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Strategies & Market Trends : Asia Forum

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To: Frodo Baxter who wrote (7286)10/24/1998 6:14:00 AM
From: Bosco  Read Replies (2) of 9980
 
G'day all - dear Larry, thanks for the response. It must be the case that I have presented myself poorly in my prior post. It is precisely my questioning why [and what time frame] Jay has said "our economy has been so solid up until recently" that I made the rhetorical response. Of course we don't want the ostrich-like japanese model of the last 8 years. Of course free market has its harsh aspect. But that doesn't negate my point that "the good old days" are only in the heads of those who have prospered but not necessarily true to the general population as your subsequent statistics [from Carter to Clinton.] While I will grant you the Clinton 2nd term is not finished, but so far it has beat out all others [and btw, since it has gone thru Clinton 1st term, any argument for fiscal lag should be taken care of.] Also, I respect Jay's theme that politicans like to take credits for the good showings [well, it comes with the territory, doesn't it <g>] The real and only point I was making is that we are not going downhill recently [that doesn't mean it is great <G>]

best, Bosco
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