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 (112202)3/15/2008 12:09:42 PM
From: Skeeter Bug  Read Replies (1) of 132070
 
Tim, i have no problem adjusting for actual deflation or inflation.

then again, you know the causes for reduced revenue aren't just deflationary.

let's say another nation took all the business from us.

same facts. is the nation better off or not under that hypothetical?

gdp shouldn't care how much more you get, it should only be concerned with how many dollars you can produce.

it is supposed to be the nation ability to produce actual dollars.

the problem the politicos had is that this number is extremely hard to fake - it is what it is.

now, subjective quality improvements detached from any quantifiable measurements... the politicos *love* that kind of thing b/c they can literally just arbitrarily increase an economy by 5% with the stroke of a pen.

then people act stupid, we get bubbles, we get crashes... it wasn't worth it. at least it won't be when it finally washes out and we get the corresponding bust that lies just ahead.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News