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To: Mike M2 who wrote (90880)4/6/2001 12:34:54 PM
From: Skeeter Bug  Respond to of 436258
 
mike, not only that, the us didn't change their prior productivity data to reflect hedonics. i'll bet this was a conscious choice b/c misleading people would be a tad more difficult. ;-)

this is a problem...

siliconinvestor.com

they think gdp is flat. "hedonized" gdp may be flat, but economic gdp isn't isn't. poor data invariably leads to poor decisions. poor decisions lead to excessive tl & ev in the long run. tl & ev are best avoided.