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Pastimes : Alan Greenspan MUST GO: -- Ignore unavailable to you. Want to Upgrade?


To: Scumbria who wrote (168)6/4/2000 2:59:00 PM
From: Master (Hijacked)  Read Replies (1) | Respond to of 494
 
The same genius economist who gave us the previous quote gave us another piece of brilliant reasoning here:

"All consumers have to do is spend their incomes, and we'll have 4 percent growth," Mount said.

What this "boy wonder" would prefer is that consumers don't spend, put our money in his bank (Bank One). And while We suckers earn 2% interest per year from our deposits in his bank, he drives around in a quarter million dollar Mercedes, eats at the finest restaurants and has his office in one of those lavish downtown skyrises. All of this thanks to OUR money.

Vince