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To: Charles Tutt who wrote (43009)4/18/2001 5:18:52 PM
From: Steve Dietrich  Read Replies (2) | Respond to of 64865
 
<<I think the Fed is way late; the country should not have had to endure this. But better late than never, I guess.>>

Though emotionally i'm tempted to agree, i think i disagree.

Have we really escaped the business cycle all together in this new economy? Are we right to demand there never be another recession?

I'm sure people were calling for Greenspan's head in the early 90's too. Later they were calling him "Maestro." What will we be saying about him in another couple years?

Time will tell, i suppose.

Steve Dietrich