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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (69906)	11/2/1999 10:04:00 AM
From: Freedom Fighter	Read Replies (1) \| Respond to of 132070

Mike, Here's one for the "new era" crowd to ponder. It comes from an article in the "Australian Financial Review". "The US economy is in its ninth year of expansion, which will break the 1960s record of 106 months of consecutive growth next February. But growth during this expansion has been weaker than in others, averaging 3.5 per cent compared to 4.3 per cent during the 1980s boom and 4.8 per cent during the 1960s." We know it's a lot slower than in the last "new era" during the 20s. In fact, I think its slower than the 50s too. Fortunately, we did beat the 30s. (g) Wayne