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Old 12-25-2021, 02:17 PM   #1
fatlazyless
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Question NH: -3.3% gdp; 3rd qtr 2021

From the Bureau of Economic Analysis, U.S. Dept of Commerce this chart .... https://www.bea.gov/system/files/qgdpstate1221.png .... shows New Hampshire came in last, tied with North Dakota, for the third quarter, Thursday, July 1 to Thursday, September 30, 2021 with a real domestic product decrease of minus 3.3%.

"Real gross domestic product (GDP) increased in 37 states and the District of Columbia in the third quarter of 2021, as real GDP for the nation increased at an annual rate of 2.3 percent. The percentage change in real GDP in the third quarter ranged from +6.0 percent in Hawaii to -3.3 percent in New Hampshire and North Dakota."

https://www.bea.gov/news/2021/gross-...d-quarter-2021 ..... Dec 23, 10-am

As a casual observer on the New Hampshire lakes region economy, I submit this decrease was due to all the many, many cars and trucks stuck in traffic, going nowhere at the BIG MEREDITH INTERSECTION of Routes 3 & 25 ..... you probably know it well ..... that big bad slow stoplight intersection. Is similar to that great big intersection high up in the sky, once you get there, you basically go nowhere, any more. .....

Come on now ..... how's people gonna spend any money iffn they is stuck at that stop light and is just stopped there, going nowhere? ....

If the big intersection had got rebuilt as a roundabout, say ten years ago, then you just know the GDP would have been more like Maine +1.7%, or Vermont +0.4%, or even like Massachusetts +3.7% because all three of these plus GDP states believe in the roundabout as a way to keep the traffic mooo-ving along. To make a positive GDP you need to make the traffic be mooo-ving ...... it's that simple ...... just mooove it along with a roundabout is the way to do it! ....

Ummmm ....... ya-knowwww ...... this is not exactly rocket science here ...... roundabouts are round, like a wheel, and keep the traffic mooo-ving along ..... while stop light intersections are basically a square and have a red stop light that makes the traffic come to a stop ....

This big Meredith intersection is located at almost the exact geographic center of the State of N.H. If-fn you was to measure out all the distances of the state going north, south, east and west .... out from this intersection .... to the border edges of the state .... and it's always like one big red stop light for stopping all the traffic when it could have been a roundabout, instead. Now, it will probably take another forty years of stopped traffic, there, before it actually becomes a roundabout which is too bad, but that's the way these reconstruction road projects usually mooove along ...... very slooowly ..... like 40-years slooowly untii the year 2062! ..... so's you need to get used to not going nowhere and having a negative GDP for poor little N.H. ....
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Last edited by fatlazyless; 12-26-2021 at 11:13 AM.
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