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So where does "widespread belief" and "popular perception" come from? The Economist and assorted economics writers with an axe to grind.

Regarding US GDP growth, as soon as you realise that they have been using hedonic pricing and others have not, GDP goes out the window as a meaningful indicator.

Those whom the Gods wish to destroy They first make mad. -- Euripides

by Migeru (migeru at eurotrib dot com) on Sat Dec 2nd, 2006 at 09:01:06 AM EST

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