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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Ilaine who wrote (49013)12/19/2000 11:10:47 AM
From: Mike M2  Read Replies (1) of 436258
 
CB, one reason why the supply side experiment failed is there was a consumption boom instead of the hoped for investment boom. The current situation is far worse since consumption as a % of GDP has never been higher leaving less for investment and assuring less growth in the future. Baby brats are too impatient they want everything now and are willing to drown in debt to get it. We have mortgaged our future. They will learn about tough love the hard way! ho ho ho Mike
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