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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (39094)	6/12/2000 8:46:00 AM
From: LLCF	Respond to of 42523

<I'm just saying that calling it a productivity led expansion is akin to saying nothing. It's gibberish. Expansions are led by expanding availability of money and furthermore by consumption> I think some are saying that as long as productivity increases, inflation numbers in the same ball park make that a 'non-worry'. He likes to use the shotgun approach, spewing whatever ECON 101 concepts he can muster to attack, even if only remotely applicable, and then with no backup arguments. My understanding is that much of the 'productivity' claimed may be mis-stated anyway. DAK