Thread: Soooo....
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Old 04-30-2008, 10:02 AM   #20528
Alex
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Yes, I know. I'm perfectly aware of why the scale is so huge; as I said "I'm aware of the many thing that muddy the relatively simple picture painted" and per capita comparisons are a big one. Rate of inflation over the same time period would be even more important. The fact that what growth was made was largely created by a buildup of inventories due to reduced consumer spending. These buildups are positives now but may very well be write-offs in the next quarter: phantom growth. And there are plenty of others.

It wasn't a comment intended to imply that 0.6% isn't small (see also "is not a good number" and "that would be anemic"), it was simply once again being boggled by how huge the U.S. economy is compared to any other in the world. Triggered when I wondered what "0.6%" amounted to in nominal dollars.
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