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.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (426830)	7/14/2003 3:29:49 PM
From: Neocon	Read Replies (1) \| Respond to of 769670

It is merely a matter of rearranging their accounting. I am sure that if one were to match up borrowed dollars with things like office construction, additions to the federal auto fleet, the interstate highway system, and other such big ticket items, one could work it out to show that most of the borrowing corresponded to capital improvement........

To: DuckTapeSunroof who wrote (426830)	7/14/2003 3:40:44 PM
From: Neocon	Read Replies (1) \| Respond to of 769670

By the way, remember, anything which helps to make the conduct of business cheaper, such as the internet (particularly e- mail) or the interstate highway system (by reducing required miles/per ton for overland shipping), improves GDP, even if it is difficult to estimate the effect. Similarly, anything that safeguards or reduces loss due to crime, illness, or disaster increases GDP, and when a drop in the crime rate led to greater New York tourism, or when flu shots improve attendance at work, or when airport screening makes it possible for people to be confident enough to book flights. Of course, all presuppose reasonable costs, and some way of estimating costs to benefits, but it is worth noting that much of what governments do "pays off"..........