Re: per capita GDP numbers : bogus?

"jrw" <jrwilmott@xxxxxxxxx> wrote in message
news:1119830906.681856.34050@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
>I do not believe you have read a single book on economics.

There are very few books on economics that
are worth reading.

> The only
> reliable figure for unemployment is counting the claiments, and that is
> the system used in France.

A word of relevance and propriety among the other
words of silliness.

> The US and the UK downsized and right sized
> their economies, France refused to do this, and it still has 10.2%
> unemployment, and a moribund economy.

There is so much bull in this one paragraph it is
difficult to choose which bull to attack. But it
is the underlying assumptions that are bogus.
The GDP does NOT measure economic success
unless you have a very retarded sense of
success or some very ridiculous idea of what
"good" might be.

> Outsourcing to India, what
> effect has this had on US jobs? Almost zero.

Total lie/idiocy.

> Jobs in India, for the
> most part, would never have exisited in the US in the first place. It
> just allows the US to have a more flexible and larger labor pool than
> its competitors.

You are a blind lying moron.

> It will help with inflation because companies can
> hold the cost down, it will help with corporate profits thus creating
> more jobs.

StOOOOOOOOOOOOOOOOOpidity on steroids..

> And doubtless in another 10 years the US will have a much
> lower unemployment rate than France which will probably not allow its
> companies to outsource.

More lunacy.

> And the GDP per head would have widened
> between the US and most countries in Europe.

And as Bill Gates counts all his wealth we can
all give a rousing cheer and claim that since
our American rich people are richer than all
the other rich people then we have won the
economic war.

> The only traitorous senators are those that try to frustrate this
> process. Alas there will be such senators who will revert to the
> populist rhetoric that so many have become famous for. They will talk
> about saving jobs for US workers, thus creating unemployment in the US.

Yet another self contradicting phrase of lunacy.

--
"I know no safe depository of the ultimate powers
of society but the people themselves; and
if we think them not enlightened enough to
exercise their control with a wholesome
discretion, the remedy is not to take it from
them, but to inform their discretion by
education." - Thomas Jefferson
http://GreaterVoice.org


.

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