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| motherfucker, dining, postings, perfect, game, pam\'shouse blend, kevin dillon, jeremy piven, independant, discussion, fantastic, mother son., name development, db2, bfd, cunt, academe, deep house, comments, | However along with this, many people who lived in already relatively poor areas of Mississippi, Lousiana and Alabama are now big going to be at least temporarily homeless and out of work, i.e. the casino is gone and so is your job. Given big that many didn't have insurance to cover "acts of dog" I wouldnt be surprised to see poverty levels in these regions rise, even though GDP does increase. As well GDP can simply rise by fewer and fewer people making obscenely larger amounts of money, such that GDP numbers increase but everyone else is big losing in the process which appears to be reflected by the rising gini coefficient for the US. [ ...reply just to this | comment on the story... | next new ] 60. Re: "The Rising Tide Lifts All Boats" by Cerebus at Wed 31 Aug 1:33pmscore of 2.5 succinct in reply to comment 1 The rising tide does not lift all boats anymore. |
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| The rising tide does not lift all boats anymore. Mouthpiece [ ...reply just to this | comment on dining the story... | next new ] 5. Re: "The Rising Tide Lifts All dining Boats" by Disgruntled Engineer at Wed 31 Aug 8:07amscore of 2 interesting in reply to dining comment 1 That's a good point and one I was going to make in my comment but decided not to belabour the point. While there may appear to be some correlation between GDP and poverty, it does not mean there is a causal link. There are a number of scenerios that one could dream up in which GDP rises but poverty rises as well, instead of falls. Hurricaine Katrina is likely a good example. The reconstruction is going to be good for GDP numbers, the construction industry, etc. Sadly, it doesn't take into account the lost wealth since its only an additive measure. |
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