Re: [MoneyCentral] Top stocks of the 50s through 90s.

Robert Harley (
Wed, 23 Dec 1998 13:48:24 +0100 (MET)

Adam quoted:
>Economists state their GNP growth projections to the nearest tenth of a
>percentage point to prove they have a sense of humor.
> -- Edgar R. Fiedler

Uh... no actually. That would be because growth is usually a few
percent per year so less precision than 0.1% would be ridiculous.

Will France's GNP grow by 2.7 or 2.8 or 2.9%? Does this chump suggest
we round those figures? Will Ireland's grow by 6.9 or 7.0%? Britain's
by 0.8% or what?

A tenth of a percentage point makes sense and the quote is downright