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To: Nervous Tick
With your question, you are implying that GDP is somehow all “internal production”.

No I'm not. You equate net imports to spending, I'm continuing your idea and equating GDP to income.

107 posted on 10/04/2007 8:47:12 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot; TChris; dennisw
Squanderville vs. Thriftville

Posted originally by dennisw

Warrent Buffett says it better than I can.

It's been fun, but I HAVE to get back to work... wannabe member of the productive class, don't you know... :-)

123 posted on 10/04/2007 8:56:04 AM PDT by Nervous Tick
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