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Measurements Quotes
Measurements Quotes
If you have a private firm and you spend a ton of money to pay employees, but what you produce is a flop, there will be no value to GDP. But government spending all gets counted as contributing to economic growth. That's why in the early days of creating these measurements, some people didn't want to count government spending.
Robert Higgs
Government
You
People
Money
Will
Value
Some People
Employees
Pay
Spend
Spending
Some
Economic
Economic Growth
Count
Counted
Firm
Days
Private
Government Spending
Contributing
Gets
Want
Produce
Creating
Measurements
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Flop
Growth
Ton
Early
Early Days
In business, the idea of measuring what you are doing, picking the measurements that count like customer satisfaction and performance... you thrive on that.
Bill Gates
You
Business
Thrive
Count
Picking
Idea
Performance
Like
Doing
Customer
Measurements
Measuring
Satisfaction
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