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Politics : Idea Of The Day

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To: Jerry Olson who wrote (31841)6/13/2000 2:12:00 PM
From: Lee  Read Replies (2) of 50167
 
Hi Jer,..Re:.Alan is talking good here...pretty remarkable economy, productivity et all...

I think he's sending a subtle message to his FOMC HAWK colleagues that all their 20 year old econ. models are out of date today with the information age way of doing business. <g> He's said it before just not so clearly.

He already explained away how we could have low inflation, low unemployment and high productivity and growth rates without stimulating what they like to call imbalances. Maybe the rest will listen to him this time and do no increase in rates? <gg>

Picked up some AMCC this morning for a position trade. (Maybe a keeper too.) <g>

Best to you,

Lee
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