Re: You shouldn't "subtract our the temporary gains" because as I pointed out earlier -
"If a gain is temporary, and you subtract it out from the year it occurs, but don't add it back in the year when the end of the temporary gain actually impacts the GDP statistics then your double counting the negative.
If in year 1 GDP is 100, and in year 2 its 110, but the 10 was just a temporary factor, and in year 3 it goes back to 100, you will have had zero growth over the period. With a growth of 10%, then a loss of a bit less than 10% (9.09%) from a larger base, to get back to the original 100.
But if you subtract out the temporary factor of 10 factor than the growth from year one to two becomes zero, and instead of growth of 10%, then -9.09%, resulting in a net zero growth, you get growth of 0%, followed by -9.09%, making it look like there has been negative growth overall when that wasn't really the case."
I confess that I have absolutely no idea what you are trying to get at here.
And, yes... I understand the difference between 'temporary or preliminary statistics' put out by the government, and that will routinely be subject to NUMEROUS REVISIONS before they are finally satisfied with them, and no longer subject to corrections/updates (for example: unemployment numbers, GDP numbers, etc., all of which routinely get revised and amended for several years rolling forward after they are initially issued)... and FINAL sets of numbers (after all revisions have been made).
So, understanding that difference, what was the point you wanted to get at, Tim?
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