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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (768699)2/24/2009 2:31:55 PM
From: DuckTapeSunroof  Respond to of 769667
 
Re: "That has to be higher productivity. Just higher growth can be inflationary...."

Yes, you are correct.

That should be REAL (inflation-adjusted) GNP growth, and REAL increases to per-capita productivity.

(Each measure is so highly positively correlated to each other over the long term that you should be able to rely upon either. We should aim for *both*.)


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