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

To: Mike M2 who wrote (9804)	11/26/2002 11:43:01 AM
From: Jim Willie CB	Respond to of 89467

productivity is the great scam lead story the principal beneficiary has been and will continue to be consumers, from reduced prices the productivity benefit fell all the way thru the chain to the end consumer because almost all participant competitors enjoyed the shared benefit advantage tools unless it is horded by a key player, like MSFT, the benny goes all the way down the chain I agree, it wont help hiring or job security it wont help profits Asia and China continue to undermine on prices the biggest surprise will be the rise of Chinese Yuan currency in the next few years that means Chinese stocks will shine shine shine Greenspasm continues to wave the productivity flag but remember my hottub conversation with MrH last month MrH used to work in the Cleveland Fed where the quant jockeys live he claims GreenMan has no clue on anything related to productivity so GreenScrotumLess continues to beat a dead horse he justifies high stock valuations from productivity THAT MAKES NO LOGICAL SENSE, he is clueless right now, rising productivity indicates extreeeeeme capacity underutilization coupled with nonexistent pricing power somebody needs to send GreenSmack to school / jim