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: Lizzie Tudor who wrote (517541)	12/30/2003 8:00:46 PM
From: Kenneth V. McNutt	Read Replies (1) \| Respond to of 769670

<<Asked in an interview if he could explain the paradox, Leamer said, "I don't yet understand it. The correlates of GDP growth are not there. Industrial production, employment, cargo growth are not there." >> He made one truthful statement. He does not get it, but I have strong feeling he is paid to not get it. But if he wants to check further he might find that production per man(person) hour has increased dramatically because of technology and will continue to increase exponentially for the forseeable future. The day of the worker on the automobile paint line dying from lung disease(as an example) is over, as robotics and technology take over. And yes, there will be employed persons to purchase these products and life and the environment will improve throughout the world because of technology. Ken