SI
SI
discoversearch

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 : Ask Michael Burke

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimF who wrote (112185)3/14/2008 1:27:56 AM
From: Skeeter Bug  Read Replies (2) of 132070
 
Tim, if the country made $1 trillion on model ts and make $1 billion on ford mustangs (and ford mustangs is all that were available similar to model ts back in the day, the nation would, in fact be poorer from a monetary standpoint.

that is what gdp is supposed to measure.

not "feelings' of increased dollars, but actual dollars that can be counted.

otherwise, i any ninny could argue that a new improved snickers bar that sells for half price is worth a million dollars in feel good "wealth."

is a nation really even if a company stops selling candy bar A and starts selling candy bar B that tastes twice as good, costs half as much and sells the same units?

you are literally arguing those two conditions are equal.

they most assuredly are not. candy bar A generates twice the revenue and those dollars actually can be used in the economy. candy bar B may well put the company out of business.

they are not equal.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext