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To: Skeeter Bug who wrote (88372)	4/1/2001 2:03:55 PM
From: GraceZ	Read Replies (1) \| Respond to of 436258

One chart is GDP growth in dollar figures and one is GDP growth in constant 1996 dollars (inflation removed). The reason you would do a study in constant dollars is to see if the real GDP product is growing rather than just monetary inflation making it look as if it is growing. As you can see the growth in 1999 and 2000 has a slightly steeper slant up. If I follow what you are saying, you are arguing that the productivity increases that were suppose to happen didn't happen, that it is all an invention, and the only thing that matters is how the GDP is effected. If that is true then one would expect that the GDP would be declining or at least slowing in constant dollar amounts. It appears to be rising at a faster clip in these charts so the evidence doesn't support your theory. Perhaps you'd like to counter with evidence of your own.