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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (364735)	12/29/2007 12:15:46 AM
From: American Spirit	Respond to of 1583681

GDP is irrelevant. It counts negatives like deficit spending and environmental degradation as positives. GDP as a measuring system needs to be done away with.

To: combjelly who wrote (364735)	1/2/2008 5:19:51 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1583681

CJ, > After the economy bottomed in the early '30s, the economy did improve. In fact, by the late 1930s, the GDP had recovered to pre-Crash levels. Now, unemployment was still high. While total jobs had recovered to 1929 levels, population growth meant that the rate was still high. LOL, I guess all we need to do is tell people not to immigrate here and not to have children. The New Deal might have done a lot to relieve the suffering, but it certainly did not pull America out of the Great Depression. You can thank WWII for that. Hence the conspiracy theory that persists to this day, that FDR allowed Pearl Harbor to occur. Tenchusatsu