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 (159)	5/26/1998 8:04:00 AM
From: Arthur Tang	Read Replies (1) of 435

What is the new economy, now that we know where it is working? Microeconomy is based on business and its earnings; which resulted in job growth. Job growth resulted in demand of higher standard of living. Higher standard of living resulted in demand for personal services. Personal services resulted in job growth. So, we parley it to different industries. It takes time, but it is coming to 9600 industries. Earnings growth is based on revenue increase, because people are richer. People are richer, because they have more stable jobs. More stable jobs are based on efficiency, which is lack of fat that management can cut. Efficiency is aided by computer automation, because of software development. Computer information help us to manage business better, because of the speed of information available to us. When will this new economy end? No body knows? When population decline, the personal demands decline. We saw what happened in America in the 1970s and the 1980s. Birth pills put us in population decline. Many high schools closed. Our economy declined.

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