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To: GST who wrote (129367)	7/31/2001 11:19:25 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

gst, what is your point? be concise. i gather that you now understand productivity is an economic (dollars and cents) measure and not the unit measure you thought it was when you began arguing ;-) progress is being made. >>"as you can see, a change in gdp impacts productivity" Huh?<< gst, you are picking at gnat's teeth. the individual measures of gdp and hours worked both impact productivity and their impact is expressed in the ratio i explained to you. is that so hard to understand? btw, i bet those gnat's teeth don't have any fillings ;-) keep in mind the context. alan.com arbitrarily boosts gdp (freakin' ALL ESLE BEING EQUAL! ;-) (for those that still don't understand - LABOR HOURS WORKED REMAIN CONSTANT! ;-) and productivity (delta gdp/hours worked) growth arbitrarily doubles. i use the term arbitrarily b/c his justification for doing so is so utterly weak as to be a bad joke. i give you the equation and assume you understand i understand the simple equation. i guess that was assuming a bit too much. but again, at least you now understand the labor productivity measure widely reported is denominated in DOLLARS and not UNITS. this brings us back to the REAL question. why the heck does alan greenspan get to arbitrarily add dollars into gdp (freakin' ALL ELSE BEING EQUAL! ;-) and MANIPULATE labor productivity growth up by 100%? this happened. it is a FACT. it is also why i think alan.com is shill for the new economy bubble market and more responsible than any single person on the planet for the bubble sand its guaranteed aftermath...