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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Will Lyons who wrote (2917)11/3/2001 8:55:27 PM
From: Zeev Hed  Read Replies (1) of 99280
 
Will, you got to read the details, my short sentence was terminated with a "(g)". If you want to discuss the "economics", there has been no proof that the use of government spending on infrastructure is the right remedy for the current situation. I have opined on prior threads that excessive budget surpluses are very bad for the economy and have preceded many recessions and deflationary periods, we are now in the third year of such surpluses. I also think that the problems we have are rooted in overall excess supply, not lack of infrastructure.

Zeev
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