Collusion With The EU

[said]

Clue! GDP is outdated! It cannot be used as an accurate measure of wealth. It does not take into consideration improvements in the standards of living, nor the detrimental effects of nature nor household production.

Since the second World War, the GDP has shown to be increasing consistently but over the latter decades the growth has been uneconomic in the sense that human welfare per capita has not improved! The real economy is much larger than the market economy and that is why GDP is for a very broad guidance only.

The real economy includes natural assets that have been overlooked, and by doing so has resulted in a depletion of these assets, for example - storm protection, water supplies, pollination, recreation, formal and informal network systems - all of which contribute far more to human welfare than the World's GDP.

Since 1980, the G20 Nations have seen an increase in inequality which has led to an increase in social problems, less able to create and maintain social capital and a lower overall quality of life. Most of the gains in the GDP measure have gone to the top 1% of earners while 99% have seen stagnation in real income. The general progress indicator (GPI) has not improved since 1978, while GDP has more than doubled. It is high time a more suitable indicator is used instead of a very tenuous one that measures increases environmentally disruptive and inequitably distributed markets only.

[seivad]

Clue! GDP is outdated! It cannot be used as an accurate measure of wealth. It does not take into consideration improvements in the standards of living, nor the detrimental effects of nature nor household production.

Since the second World War, the GDP has shown to be increasing consistently but over the latter decades the growth has been uneconomic in the sense that human welfare per capita has not improved! The real economy is much larger than the market economy and that is why GDP is for a very broad guidance only.

The real economy includes natural assets that have been overlooked, and by doing so has resulted in a depletion of these assets, for example - storm protection, water supplies, pollination, recreation, formal and informal network systems - all of which contribute far more to human welfare than the World's GDP.

Since 1980, the G20 Nations have seen an increase in inequality which has led to an increase in social problems, less able to create and maintain social capital and a lower overall quality of life. Most of the gains in the GDP measure have gone to the top 1% of earners while 99% have seen stagnation in real income. The general progress indicator (GPI) has not improved since 1978, while GDP has more than doubled. It is high time a more suitable indicator is used instead of a very tenuous one that measures increases environmentally disruptive and inequitably distributed markets only.

I agree that GDP may not be the best measure of the economy.

As for "clue!"... you don't have one. You've merely C&Pd words from various sources without any cognisance of the subject. Either post opinions in your own words, or, if you're C&Ping, cite your sources.

Here's 2 you have used:

https://www.investopedia.com/advisor...asure-economy/

http://theconversation.com/how-the-w...economic-34362

[Little Londoner]

I agree that GDP may not be the best measure of the economy.

As for "clue!"... you don't have one. You've merely C&Pd words from various sources without any cognisance of the subject. Either post opinions in your own words, or, if you're C&Ping, cite your sources.

Here's 2 you have used:

https://www.investopedia.com/advisor...asure-economy/

http://theconversation.com/how-the-w...economic-34362

You know, I may be wrong, I get the impression you are not one of Saids camp followers.

[seivad]

You know, I may be wrong, I get the impression you are not one of Saids camp followers.

Remember when I used to tell you to ignore the PNP? Well now you can tell me to practice what I preach!

[Little Londoner]

Remember when I used to tell you to ignore the PNP? Well now you can tell me to practice what I preach!

We all have our cross to bear.

[Graham]

https://www.ted.com/talks/carole_cad...t_to_democracy

[The PNP]

https://www.ted.com/talks/carole_cad...t_to_democracy

Thanks for a most revealing link....Much of what was said, I had long suspected.



STOP BREXIT!

[Toodles McGinty]

You know, I may be wrong, I get the impression you are not one of Saids camp followers.

I don't think he's got any followers. But if he did, he'd be very upset if he knew they were camp.

[said]

I agree that GDP may not be the best measure of the economy.

As for "clue!"... you don't have one. You've merely C&Pd words from various sources without any cognisance of the subject. Either post opinions in your own words, or, if you're C&Ping, cite your sources.

Here's 2 you have used:

https://www.investopedia.com/advisor...asure-economy/

http://theconversation.com/how-the-w...economic-34362

Ha!Ha! Reminds me of the joke when I was at Primary School - 'Made you look, made you look!"

[said]

I don't think he's got any followers. But if he did, he'd be very upset if he knew they were camp.

Ooooh! Shudder!

[said]

I agree that GDP may not be the best measure of the economy.

As for "clue!"... you don't have one. You've merely C&Pd words from various sources without any cognisance of the subject. Either post opinions in your own words, or, if you're C&Ping, cite your sources.

Here's 2 you have used:

https://www.investopedia.com/advisor...asure-economy/

http://theconversation.com/how-the-w...economic-34362

Whoa! Hold on! If I had copied and pasted all that lot on this site I would be in more trouble than I usually am. I do know what I am talking about - however - there are some on the site that demand - "Show us, show us!" therefore I have to look for proof of what I say just to satisfy those who question my words. On the other hand, there are those who doubt my word still, and need to go and find the sites that I have used just to accuse me of whatever else they can find. If I do one thing I am damned! If I do the other I am damned!
I don't suppose there is a chance that I can win, is there?

[seivad]

Whoa! Hold on! If I had copied and pasted all that lot on this site I would be in more trouble than I usually am. I do know what I am talking about - however - there are some on the site that demand - "Show us, show us!" therefore I have to look for proof of what I say just to satisfy those who question my words. On the other hand, there are those who doubt my word still, and need to go and find the sites that I have used just to accuse me of whatever else they can find. If I do one thing I am damned! If I do the other I am damned!
I don't suppose there is a chance that I can win, is there?

Absolutely not!

The point is, they are not your words. You may not have C&Pd everything from the links, but you certainly took pieces from them. Economics is as alien to you as astrophysics is to me.

Since 1980, the G20 Nations have seen an increase in inequality which has led to an increase in social problems, less able to create and maintain social capital and a lower overall quality of life. Most of the gains in the GDP measure have gone to the top 1% of earners while 99% have seen stagnation in real income.

Sound familiar? From the 2nd link, with a few tweaks from you of course!
"G20 countries in particular have become much more unequal since 1980. This rising inequality has resulted in growing social problems, a poorer ability to build and maintain social capital, and lower overall quality of life. Most of the gains in GDP over the last several decades have gone to the top 1% of income earners. The remaining 99% have seen stagnant real incomes."

[said]

Absolutely not!

The point is, they are not your words. You may not have C&Pd everything from the links, but you certainly took pieces from them. Economics is as alien to you as astrophysics is to me.



Sound familiar? From the 2nd link, with a few tweaks from you of course!
"G20 countries in particular have become much more unequal since 1980. This rising inequality has resulted in growing social problems, a poorer ability to build and maintain social capital, and lower overall quality of life. Most of the gains in GDP over the last several decades have gone to the top 1% of income earners. The remaining 99% have seen stagnant real incomes."

Needed to quote values. You will be able to get out today - the weather is much warmer there now.

[seivad]

Needed to quote values.

Nice try!

And from this website? http://www.makingitmagazine.net/?p=8652 Not a value in sight.

Since the second World War, the GDP has shown to be increasing consistently but over the latter decades the growth has been uneconomic in the sense that human welfare per capita has not improved!

"Many people will question this claim and ask, hasn’t gross domestic product been growing consistently since the second world war with only the occasional downturn? We have had growth of GDP, but since around 1980 this growth has been “uneconomic”. This is in the sense that human welfare per capita, adjusted for the costs of inequality, environmental damage and other factors that affect welfare, has not improved."

The real economy includes natural assets that have been overlooked, and by doing so has resulted in a depletion of these assets, for example - storm protection, water supplies, pollination, recreation, formal and informal network systems - all of which contribute far more to human welfare than the World's GDP.

Same site again!

"The real economy includes our natural capital assets – all of the gifts from nature that we do not have to produce – and the immensely valuable, but non-marketed, ecosystem services those assets provide. These services include climate control, water supply, storm protection, pollination and recreation. We have also overlooked the contributions of social capital – all of our formal and informal networks, institutions and cultures – to supporting human well-being."

You will be able to get out today - the weather is much warmer there now.

Been talking to your relatives in Kingston?

[said]

Nice try!

And from this website? http://www.makingitmagazine.net/?p=8652 Not a value in sight.



"Many people will question this claim and ask, hasn’t gross domestic product been growing consistently since the second world war with only the occasional downturn? We have had growth of GDP, but since around 1980 this growth has been “uneconomic”. This is in the sense that human welfare per capita, adjusted for the costs of inequality, environmental damage and other factors that affect welfare, has not improved."



Same site again!

"The real economy includes our natural capital assets – all of the gifts from nature that we do not have to produce – and the immensely valuable, but non-marketed, ecosystem services those assets provide. These services include climate control, water supply, storm protection, pollination and recreation. We have also overlooked the contributions of social capital – all of our formal and informal networks, institutions and cultures – to supporting human well-being."


Been talking to your relatives in Kingston?

Ha!Ha! What do you think? No - looked up the weather on the internet!