Sentences you absolutely, definitely must forget

by on June 23, 2007 at 4:16 pm in Economics | Permalink

It’s just as important to give US consumers access to cheap foreign goods as it is to make real GDP bigger.

That’s Bob Hall, here is the explanation, try this too.

qingdao June 23, 2007 at 10:20 pm

Maybe I’m dense, but what exactly is wrong with this sentence?

Anon June 24, 2007 at 12:17 am

Amen, Bob.

Student June 24, 2007 at 3:44 am

What “this too” story? links please.

bristlecone June 24, 2007 at 11:54 am

Yeah, what’s wrong with the sentance? Do I care if my salary doubles or if everything gets cheaper by half, in therms of how much happiness I can buy?

(I might prefer lower prices to a lower income, with taxes and all that).

spencer June 25, 2007 at 9:19 am

If the data is calculated correctly real income should equal real gdp.
They are just two ways to calculate the same thing.

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