Saturday, December 12, 2009

Gross Domestic Product

One morning on my way to Spokane I looked across the median strip of Interstate 90 at the apparently endless mass of automobiles that were parked there. I have seen that scene for years in myriad places from Seattle to Atlanta, from Portland to New Jersy.

But on that particular morning I had a revelation which was preceded by a question. “How much do these traffic jams contribute to GDP?” I asked myself. There was no answer to that question, but there was a revelation:if we were to eliminate such daily burning of gasoline there would be a significant dimunition of our GDP.

And that would not be good.

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