Flawed measures of economy mislead on GNP value
An analysis argues that current dollars distort GNP comparisons across decades, noting inflation erodes purchasing power and that shifting dollar values inflate apparent growth. It questions GNP’s ability to reflect welfare, since unpaid labor and social factors are excluded and disaster can boost GDP by triggering repairs.
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New York
United States
GNF
GNP
Homecoming Vets Return For Christmas Leave
In Oakland 193 Army and Air Force service members in Vietnam flew home for two weeks at Christmas under a new policy. The special $350 standby fares let troops with four to eight months in Vietnam take leave, with several more flights planned. Among those home were Capt Richard Patrick of Boise and Sgt Herman Charlton who will wed Dec 23, while Pfc James Morabito, from Peekskill, noted his two week trip cost far less than a Hawaii rest and recreation option.
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Calif
Army
Richard Patrick
Boise
Idaho
United States
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Dec
Patrick
Air Force
Herman Charlton
Highland
Cupid
Elaine Cox
Fresno
Hawaii
James Morabito
Peekskill
N.Y
Morabito
Pacific
Douglas Bailey
Raymondville
Tex
Lance Cpl
Daniel Linsky
Sterling Heights
Mich
World Airways
Oakland International Airport
Rmen
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