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Politics : Ask Michael Burke

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To: BGR who wrote (80612)	5/12/2000 11:28:00 AM
From: Mike M2	Read Replies (1) of 132070

BGR, there is no need for that you can simply go to the Survey of Current Business put out by the Commerce Dept. to see the impact of hedonic pricing - they give figures for chained and current dollar GDP - its really quite simple. You have been referred to Robert Gordon's study which has been subjected to the peer review which you hold in such high regard. If you took the trouble to read the March issue of Grant's Interest Rate Observer ( thanks to Bill Fleckenstein ) you would have read the Federal Reserve did a study which concurred with Gordon's findings. I think you problem is that you are intellectually lazy and refuse to take the time to examine the evidence. I do feel you have the intelligence to understand this issue if you simply examine the evidence. I could dig up the link for the aforementioned study but I don't suppose you would read it because it does not fit your perception of the world - cognitive dissonance. Me full of hot air ho ho ho i suspect many would agree but someday people will remember the nuts who warned of TOUGH LOVE and ECONOMIC VIOLENCE! HO HO HO Mike

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