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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.25-2.0%3:59 PM EST

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To: Glenn D. Rudolph who wrote (122364)4/2/2001 11:51:36 AM
From: Skeeter Bug  Read Replies (3) of 164684
 
>>This translates into more dollars for because I can market more efficiently<<

gdr, no argument here. however, your profits can translate into less dollars for someone else in this country. on a macro basis, it can be a wash. if so, your increased profits should not be reported in gdp.

i';m not arguing that computers have not made america more unit productive. they have. i'm arguing they didn't make america that much more economically (how efficiently we create dollars) productive above normal standards.

info tech has helped, it just isn't the economic shangri la it has been portrayed to be.

there is no new economy.
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