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To: Z Analyzer who wrote (9008)	1/22/2001 11:25:23 AM
From: Yogi - Paul	Respond to of 9256

Where the New Economy Agenda Goes From Here by Mike Ruettgers (of EMC) speakout.com Paul

To: Z Analyzer who wrote (9008)	1/22/2001 11:59:31 AM
From: Robert Douglas	Read Replies (2) \| Respond to of 9256

Have we ever seen a country become wealthy while running large trade deficits? Certainly, we have seen the opposite. Yes, the United States in the 1990s. I don't really see a trade deficit, per se, as a sign of economic health or otherwise. Japan runs large trade surpluses and you can hardly consider them a healthy economy. I personally think that the U.S. consumer spent too much during the decade, but given the huge creation of wealth, can you blame them? There is a proud tradition of foreigners buying our assets at the tops of bubbles then selling them back at distressed prices. Could this be happening again? Where's Lawrence when you need him although he's a Harvard liberal? (Maybe that will flush him out!) Why do we need a 24 year old with a degree in Biomedical Sciences to teach us economics? <g> Now maybe that will flush him out!<g>