PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: American Spirit who wrote (481768)	10/26/2003 6:21:03 PM
From: Original Mad Dog	Read Replies (1) of 769667

GDP is an out-dated form of measurement. Why? What is a better form of measurement than the sum of the economy's total output? What should we use instead to measure the economy? Does that mean that the significant increases in GDP during the Clinton years (without looking it up, I would venture a guess that the GDP increased more under Clinton than under any other modern President) were irrelevant? It doesn't reflect New Economy values. What does that mean? What are "New Economy values"? Does a dollar of output mean something different than it used to? How are New Economy values (once we figure out what they are) measured? In your opinion, is the lower GDP growth under Bush II as opposed to Clinton irrelevant (since the measure itself is somehow outdated)?

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