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Politics : Ask Michael Burke

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To: Mike M2 who wrote (77346)3/9/2000 11:42:00 AM
From: BGR  Read Replies (3) of 132070
 
Mike,

I know that you believe any data that contradicts your bias is manufactured, but productivity growth in recent years have been tremendous. Productivity growth invariably has a positive effect on consumption w/o causing inflation, that's the whole point. Since you believe that inflation figures are also manufactured, I know what your response is going to be.

Savings is down, but investment is up, which means that while the bankers are getting the boot, the companies still have access to capital. What is bad about that?

-BGR.
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