Blogging bad for the economy?
Backword Dave finds out Al Qaeda's real intentions..." I can reveal the true horror of a-Qaeda’s plans. They do, indeed, intend to bring down Western civilisation. As with 9/11, they plan to use our own technology, our trusting nature, and our culture against us. The plan is simple: with only a few attacks (they probably only have a few handfuls of men) they generate news, this news in turn generates comment, the comment stirs up the blogosphere. Bloggers write posts. Other people comment, then write their own. In a matter of days, civilisation grinds to a halt while nobody does any work at all, being too busy arguing with each other."
Indeed in the three years before InstaPundit started blogging (taking him as the first (no emails please)) US gdp growth averaged 4.2% a year. In the three years since it has been 1.9%.
posted by Matthew @ 3/17/2004 12:23:00 AM
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