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Comments
That's about as intelligent as you get innit
do you know what "irony" means?
Yes, thank you.
I suspect you're now going to make a sarcastic and rather pointless remark regarding the incorrect depression of one consonant key instead of another.
Have fun, I'm sure it'll make you feel so much better.
yer bruv, innit.
Please don't reflect your own (low) standards onto others..........
So what was your point caller?
Other than to comment on the fact I mistakenly said GDP instead of GNP?
*yawn*
What is the point he has made, I can't see one.
GDP is widely accepted as a decent measure of economic well being though it is best complemented with other variables. There is little debate to be had really
But go for anyway.......
If the immense majority of wealth is in the hands of a few, then the GDP is completely useless in establishing how the people of a country are doing.
According to CIA world fact book the second highest country in the world in the GDP rankings is none other than Equatorial Guinea, with a staggering $50,000 per head.
Do you really think that is a good indication of how the country and its people are doing? Because I suspect the average man in the street there would fail to be very excited about his country doing so well in the GDP rankings. In fact Equatorial Guinea does not strike me as a country that is doing well at any levels. Is it?
However in the majority of cases GDP tells the correct story.
E.g. China has had very high GDP growth in the last ten years, and guess what a lot of Chinese are a lot richer.
the UK has a far higher GDPPC than Somali and guess what, The average person in the UK is far better off then the average person in Somalia.
So no, GDP is not the be all and end all and in a detailed analysis other variables e.g. distribution, health, education etc must be considered but is the best single variable for telling us about the economic fortunes of a country's inhabitants..........
Still ignoring the points I see.
I refer you to Aladdin's post, which has said what I have already said. GDP/GNP says how much money is in a country, not how rich the people in that country are.
Yeah, thats why they're coming to the UK to get paid £20/day picking cockles and risking being drowned.
You really are rether confused on this whole issue it seems.
Do you not think that China is richer now than it was 20 years ago?
Blagsta you can't deny that a lot of Chinese are richer, yes many are still very poor, but that isn't the point is it?
How much statistics/econometrics do you two understand?
China may well be.
The Chinese aren't. Not beyond the minute Beijing/Shanghai elite anyway.
It's not rocket science to grasp the difference.
I'm pointing out how absurd your use of GDP as a measure of the wealth of average everyday people is.
A lot more than you, obviously.
Fortunatley this is not true, the recent increase of wealth in China has seen the largest reduction in poverty ever.
Unless you have some evidence to the contrary?
Easier to deny reality to fit your worldview though isn't it?
Your ideology has clearly so warped your perception of reality that you are incapable of admitting though most obvious points if they contradict your beleiefs. Rather worrying really.........
Oh the irony!
Cockle pickers toady, cocklepickers.
Good old government, eh?
Nothing like barriers to trade and reams of legislation to produce a vast blackmarket.
Are you trying to say that because some Chinese are poor and willing to come to Britain in less than desirable circumstances that all Chinese are poor?
This is exactly the opposite of proper proof, a single example proves nothing, only data can tell you.
What measure of individual wealth would you use instead of GDP?
Yes, there are rich chinese. Few rich chinese. What is your point? When a few people at the top hold the money, you soon see how the "trickle down" effect doesn't work.
China is indeed richer, based on the notion of GDP/GNP. The urban elite in Beijing and Shanghai are richer, you're right. But to claim that all (or even a majority) of Chinese are now rich is absolutely ludicrous.
Yes it is, hence why no-one has done so............ :rolleyes:
Like I said the recent growth of China has seen the largest number of people pulled out of poverty ever, it is quite remarkable......
It's like saying that the local wino gets worse off if you get a payrise. It's nonsense. :rolleyes:
Don't be dumb
I'd dispute that you can measure quality of life in purely economic terms
Does help though. Living in total abstract poverty won't make anybody happy no matter how much an opptimistic an outlook they have on life.
Of course it helps. But to pretend that GDP actually tells us anything about what life is like for your average bod is just absurd.