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The GDP Mirage
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BusinessWeek -- Behind This Week's Cover Story
Oct 29, 2009
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The GDP Mirage
BusinessWeek's Mike Mandel on how the most comprehensive gauge of U.S. economic activity is broken. By overlooking cuts in R&D, design, and other critical factors, the GDP greatly overstates the economy's strength.
Tags:
business
business news
design
economy
engineers
gdp
gross domestic product
intangibles
layoffs
recovery
research
skills
statistics
training
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