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 (161)	5/29/1998 12:53:00 PM
From: Arthur Tang	Read Replies (1) of 435

Productivity is the new economy? When we started the new economy, we ask the farmers to produce 10% more of their produce. The oversupply of 10% stopped inflation from appearing. The extra 10% generally is sold at a slight discount. The amount of discount give us 3.5% increase in our economy. Lately, it could be 6% increase in our economy, because of the extra work created jobs to distribute the goods. The result was that we in America are planting fence to fence. However from our Agriculture department, we found out that, there were still 26 million more acres applying for subsidy. Those are not planted yet, last year government still paid for 10.6 million acres to be reserved. This year Senator Luger introduced a bill to cut out all subsidy, which will release the land for cultivation. Productivity is what kept our inflation down. More importantly, it kept our machinery and people working. It also required more distribution services to sell the extra production. Every one had a better balance sheet, as more products and services bring more revenue. Why then are we worried about a slow down? We must call for 10% more productivity in all our industries again.

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