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Strategies & Market Trends : New US Economy Policy

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To: Arthur Tang who wrote (259)2/28/2001 2:26:52 AM
From: Arthur Tang  Read Replies (1) of 435
 
Is the new economy controlled by micro-economists; or is Greenspan's economy policy hogwash?

The new economy is build on profits of corporations. It is run by micro-economists or accountant consultants. Each company is fixed up by efficiency and planned obsolescence. The cost reduction is coupled with new product introductions.

Greenspan tries to rule the world with delayed leading indicators. In a wealthy country such as America, wealth leads to ownership of all goods and services, Saturation easily occurred. Better products and services drive this country, prices move up with better designed products and services not inflation on stagnant products and services. Leading indicators in classifications can not distinguish hot products or saturated merchandise. Retailers have to clear their outdated merchandise and require loose monetary policy to revive their business.

So, he does not understand the wealth factor in economy but still he insists on his own undoing. He should be fired.

When will you learn your top down economy policy is just hogwash! When corporation had to get tax refund to keep going, is it time to make borrowing cheaper to save our national tax collection to meet federal budget spending?
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