Submission + - Business Week shows offshoring bad for the economy (businessweek.com)
Obasan writes: "A 'gaping flaw' in the way economic numbers are computed may be the cause of a disconnect between GDP growth claims and actual growth, especially in terms of real wages, a phenomenon many of us are at least anecdotally familiar with. Business week calls this gap "phantom-GDP", gains in reported GDP that cannot be correlated with domestic production."