PRESIDENT GEORGE W. BUSH Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kenneth E. Phillipps who wrote (488882)	11/7/2003 11:16:44 AM
From: Thomas A Watson	Read Replies (1) of 769670

LOL, one more idiots proffer. Kenny can you read a graph. Do you understand what it means. kurzweilai.net Note that the underlying exponential growth in the economy is a far more powerful force than periodic recessions. Even the "Great Depression" represents only a minor blip compared to the underlying pattern of growth. Most importantly, recessions, including the depression, represent only temporary deviations from the underlying curve. In each case, the economy ends up exactly where it would have been had the recession/depression never occurred. Kenny the money owed will become a smaller and smaller piece of the size of the economy. Because what is not really shown is that the qualiity of goods created todays is far greater then the cost of goods in the pasts. If one were to add the value of increased quality to the GDP to show real value produced, I'd expect the GDP to be 50 to 100 trillion and not 10 we use as a current measure. The content of a $500 dell computer today is same as a several hundred thousand dollar super computer of 1992. It's all about ROE and as we know you are clueless about the physics of ROE.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next