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Technology Stocks : JDS Uniphase (JDSU)
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To: michael97123 who wrote (17279)1/26/2001 2:48:07 PM
From: Tunica Albuginea  Read Replies (1) of 24042
 
OT/" We could live with the higher rates in the Clinton era
but higher rates and surplus will be our undoing now".

Exactly.

A strong Economy, since 1982 , lifted up all boats.

Eventually though, spending catches up with you.

You can be rich and soon poor , if you spend faster than you make it.

This is what happened here.

Great income the last 10 years from IT efficiencies
and Republican initiated Welfare cuts.

However Clinton did nothing to arrest the hemorrhage into
our Healthcare system, money going to terminal people and
lawsuits.It was simply swept under the HMO smokescreen.
Not a real solution.

Now all of a sudden the true costs come up:
Gigantic Healthcare Insurance premiums
plus high energy costs from misguided energy policies,
CA the biggest one.
Terminal elderly on artificial life support for months on end.
Hugely expensive Artificail life support was supposed
was designed as a short term ( days, 1-2 weeks system ) only .
People on it for months now.All on borrowed money.
You and I paying for it. Money coming directly out of the Economy.
It can suck every penny you've ever made and more.

Inflationary pressures rose and scared Greenie into a
bigger Rate increase. Now we are teetering at the brink of

the Greenie-Clinton recession,

TA
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