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Politics : Don't Blame Me, I Voted For Kerry

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To: Sully- who wrote (61994)5/26/2005 5:34:56 PM
From: sea_biscuit of 81568
 
Well, with the magic of hedonics, anything is possible.

"... the Total Of All Distortions (TOAD) is a mere $3892 billion out of a total 2003 GDP of $11004 billion. Gee, it seems we are a mere 35% distorted. Bear in mind that is what the government readily admits to. My guess is that the real TOAD is far uglier"

...

"To the best of my knowledge the US is the only major country that hedonically adjusts its GDP. "

globaleconomicanalysis.blogspot.com
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