Post by Deleted on Dec 23, 2014 18:16:25 GMT -6
The first headline looks great! Wonderful news! Woo-Hoo!
Source: U.S. Economy Grew 5% in Third Quarter, Its Fastest Rate in More Than a Decade
It's also the biggest crock of dog poo you ever heard too...and rabbits don't like dog poo. It messes up the nice munchy grass. This is a bit worse.
Why?
You see...The Government..or more accurately, the Obama administration pulled a fast one. In fact, they pulled a whopper on us all to make one helluva whammy. The problem is...it won't even be visible to matter to most people, and the majority don't even know it happened.
What could the Bunny be on about? Well.... Read this, and then look again at the above headline. Put things into perspective.
Well, good golly, I imagine we have undervalued a few things....they do agree.
Yup... I wish there were a way to show it all, when it has no actual value. After all, the GDP isn't a whimsical and intangible figure...right? It's based on math and basic calculations which anyone can come along behind them and confirm...isn't it?
Oh....Neigh Neigh they say, and they said it in the next part of this second article.
Source: Getting Creative With the G.D.P.
Merry Christmas America... You got a bigger bag of the stinky stuff than normal, and chunks of coal are nearly outlawed these days ..so? The stinky stuff is about all that's left from one direction. They just kinda make stuff up as they go, now.
fc/dunno
The American economy grew last quarter at its fastest rate in more than a decade, providing the strongest evidence to date that the recovery is finally gaining sustained power more than five years after it began.
It's also the biggest crock of dog poo you ever heard too...and rabbits don't like dog poo. It messes up the nice munchy grass. This is a bit worse.
Why?
You see...The Government..or more accurately, the Obama administration pulled a fast one. In fact, they pulled a whopper on us all to make one helluva whammy. The problem is...it won't even be visible to matter to most people, and the majority don't even know it happened.
What could the Bunny be on about? Well.... Read this, and then look again at the above headline. Put things into perspective.
WE have undervalued creativity and research. And despite the hoopla whenever Apple or Google releases a new product, we haven’t grasped the full significance of innovation.
Well, good golly, I imagine we have undervalued a few things....they do agree.
We live in an increasingly knowledge-based economy, but until now, official statistics haven’t adequately captured that reality, particularly in the single number describing the economy’s size: the gross domestic product.
That’s the view of Steve Landefeld, director of the Bureau of Economic Analysis, the Commerce Department unit that measures G.D.P. “We’ve been trying to understand the sources of growth in the G.D.P.,” he said. “One of the longstanding gaps in the numbers has been the contributions of intangibles — creations in the arts and entertainment, research and development, things like that — and what they contribute to G.D.P.”
That’s the view of Steve Landefeld, director of the Bureau of Economic Analysis, the Commerce Department unit that measures G.D.P. “We’ve been trying to understand the sources of growth in the G.D.P.,” he said. “One of the longstanding gaps in the numbers has been the contributions of intangibles — creations in the arts and entertainment, research and development, things like that — and what they contribute to G.D.P.”
Yup... I wish there were a way to show it all, when it has no actual value. After all, the GDP isn't a whimsical and intangible figure...right? It's based on math and basic calculations which anyone can come along behind them and confirm...isn't it?
Oh....Neigh Neigh they say, and they said it in the next part of this second article.
This week, the bureau is doing something about it. It plans to give a greater economic weighting to the creation of many types of intellectual property — from books to movies to music to biotech drugs. The economy won’t change overnight, but the numbers will. Going all the way back to 1929, the G.D.P. will look bigger.
Merry Christmas America... You got a bigger bag of the stinky stuff than normal, and chunks of coal are nearly outlawed these days ..so? The stinky stuff is about all that's left from one direction. They just kinda make stuff up as they go, now.
fc/dunno
