The Motley Fool Discussion Boards

Previous Page

Investment Analysis Clubs / General Motors Community

URL:  https://boards.fool.com/i-am-saying-the-gdp-numbers-are-full-of--24791703.aspx

Subject:  Re: October sales Date:  11/7/2006  2:43 AM
Author:  mishedlo Number:  5643 of 7023

I am saying the GDP numbers are full of ****
Easily 1% of it if not 2% of it is total horse hockey

Please read
Grossly Distorted Procedures
http://globaleconomicanalysis.blogspot.com/2005/05/grossly-distorted-procedures.html

I believe the US is unique about how these numbers are calculated.
If we computed numbers the way Europe did we would still be better most of the time but nowhere near as good as what shows. If one just stripped out total nonsense (imputed rent and the "value" of free checking accounts) the numbers would be way way lower. If I am not mistaken we did not always do that. Hedonics is another BS measure.

Numbers Game
http://globaleconomicanalysis.blogspot.com/2006/10/numbers-game.html

Mish
Copyright 1996-2022 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us