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Technology Stocks : JDS Uniphase (JDSU)
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To: JakeStraw who wrote (17075)1/25/2001 3:05:01 PM
From: RetiredNow  Read Replies (1) of 24042
 
I wish it were that simple, but there are many very famous and bright economists that are saying what is more important is spending. The more spending the more the virtuous cycle gets set off. The less spending the worse things get. More and more economists are saying that our debt is reasonable for a country with our GDP and that paying off the debt now, wouldn't really help the economy as much as other measure would over the long term. It's kind of like, you've got $1K and you have an investment opportunity to make another $1K with reasonable assurance, or you could pay off your debt with the $1K. Which would you choose?
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