US economy shrinks for first time since 2001

US economy shrinks for first time since 2001

  • So, I was looking at the Twitter feed from the Phoenix lander on Mars earlier today. Allowing for the obvious limitation of the speed of light, that feed is very nearly instantaneous. (Okay, i admit that the Twitter feed might be coming from ground control and not really from Mars. In that case, insert your favorite example of tech savvy here.)
  • It seems odd that we’re only today seeing the econometric summary for the fourth quarter 2007. We can communicate instantaneously with a robot researcher on Mars, but it takes six months to calculate the quarterly GDP?
  • Could we consider putting NASA in charge of monitoring the national economy?
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