I never entered that 40K businesses lost argument by taking a position. I haven't seen any credible data on that metric...and what Sass posted doesn't help in the least
Also please define a "40% GDP hit"....this term is bandied about without any explanation of what it means
How & over what time period is that calculated? Did GDP drop 40% from one year to the next? Is it long term debt that was accumulated due to the bubble bursting which has to be amortized over a period?
Wi need some clarity to dis claim so it can be understood and not just repeated flippantly... 40K businesses closed/40% GDP hit...is wha unnu ave wid 40 suh
Also please define a "40% GDP hit"....this term is bandied about without any explanation of what it means
How & over what time period is that calculated? Did GDP drop 40% from one year to the next? Is it long term debt that was accumulated due to the bubble bursting which has to be amortized over a period?
Wi need some clarity to dis claim so it can be understood and not just repeated flippantly... 40K businesses closed/40% GDP hit...is wha unnu ave wid 40 suh
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