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Kristen is Competent. She will boost GDP & Employment.
by Sovereign8
Gross's article gave us opinions that seem to be spreading worldwide. As for me, he left out the staggering incompetence of economists in every respect -- especially their addiction to improperly applying mathematical techniques to things they don't apply to: for example, computing assets' values for derivatives with weak markets and little chance of getting cashed in a bad market.

But in the realm of competence lies Kristen the escort. Some reports say she stands to earn $10 Million this week. Undoubtedly, many women will be drawn to follow her example and enter the oldest profession. Many men, too, will be tempted by the example set by Gov. Spitzer: if it's done by bigshots, it must be OK or even very desirable. GDP and employment should get a boost. Maybe the impending recession will be averted. At least Pfizer will get a boost. And the services sector should see some GDP gains.

Is it possible that if we all work real hard and do a lot of the "Kristen-thing" then GDP will go up so much that the Dollar wil recover?

By the way, NYT has an ad today for a Gucci handbag at around $7,000.
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