Economics @ ITT

US economy gets larger, thanks to Robot Unicorn Attack

Posted in economics by ittecon on April 29, 2013

Can you say “smoke and mirrors”?

The Bureau of Economic Analysis – the government agency tasked with adding up the total volume of all the goods and services produced in the U.S. – is about to overhaul the way it tracks the growth of the American economy. The new accounting rules will give more weight to “intangible and intellectual” assets…

via US economy gets larger, thanks to Robot Unicorn Attack – Economy Watch on NBCNews.com.

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