Gross domestic product
The gross domestic product (GDP) or gross domestic income (GDI) is a measure of a country's overall official economic output.
21 Percent Mistake
Posted by admin / Under Gross Domestic Product
In little-noticed remarks a few weeks ago, Bowles suggested that the long-term goal the commission should adopt for federal spending should be 21 percent of gross domestic product. This sounds like a bookkeeping matter. But Bowles’ goal would end progressive ambition, ratify America’s declining competitiveness and bury the American dream.
Published on Thursday 29th of July 2010 09:51:11 PM
The Grossly Problematic Gross Domestic Product
Posted by admin / Under Gross Domestic Product
One of the greatest myths of our time, so counter-intuitive and yet so appealing, is that we become wealthy by consuming, not only as a whole country or whole world, but also as families and individuals. So most official policies today are directed to promoting mindless consumerism or wasteful government programs.
Published on Thursday 29th of July 2010 09:51:11 PM
Second Depression Averted Due to Bailouts: Study
Posted by admin / Under Gross Domestic Product
In a new paper, by Alan S. Blinder, a Princeton professor and Mark Zandi argue that without the Wall Street bailout, the bank stress tests, the emergency lending and asset purchases by the Federal Reserve, and the Obama administration�s fiscal stimulus program, the nation�s gross domestic product would be about 6.5 percent lower.
Published on Thursday 29th of July 2010 09:51:11 PM
Cut government spending now...Yes!
Posted by admin / Under Gross Domestic Product
U.S. military spending for fiscal 2010 — including war funding — will approach $661 billion. If DoD’s overhead were its own nation, it would rank 49th globally in total gross domestic product — just behind Singapore and Portugal, and just ahead of Israel and the United Arab Emirates.
Published on Thursday 29th of July 2010 09:51:11 PM
Where we really need to cut government spending...
Posted by admin / Under Gross Domestic Product
U.S. military spending for fiscal 2010 including war funding will approach $661 billion. If DoD's overhead were its own nation, it would rank 49th globally in total gross domestic product just behind Singapore and Portugal, and just ahead of Israel and the United Arab Emirates.
Published on Thursday 29th of July 2010 09:51:11 PM
Business Currency Exchange 27.07.10
Posted by admin / Under Gross Domestic Product
The Pound made gains against the Dollar and the Euro yesterday boosted by data showing Britain's economy grew almost twice as fast as expected in Q2. Data showed gross domestic product jumped 1.1% on the quarter, the strongest growth in four years an
Published on Thursday 29th of July 2010 09:51:11 PM
Fat Tax Debtors
Posted by admin / Under Gross Domestic Product
30 companies and businessmen owe taxes of € 6.25 billion or 2.5 percent of gross domestic product.
Published on Thursday 29th of July 2010 09:51:11 PM
Ioannis Retsos: Greece Will Not Survive out of the Eurozone
Posted by admin / Under Gross Domestic Product
The absence of strikes in tourism shows that it is functioning properly, but the state has no strategy for its most important sector which contributes nearly one-fifth of the gross domestic product of Greece, said the president of the Association of Hoteliers in Attica in an interview with Maria Spassova.
Published on Thursday 29th of July 2010 09:51:11 PM
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