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Politics : Sioux Nation
DJT 14.40+2.8%Jan 9 9:30 AM EST

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To: stockman_scott who wrote (57345)2/5/2006 11:41:59 AM
From: Jim Willie CB  Read Replies (4) of 362174
 
thanks, many valid points on hidden GDP
but how could such huge R&D spending not show up as sales for equipment from the vendor side?

more spin, basically, methinks
"innovation and product design, brand-building, employee training, or any of the other intangible investments required to compete in today's global economy"

ok, but Madison Ave promotional stuff shows up on the advertising revenue side
training shows up on the service provider, esp if private
same goes for all manner of other spending

what the author claims is that the buyer doesnt get counted
but what about the seller?
they are surely counted
/ jim
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