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To: pater tenebrarum who wrote (18528)	9/14/2000 8:29:59 PM
From: Archie Meeties	Read Replies (2) \| Respond to of 436258

If I was a bull, I'd be giving #11 the hairy stare. weather.com If it hits we'll lay to rest forever the current myths about energy and the economy. Should be the final straw if gathers steam in the Gulf.

To: pater tenebrarum who wrote (18528)	9/15/2000 1:04:59 AM
From: Oblomov	Read Replies (1) \| Respond to of 436258

Heinz, it's all of those detergents and anti-knock agents being added to our gasoline.. hedonic improvements, you see...-g-

To: pater tenebrarum who wrote (18528)	9/15/2000 1:19:32 AM
From: XBrit	Read Replies (1) \| Respond to of 436258

Great article in the latest Economist... check out the discussion of productivity in Europe vs USA ...the gap between America’s and Europe’s productivity growth is narrower than is usually supposed. Chart 2 looks at various measures of growth over the 1990s. By taking the whole decade rather than just the past couple of years, it strips out some of the distortions caused by the business cycle. The figures show that although America’s GDP grew much faster than the euro area’s during the 1990s, the gap in growth of GDP per person—a better measure of living standards—was smaller. Labour-productivity growth (allowing for hours worked) during the decade was almost identical in America and the euro area, and total factor productivity growth (a measure of the efficiency with which both labour and capital are used) was actually slightly faster in the euro area, despite all the recent hoo-ha about America’s productivity miracle. It is true that America’s productivity growth has spurted, relative to Europe’s, since the mid-1990s. But for the decade as a whole one has to conclude that productivity growth, as officially measured, was no more rapid in America than in Europe. Take account also of the fact that European statistics tend to understate growth, and Europe outperformed America for most of the decade. economist.com economist.com