EvMck's comments (below) have a great deal of validity.
Our economic analysis is based far to heavily on the GDP index.
In order to increase accuracy the spectrum on indexes used need to be
broadened substantially and coordinated in direct percentage terms of
their socio-economic effect.
I'm sure there are many among you who might disagree with this thesis. If
there are I would welcome alternative views that are implimentable.
AMG
----------
From: EvMick@aol.com
To: extropians@extropy.org
Subject: Re: [RightNow] NCPA Policy Digest 9-11-97
Date: Saturday, September 13, 1997 9:52 AM
Filched from somewhere or another.
<<
Those who spend their lives reading data on economic performance to help
them forecast trends, such as Federal Reserve Chairman Alan Greenspan,
are
toying with the prospect that this may be a completely new economy --
that
the rules governing economic performance may have changed.
The theory is that advances in technology over the past two decades have
permanently improved the economy's efficiency and productivity.
* Recent technological advances include increased use of
faster computers with new software and the widespread availability of
information the Internet is providing.
>>
Duh....
Thas what I like about the guv....so ....so....up to date...on top of
things...
EvMick
Montgomery Alabama.