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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?


To: jttmab who wrote (51282)6/29/2005 9:27:01 PM
From: bearshark  Respond to of 173976
 
>>>The computation for GDP obviously doesn't include foreign direct investment. ... FDI does affect the economy. Whether it should be included or not, I don't know. It seems like it should be... Then when DELL invests in China, that isn't counted either. Maybe the BEA thought it was best to avoid the whole thing by not counting FDI in the US or FDI by the US.<<<

Take a look at the difference between GDP and GNP at the BEA site.

If you look at today's press release for the final first quarter GDP, you will see a good deal of information that explains the components.

>>>I would consider it worthless and of no contribution to GDP. <s><<<

I attended a settlement today. It took the clerk 3 tries to get the Settlement Statement correct.