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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 144.34-2.1%3:20 PM EST

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To: Proud_Infidel who wrote (10191)2/8/2002 9:34:24 AM
From: Robert Douglas1 Recommendation  Read Replies (2) of 10921
 
I don't follow your logic here. We have had growth throughout the world(both developed and developing nations) for the past three decades, yet the gap is wider than ever in terms of wealth distribution between rich and poor. Growth alone is not the answer....not even close.

Well then we're even because I can't comprehend your logic either.

You seem to judge all economic progress by the yardstick of income equality. I find that patently absurd. If we are all starving equally would that make you happy? The poorest in America would be envied in many 3rd world nations, and yet America has inequality.

I am perplexed that you don't find the economic growth in the world the last 3 decades a success simply because it measures poorly against your single-minded yardstick of equality. This growth you disdain has lifted hundreds of millions of people from poverty and continues to lift more each year.

Growth IS the only answer to the world's economic problems. I think you need to abandon your obsession with wealth distribution.
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