"Real Real" Net Domestic Product

| 13 Comments

Account for inflation? Check
Account for the depreciation and replacement of capital goods? Check
Account for the fact government has become less productive and the private sector is over-regulated and headed up by cronyistic, incompetent, rent-seeking boobs? Check.


13 Comments

And oh, 'tis true, 'tis true. Just because politicians and their overpaid pimps and whores tell you that you're better off, don't make it so.
The chocolate ration has been increased from twentyfive grams weekly to twenty grams weekly.

Meh. No one wants to work like a dog if they can help it so no one does. So we enjoy ourselves and the Chinese will eat our lunch. So it goes.

"No one wants to work like a dog if they can help it so no one does."

Why would you bother when getting ahead only means that the Gov't punishes you by taking more of your money?

In some Asian countries, the executives have early morning classes where someone visits regularly teaching a class in English.

We need a cadre of itinerant economists going door to door teaching economics to media types and politicians.

The retired Prof. Thomas Sowell is skilled at delivering lessons in economics. His sense of humour and his common sense makes those lessons understandable to the lay person.

The Captain needs to polish his writing and lecturing skills(a little less whiskey) until his skill is closer to that of Sowell's :)

He could also set up a guest lecture bureau booking economists to give lectures, but only
once they've acquired the same skilled delivery that made vaudeville famous.

Well, Mike, I put in 190 expanded hours of overtime in September and was happy to give the government 40%. As long as I don't spend any on goods and services, you know what the Captain refers to as enjoyment, I should be alright, eh?

We need a cadre of itinerant economists going door to door teaching economics to media types and politicians.

Have charts, will travel
reads the card of a man

Larry,

I'll have you know there is NO whiskey in my presentations!

Just Rumpleminze.

Besides, did anybody listen to Sowell? The man's a genius. The man is RIGHT. And the man is black.

You'd think with all the affirmative action he'd break through some barriers of ignorance.

Alas, he didn't as evidenced by DB Obama being elected.

I'm going to be drunk delivering my speeches because it's more fun that way and nobody cares.

Cpt.

'I put in 190 expanded hours of overtime in September and was happy to give the government 40%.'

*Yawn*

As sheriff Arpaio says "Common sense isn't so common anymore."

Please don't refer to government as boobs. Boobs are useful.

Larry,

Major C. H. Douglas devoted the last thirty years of his life to writing and lecturing on the failures of the modern financial economy, and his proposals for fixing it, to any audience that would listen. He testified many times to committees of the Parliaments of many realms of the Commonwealth. It did no good. Nobody who was in a position to do anything about his proposals was willing to listen to a word he had to say. On the contrary, they made a point of silencing or drumming out of public life and polite society anybody who did.

Meanwhile, the mad schemes of the socialists were tried the world over and succeeded only in assuring abundance only for a few tyrants and their lackeys, and making their luckless peoples so poor and miserable they stopped reproducing (if their leaders still allowed them any choice but to breed, that is).

Karl Marx, of course, was toasted by the same powers that be the world over who had sneered at Major Douglas. All too many of those wished they dared follow Soviet Russia's example. Why? Because socialism promised to make them as gods, with power over all men and all the good things of this world. Social credit didn't.

If the powerful wouldn't listen to Major Douglas, they won't listen to any other itinerant preacher of the economic gospel according to whomever, unless the lesson can be used as an excuse to enrich themselves at someone else's expense. They have the Law, the Prophets and the Gospels (literally and figuratively). Let them listen to them, and repent. Meanwhile let us pray they do it before they undo Christian civilization.

Cpt. Capitalism, I think Thomas Sowell has and is having a positive effect.

People have experienced decades of GNP growth and a rise in the standard of living. Currently as slowdowns occur, internationally, nationally and regionally, economics is "hot" as a topic.

Media coverage means citizens are aware that global, national and regional economic factors affect their lives, but are only vague on the details.

Suppose you were to polish your delivery and become the Pat Condell of economic commentary,
your arguments then assist in a growth of economic literacy. It's worth a little extra effort and polish, some of which comes with experience.

One of the reasons for Thomas Sowell's increasing popularity is the skilled and humourous approach in his manner. He enjoys what he doing and it shows.

My suggestion about a degree of sobriety is twofold. One, Christopher Hitchens was formidable though not always sober. Your goal should be to do the same.

Raising the production values costs little. It's mostly seeing the lighting, composition and audio is well enough done, so as not to detract from the message. Then have fun, David Woods in his answeringIslam, like Condell has a widespread following.

Once you've got a following perhaps your favourite distillery may pay for some advertising space ?

Ideas have a greater influence when the circumstances are fertile for their acceptance, even though their truth value is the same as in earlier times.

It took Spain 700 years to liberate themselves from the Saracen's sword. They just refused to give up. Such is the progress of Civilization, there are a lot of high and low data points that make up a trend over time.

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  • Larry: Ideas have a greater influence when the circumstances are fertile read more
  • Larry: Cpt. Capitalism, I think Thomas Sowell has and is having read more
  • Dick Slater: Larry, Major C. H. Douglas devoted the last thirty years read more
  • m: Please don't refer to government as boobs. Boobs are useful. read more
  • Ghost of Ed: As sheriff Arpaio says "Common sense isn't so common anymore." read more
  • mikeg81: 'I put in 190 expanded hours of overtime in September read more
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  • Larry: In some Asian countries, the executives have early morning classes read more