Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (88531)	4/2/2001 11:08:59 AM
From: Earlie	Read Replies (1) \| Respond to of 436258

CB: Have a look at ACTUAL dollar sales in computers over the last three years, then have a look at the hedonic dollar figure that is used in the computation of the U.S. GDP. If you subtract the former from the latter , the GDP number is rather pathetic. This isn't intuitive stuff, it's simple arithmetic. Note that this baloney also COMPOUNDS over time. The U.S. GDP and productivity numbers are a complete fraud. The first to dig this out was the good Doctor "R", who Mike frequently mentions. I commend his monthly to you. Probably the best government stats comber around. Incidentally, I actually spent a bunch of time confirming Dr. "R"'s early work as I simply didn't believe it. He was deadly accurate. Best, Earlie