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To: Raymond Duray who wrote (125583)9/26/2001 9:45:25 AM
From: John F Beule  Read Replies (2) | Respond to of 436258
 
"It's like playing billiards with a hose."

LOL!

"After decades of benign neglect, repairs and improvements to infrastructure including transportation, water supply, sewerage, public health, as well as military investments could all go a long way to replace the obvious deficiency in business investment and the apparent contraction in the consumer sector."

That's a nice dream. However that proposed stimulus package comes out, it will be geared towards getting consumers and businesses to spend and finance "to infinity and beyond". Real problems won't get solved.

"Unlike you, I don't see "the economy" to be capable of making the important strategic decisions that will be necessary for our nation to maintain its strengths."

I should have been clearer. I meant the economics of finance. But, you just contradicted yourself on your debate! :-)

"I do have to express a bit of concern that it appears to be an economic necessity to re-open National Airport in Washington open so that convention business can bring dollars into the local economy, and sustain the hospitality industry"

You are now understanding how vital air transportation is to the world economy. For every airline employee lost, a civilian job is lost as well. Travel and Leisure represents 30% of GNP. $30 billion is going down the tubes.

Best,

John