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To: unseen
and if you use advance 5th grade math you can see how the PRECENTAGE of Industrial CAPEX is less in 1997 than it was in 1965 meaning that the Industrial spending in this country has failed to keep its percentage over the years.

Yes, and that's why GDP has shrunk every year since 1965 and why we're the poorest country in the Western Hemisphere. Oh, wait, our GDP was 3.5 times larger in 2005 than in 1965. And we have a GDP per capita of $41,800. I guess manufacturing isn't everything.

495 posted on 03/15/2006 8:07:12 AM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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To: Toddsterpatriot
GDP is 3.5 times larger in 2005 than 1965 due to increases as a precentage of G (government spending) and C consumer spending. Not I (industrial spending nor T (exports minus imports). You do understand how record Government budgets 2.77 TRILLION and record Consumer DEBT has contributed to that 3.5 times in GDP, right? If not don't worry I know it's a diffucult concept. Keep at it. It will come to you.
500 posted on 03/15/2006 1:37:53 PM PST by unseen
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