I'd say Mr Ruthven has set out to denigrate Australian...

  1. 498 Posts.
    I'd say Mr Ruthven has set out to denigrate Australian agriculture with this article right from the start. He hasn't even got his facts right, probably on purpose.

    I thought our total GDP was less than a trillion. CIA the world fact book says it's 880 billion. If total agricultural production equals 57 billion as he says, and I reckon that's about right as agricultural prices are better than average at the moment, then it's a hell of a lot more than 2%. I havn't got a calculator, but I can see it's at least 6% easy.

    And lets not forget that GDP is a measure of total goods and services. It includes everything. It includes all services, so it includes unproductive things like someone buying a coffee at a coffee shop.


    Cheers.


 
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