Rajeev is wrong.
Changes in productivity lead changes in gdp by about a year or two.
If things go like they've been for the last few decades, then we're about to have further upticks in gdp without serious increases in inflation.
Posted on 08/03/2008 3:48:45 PM PDT by abb
Rajeev is wrong.
Changes in productivity lead changes in gdp by about a year or two.
If things go like they've been for the last few decades, then we're about to have further upticks in gdp without serious increases in inflation.
I really don’t like the idea of Arabs holding my mortgage, that’s all. It’s not like they’re Christian or anything like that. Infidels are animals to them.
Seems I need to subscribe to read the article.
In light of that, if productivity is going up, why is GDP going down?
You'd be surprised how the network news can blind you to the reality in front of you.
There is probably no amount of stats or anecdotal evidence that can overcome the tv-says-it's-so-funk.
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