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Politics : Idea Of The Day

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To: Lee who wrote (28721)	9/8/1999 12:59:00 PM
From: MeDroogies	Read Replies (1) of 50167

I'm there with you. AG is THE MAN! This guy is more forward-thinking than any previous Fed Chairman, and is apparently quite a nerd. He intrinsically KNOWS the value of growth and intends to gear his choices in FAVOR of growth. But not current growth at the expense of long term growth. What good is a 6% growth rate today, if it is followed by 5 years of 1% (or negative growth)? I'd rather have 6 years of 2-3% growth. It's less "thrilling", but more useful and manageable.

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