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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 259.15+1.1%3:59 PM EST

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To: Road Walker who wrote (4658)12/27/2002 10:45:04 AM
From: Sarmad Y. Hermiz  Read Replies (1) of 25522
 
>> A dollar spent on capital goods gets spend many times, as it flows downhill though suppliers and workers, and those that serve them. It's an important part of the economic growth engine.
<<

John, In the thirties, John M. Keynes proposed that for England to get out of depression, the government should hire some people, equip them with shovels, and pay them to bury money under the ground. Then allow others to dig the money out, and keep the proceeds. So that when they spend their found money, the economy revives.

I think so far that is still the only idea economists can come up with.

Sarmad
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