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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (3518)12/17/2003 10:55:38 AM
From: Jim Willie CB  Respond to of 110194
 
I wish Liesman could grasp the hedonic lift influences
that distorts GDP growth by a factor of 3x
it seems so simple to comprehend
when some economists pick apart the numbers, they routinely accept the hedonic, noting the increased speeds in computer processing, storage access, and internet bandwidth
but it aint economic reality

that is the biggest disappointment I have in Liesman
many naysayers cannot seem to maintain their perception of economic weakness as Dow surpassed 10,000

/ jim