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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (47716)6/7/2001 1:08:53 PM
From: Ian@SI  Read Replies (1) | Respond to of 70976
 
Unless there's a substantial multiplier effect, it sounds like a rounding error to me.

From a GDP perspective, not my own bank balance. <g>



To: michael97123 who wrote (47716)6/7/2001 1:14:04 PM
From: Charles Tutt  Read Replies (5) | Respond to of 70976
 
The national debt will rise (or fail to fall) by that amount, resulting in an increase in interest rates which will take that much and more out of the economy. If anything is left, it'll go to pay electric bills in California and for gasoline in the rest of the country.

There's no free lunch.

JMHO.

Charles Tutt (TM)


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