[lbo-talk] [Fwd: Re: [IRR] Cheney: economic stats miss EBay sales]

/ dave / arouet at winternet.com
Sat Sep 11 16:29:44 PDT 2004


Joseph S. Barrera III wrote:


> According to Brad deLong,
> http://www.j-bradford-delong.net/movable_type/2004-2_archives/000154.html
>
> the $2 billion in ebay domestic revenues are already counted in the GDP.

As as a few respondents pointed out on the blog, the $2 billion figure reflects only eBay's slice of each transaction, which is just a small percentage of the actual sale amount.

--

/ dave /



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