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To: RealMuLan who wrote (37575)7/22/1999 5:34:00 PM
From: Bobby Yellin  Read Replies (1) | Respond to of 117029
 
I believe in cycles and I think you are right about trade deficit lowering when there is a slow down..
I listened to some of the greenspan testimony today and wished somebody had asked how much of the wealth that is moving this economy is the result of capital gains from trustfund welfare recipients and financial types and others who feel the wealth effect from stock options and from retirement funds..
my boring mantra is how many shoes and hamburgers can Gates eat..
if more money was paid to the employee and less to the shareholders and executives, I think there would be a longer cycle since more
people would buy more things and in turn create more jobs..
if wealth flows to a few..that spells big downturn down the road..
also I think there is growing antiamerican sentiment and the average
american is just another hardworking stressed out member of the planet