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To: Para-Ord.45

LOL!


20 posted on 01/31/2014 10:58:09 AM PST by Wyatt's Torch
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To: Wyatt's Torch

I don`t think you get it.

It`s irrelevant if past GDP is revised up since we know what the old standard was as in core GDP.

In Obamanomics 101 we now include Imputations,redirections, R&D,etc. R&D counted before as simply final product sales, now it`s double counted. Imputation/redirections are pure works of fiction.

http://www.bea.gov/faq/?faq_id=488


22 posted on 01/31/2014 12:39:58 PM PST by Para-Ord.45 ( Americans, happy in tutelage by the reflection that they have chosen their own dictators.)
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