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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Investor2 who wrote (1500)9/10/1997 6:05:00 PM
From: Alan Whirlwind   of 42834
 
"How was that determined? It sounds like one of those catchy-sounding 'facts' that have no basis in reality."

Money spent tends to rework itself through an economy. That's why the small town always bends over backwards to get the slave driving, indifferent-to-future-promises Con Agras and Krafts of the world to pick them for a new plant site. I guess it sounded logical to me that that if one spends more money than one takes in one is worse off, unless of course one is stocking up on pepper. That a billion dollars sifting down through the US economy should be worth only 20,000 jobs sounds a bit conservative as an estimate to me.
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