GDP

Note to self for future… this is a good site for compiling stats: http://www.bea.gov/national/nipaweb/TableView.asp?SelectedTable=299&FirstYear=2002&LastYear=2004&Freq=Qtr
 
I need to get smarter about what GDP really means.  It’s interesting that it discounts housing, which is a huge part of the economy (it’s my biggest monthly expense).  I don’t get why this is discounted.
 
I read up a bit from Salsman who rightly points out a lot of GDP is bunk: http://forums.4aynrandfans.com/index.php?showtopic=679