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Technology Stocks : Intel Corporation (INTC)
INTC 37.51-0.8%Dec 15 3:59 PM EST
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To: willcousa who wrote (165548)5/30/2002 9:48:45 AM
From: Road Walker  Read Replies (1) of 186894
 
Will,

I seem to remember inflows exceed outflows. And many of those projections were by the Congressional Budget Office, which is supposed to be independent. In fact, if I remember correctly, the administrations projections were much more conservative. Probably for political reasons, they wanted to hold down spending. You don't hear a lot from the current administration about holding down spending. From one perspective that's a good thing, the recession would be worse if the government wasn't throwing $Billions around like a drunken sailor.

John
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