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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (37995)	8/15/2005 7:25:10 PM
From: GraceZ	Read Replies (1) \| Respond to of 306849

You can look up the goods portion of constant dollar GDP and see that in 2004-2005 it is 500% of what it was in 1945. You can also look up the indices for capacity utilization which shows the steep rise in manufacturing output and productivity over the last fifty years. It's ridiculous for you to apply your own creative version of CPI to manufacturing output because even you are smart enough to know almost all the price inflation in the economy resides in the services sector and prices for manufactured goods fall in real terms over time. Even you have heard about Moore's Law. Why do I have to spell it out for you? To keep you from calling me a liar? You will still call me a liar because you can't understand the explanation. It's a waste of my time to respond to you. If they applied a Genuine Progress Indicator to you and set the index at 1972=100 (or year you graduated from college) the index would be around 22 right about now.