 1067.3 1069.6 1072.1 1065.7
2001 1068.9 1071.2 1074.4 1074.9 1083.4 1109.5 1110.8 1104.2 1093.0 1097.0 1102.4 1105.3 1091.3
2002 1099.6 1099.8 1100.8 1098.8 1106.7 1125.9 1127.6 1122.4 1116.3 1126.9 1129.1 1129.6 1115.3
2003 1122.8 1127.7 1130.9 1130.5 1133.4 1152.6 1148.6 1137.8 1129.5 1139.8 1145.5 1142.4 1136.8
2004 1131.0 1132.3 1131.8 1134.4 1136.9 1162.3 1163.8 1150.2 1145.9(p) 1149.0(p)      
p : preliminary

shows that this is a popular and growing field of endeavor.

56 posted on 11/14/2004 12:49:17 PM PST by snowsislander
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