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To: Toddsterpatriot

Innovation increases productivity for electronic goods at a very rapid pace, and can even make up for raw materials and labor cost increases (if they made DVD players now the same way they made them just 3 years ago, I would expect them to be MORE expensive now than they would be 3 years ago).

This isn't quite so true for non-electronic goods.

For this reason, I do not believe that consumer electronics prices are a good measure of the economic effect of various polices. What they are a good measure of is just how fast technology is advancing.


141 posted on 01/29/2006 10:18:08 AM PST by brianl703 (Illegal aliens are to businessmen as Cliff's Notes are to college students.)
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To: brianl703
I do not believe that consumer electronics prices are a good measure of the economic effect of various polices.

They are one of the measures.

142 posted on 01/29/2006 10:20:55 AM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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