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To: Toddsterpatriot
Can you truly say that GDP dropped $3,000,000? Even though I doubled oil production?

Can I say it? No. But, that is what a well regulated free market is supposed to do. It is the market that has determined your impact on GDP; and, who are we to change that? You might think that your oil is worth $53 million + your capital investment, however the market has deemed otherwise. Should we ever decide to invest in domestic oil production to wean ourselves off of Middle Eastern oil, we may have to protect our domestic suppliers to ensure that the market does not collapse on their capital investments.
586 posted on 03/04/2005 9:01:20 AM PST by ARCADIA (Abuse of power comes as no surprise)
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To: ARCADIA
Can I say it? No. But, that is what a well regulated free market is supposed to do. It is the market that has determined your impact on GDP; and, who are we to change that?

Please, the market doesn't measure GDP.

587 posted on 03/04/2005 9:06:24 AM PST by Toddsterpatriot (Protectionism is economic ignorance!)
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