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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (10958)11/2/2001 3:13:19 PM
From: LLCF  Read Replies (2) of 74559
 
< Do you really believe that a 1981 IBM PC is just as useful as a similar priced machine today?>

1981 is a bit silly no? Let's take a 4 years old model, as a typewritter??? Probably nearly as useful, and CERTAINLY closer to the same than the government throws into their statistics pot. Truth is, they don't have a clue.

Can you give a good reason why this should be done? The goverment doesn't try and measure other intangibles [noise in society, quality of life, etc], why throw these intangibles into the pot? By this reasoning you wouldn't measure product quality for it's own sake.

DAK
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