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To: yard_man who wrote (48923)8/4/2002 1:07:48 AM
From: augieboo  Respond to of 209892
 
Tippet, I just got a flash of insight -- or maybe just a Gulf War flashback -- from something you just said:

You said, But the problem with econo-speak in the press is more fundamental -- it posits that increased consumption can stimulate capital investment. That is definitely the cart propelling the horse.

Seems to me that's exactly the world we've been living in for at least the last ten years -- sort of privatized pseudo-Keynesian economics.