US GDP numbers to be revised

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charrison

Lifer
Oct 13, 1999
17,033
1
81
Originally posted by: Stunt
Originally posted by: charrison
uh, there has been very strong productivy increases over the past decade. Greenspan even talked about how rapidly increasing productivy rates slowed hiring.
I just posted a link with stagnant productivity increases accross all sectors.
Maybe you'd like to post some graphs relating to your claim?
Or you can go off the top of your head, whatever.



first link i came across....
 

Stunt

Diamond Member
Jul 17, 2002
9,717
2
0
Originally posted by: charrison
but apprently unemployment is no longer a factor...
When did i say that?
I said "I take percent above poverty line and balanced budget as the most important indicators. "

Since when did my opinion become fact?...good economic indicators are complex and one must interpret them without bias.

I like to see countries with the lowest percentage of the people below the poverty line as not all GDP is evenly distributed among the population and costs of living vary region to region.

I also like to see balanced budgets as current lifestyle is less likely to have an impact on later generations allowing more to slip under the poverty line.

That's my explaination. I couldnt care if tax cuts or more taxes gave the above result, just want the best for the maximum number of people in the country.
 

Stunt

Diamond Member
Jul 17, 2002
9,717
2
0
Originally posted by: charrison
Originally posted by: Stunt
Originally posted by: charrison
uh, there has been very strong productivy increases over the past decade. Greenspan even talked about how rapidly increasing productivy rates slowed hiring.
I just posted a link with stagnant productivity increases accross all sectors.
Maybe you'd like to post some graphs relating to your claim?
Or you can go off the top of your head, whatever.



first link i came across....
WOW!!
You don't read do you?
I mentioned it twice...:p
"I agree that manufacturing has become more efficient"
"I wasn't talking manufacturing"

I am looking at overall productivity, the US economy is becoming service based and manufacturing productivity is no longer an accurate indicator of labour productivity.
Please read what i say or im not going to bother...i hate ignorant people :)

Look up some productivity that is indicative of ALL sectors please.
 

charrison

Lifer
Oct 13, 1999
17,033
1
81
Originally posted by: Stunt
Originally posted by: charrison
Originally posted by: Stunt
Originally posted by: charrison
uh, there has been very strong productivy increases over the past decade. Greenspan even talked about how rapidly increasing productivy rates slowed hiring.
I just posted a link with stagnant productivity increases accross all sectors.
Maybe you'd like to post some graphs relating to your claim?
Or you can go off the top of your head, whatever.



first link i came across....
WOW!!
You don't read do you?
I mentioned it twice...:p
"I agree that manufacturing has become more efficient"
"I wasn't talking manufacturing"

I am looking at overall productivity, the US economy is becoming service based and manufacturing productivity is no longer an accurate indicator of labour productivity.
Please read what i say or im not going to bother...i hate ignorant people :)

Look up some productivity that is indicative of ALL sectors please.



fine..have another...

Yesterday, the Labor Department reported that productivity rose at an 8.6 percent annualized rate for the first quarter of 2002 ? its fastest pace in 19 years.
 
Aug 14, 2001
11,061
0
0
Originally posted by: charrison
Originally posted by: Stunt
Originally posted by: ntdz
Originally posted by: Stunt
Who would have thought Canada would have helped the Bush propoganda wagon...

When is the economy supposed to turn the corner again Bush?

It already did turn the corner. 3-4% growth for a year is very good, almost ideal.

Edit: Oh, and 5.5% unemployment is very good. Countries like France and Germany are up around 9%. Canada is at 7%. So we're doing better than you.
Yes, 5.5% is good. But that is not a good indication of the economy.

I take percent above poverty line and balanced budget as the most important indicators.



get beat, move the goal posts.

lol, what a great strategy! :D