New US Economy Policy Message Board

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Strategies & Market Trends : New US Economy Policy

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To: Arthur Tang who wrote (158)	5/20/1998 1:28:00 PM
From: Arthur Tang	Read Replies (1) of 435

The new economy and where is it working? Where is the new economy? Started at the supermarket, then the department stores. The auto dealers are still waiting for disposable income to match the new car prices. When the price is not affordable, the rebate and discount were the methods to move cars. Last year, new economy moved to travel, education, entertainment, housing and spiritual awakening with religion. This year, it is financial services made efficient with document management and land development. Next year is global investment in goods distribution services. Problems, we do have. Bad and inexperienced management are causing bankruptcies. Deficit spending by enterpreneurs are chasing technology which is not ready. Disposable income not matching product prices are dreamed up by manufacturers. But the new economy just pushes along; productivity releases labor shortages if any. Industry by industry is revived and pushed along with others for full employment, demanded by population increases. This is the new economy.

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