Comments on: Economy http://downingstreetsays.com/briefings/2005/10/21/1866 Every day the Prime Minister's Spokesman meets a small coterie of political journalists known as 'the lobby' for a topical chat, or 'briefing'. Fri, 09 Jan 2009 05:01:13 +0000 http://wordpress.org/?v=2.2.2 By: psikeyhackr http://downingstreetsays.com/briefings/2005/10/21/1866#comment-3676 psikeyhackr Sun, 23 Oct 2005 22:58:48 +0000 http://downingstreetsays.com/briefings/2005/10/21/1866#comment-3676 I did a search on depreciation on this site. Got no hits. How much of GDP is caused by consumers replacing things that wore out? Isn't that consumer depreciation? Why do economists not mention it but call it economic growth when consumers spend to stay in the same place by compensating for depreciation? http://discussions.pbs.org/viewtopic.pbs?t=28529 psikeyhackr I did a search on depreciation on this site. Got no hits. How much of GDP is caused by consumers replacing things that wore out? Isn’t that consumer depreciation? Why do economists not mention it but call it economic growth when consumers spend to stay in the same place by compensating for depreciation?

http://discussions.pbs.org/viewtopic.pbs?t=28529

psikeyhackr

]]> By: roger http://downingstreetsays.com/briefings/2005/10/21/1866#comment-3675 roger Sun, 23 Oct 2005 16:00:06 +0000 http://downingstreetsays.com/briefings/2005/10/21/1866#comment-3675 Hmm. Tony babes says Gordie (the fat controller) is the best Chancellor ever - alas he disregards Gordie's little \xA34 Bn mistake whilst stamping his foot soon after he got the job of course, and the rows he and Gordie have had since. But he won't be able to disguise or walk away from the black hole we shall soon enter when the profligate overspending and waste of money they have all engaged in will come home to roost. Maybe he is hoping Gordie can hang it out until he (Tones) goes? We shall see. A return of the Billions leeched out of OUR pensions each year would be good - if the economy is in such a "strong" state. Hmm. Tony babes says Gordie (the fat controller) is the best Chancellor ever - alas he disregards Gordie’s little \xA34 Bn mistake whilst stamping his foot soon after he got the job of course, and the rows he and Gordie have had since. But he won’t be able to disguise or walk away from the black hole we shall soon enter when the profligate overspending and waste of money they have all engaged in will come home to roost. Maybe he is hoping Gordie can hang it out until he (Tones) goes? We shall see. A return of the Billions leeched out of OUR pensions each year would be good - if the economy is in such a "strong" state.

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