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

To: lorrie coey who wrote (73976)	1/18/2000 6:56:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

Well, anyone who has been paying private college tuition and getting a tooth crowned, as I have, finds that some things have greatly inflated in price during these years of supposedly 2-3% inflation. Food is an incredible bargain, however. I could feed myself for a day by working 30 minutes at minimum wage (using some ingenuity but not dumpster-diving). What I mean is that since most oil is imported, the trade deficit figures can do nothing but increase drastically, and at some point the dollar will be seen as the paper that it is. Yes, I think there is unrecognized inflation of several sorts, but a dollar decline will be immediately perceived as inflation because everything imported will automatically go up in price. Well, anyway, that's the way it looks to me. I do not know how long the rest of the world will consent to subsidize our luxuries. We do the same thing internally to some extent. Look at how much money pours into and through New York City (another personal cash drain--a daughter who is an intern in NY theater. Those poor culturally deprived people in Manhattan need my support).