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To: Uncle Miltie

Don’t you love the use of GDP? Transporting stuff around America boosts GDP, even if nothing is actually “produced”...it’s more an indication of spending, not actual production in an economi-health sense. We could regress severely while staring at our navels while the GDP skyrocketed...and the rest of the world left us behind.


143 posted on 02/04/2009 5:46:47 PM PST by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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To: Gondring

This means the GDP numbers are worse than they would like us to believe.


149 posted on 02/04/2009 6:00:31 PM PST by nyconse
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