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To: MythMan who wrote (10294)	12/5/1997 2:55:00 PM
From: Defrocked	Read Replies (2) of 18056

Pete, do you believe in magic??? Bloomberg Dec5 14:43EST Comment from Brian Wesbury, chief economist at Griffin, Kubik, Stephens & Thompson in Chicago, on government report showing US unemployment declined in November to a 24-year low of 4.6 percent as the economy added a larger-than-expected 404,000 jobs: "The US economy is in a magical position. Growth remains strong, while every major indicator of inflation remains benign. The only way to comprehend these two developments is to believe in the information revolution. Like the industrial revolution of the late 1800's and early 1900's, the US economy can grow strongly while disinflation and possibly even deflation occur." Yeah, right, the only explanation...or not?

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