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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Cynic 2005 who wrote (74501)1/26/2000 3:28:00 PM
From: Don Lloyd  Read Replies (3) | Respond to of 132070
 
Mohan -

[[...Assuming that there is no recession in the next 4 years and we grow at 4%/year for next 4 years. The 8.7 tril economy with a 4% growth will be at about 10 tril by 2004. These bozos are forecasting a 73% share of B2B in the GDP??? Whatabout the brick and mortar biz, other retail, govt etc etc? The guys are out to lunch and are drugged out!]]

You're absolutely correct. There must be a hidden GDP growth accelerator somewhere.

Because of silly laws, people tend to not report their economic activity in encouraging the government to make specific business-friendly decisions. This conservatively must represent at least 50% of GDP, which is being grossly understated.

Another 50% of GDP can be imputed from the long hours that our dedicated public servants put in for puny government payroll checks. If their real value were to be recognized, it would be clear to all Americans what their immense impact on real GDP must be.

Net net, reported GDP must be understated by at least half, even before accounting for WAR-ON-DRUGS asset forfeitures.

In summary, if B2B share seems to be too large wrt GDP, it simply means that the GDP statisticians have more work to do. -g-

Regards, Don



To: Cynic 2005 who wrote (74501)1/26/2000 4:46:00 PM
From: sammaster  Respond to of 132070
 
this cant be good

Alert: Dell Says Component Shortages Were Key Factor in Shortfall (NasdaqNM:DELL)

uhoh
got puts?

samir



To: Cynic 2005 who wrote (74501)1/26/2000 5:28:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Mohan, they are neither out to lunch or drugged out. They are preaching to the choir, hoping for some good, green items to appear when the plate is passed among the robed songbirds. <g>



To: Cynic 2005 who wrote (74501)1/26/2000 6:01:00 PM
From: Earlie  Read Replies (2) | Respond to of 132070
 
Mohan:

Heh, heh, heh.

Welcome to the land of "chained dollars". You are forgetting that they have already doubled GDP growth through the simple expedient of "recalculating" the contribution made by computers. Just wait a bit, and they will "recalculate" the value to the economy of such things as printers, modems, palm pilots, etc. Then, when they get into gear, we will see the GDP REALLY take off through the "recalculation" of car engine power (Mike's concept which I understand is already under consideration), improved kitchen mixers, more powerful microwave ovens, stronger stapling machines, more robust flower seeds, more potent breath fresheners, etc. Give these guys a few months, and that forecast will be just about right. It all depends on one's perspective. (G)

Best, Earlie