I have looked at bit at some figures about USA, and found out, that:
- Americans work a bit fewer hours than we do, probably because you have more wives that are not working. This means that you have potential to increase GDP simply by working more hours.
- Both Obama and Clinton seem to want to raise tax and cut federal costs (Iraq), while I have trouble to find out exactly where McCain is on this.
I have trouble to find really good documentation for the difference between real inflation and official inflation numbers. Does anybody have good links?
When looking at the price of a computer, a rocket scientist will say "You get 1000 times more computer for your money today than 10 years ago, and we can do many things not possible before", whereas an enduser would say "Computers today are much nicer to look at today than 10 years ago, but basically do the same stuff". For the rocket scientist, computer power prices have dropped a lot, but an enduser may actually spend more dollars on a computer today than 10 years ago, while still perceiving to do the same things with it. Are there any economic theories on how to calculate consumer price indexes on this?
Norway just had a significant inflation hike because of the release of a new Harry Potter book, which increased the price level of an average book a lot, which became clearly visible on a national inflation indicator level. |
