A "must-have" for Delawareliberal . . .

. . . a widget from Congresspedia that tracks super delegate totals.

C'mon Jason, Lgeek, DV, it'll go perfect right above the daily poll.

h/t Where HipHop and Libertarianism Meet.

Comments

Delaware Watch said…

"Thus the statement that "An oil spill, for example, increases GDP because someone has to clean it up, but it obviously detracts from well-being," is not necessarily or even probably correct, because the cost of the clean-up may create some new economic activity, but that is inevitably at the opportunity cost of all the things that would have been purchased with those funds, as well as the capital loss of all the oil that was spilled, both to the oil company and those who will pay higher prices for their next load of fuel."

It seems to me that your analysis misses the point altogether, so much so that you are replying to a straw man.

The post at Mid Atlantic labor isn't recommending that the economic activity generated by the oil spill be counted as part of the GDP. It's merely stating that the activity IS AS A MATTER OF FACT counted toward the GDP.

You treating a description as if it were a prescription.

To me that makes as much sense as, say, attacking someone's accurate description that prostitution is illegal in Delaware as though it were an argument that it should be illegal.

Two different critters.

March 13, 2008 at 12:50 AM