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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (9802)11/26/2002 11:17:25 AM
From: Mike M2  Read Replies (1) | Respond to of 89467
 
Jim, the gov't can claim whatever GDP growth they like but if companies profits are poor the cost cutting continues - layoffs & anemic investment spending. The past few years have shown that the productivity miracle than Greenspan adores did very little for profits. mike



To: Jim Willie CB who wrote (9802)11/26/2002 11:52:07 AM
From: westpacific  Read Replies (1) | Respond to of 89467
 
also, todays Q3 revision to GDP brings two points
USGovt spending was a big piece with war preparation

-- yep government plan, spend and inflate.


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