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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: BWAC who wrote (11173)	8/23/2003 4:41:12 PM
From: Sarmad Y. Hermiz	Respond to of 95638

>> So who's gonna buy the end finished products when credit cards and unemployment benefits run dry? bw, The federal budget deficit this year is approx $500,000 million. The number of recent additions to unemployed people is 2.500 million people. The government is spending $200,000 per new out-of-work person. That will more than make up for their reduced demand for goods and services. Of course the type of goods will not be the same as consumer goods. But the economy will adjust to that. And the Federal credit card never runs dry. Though the value of the currency will of course be diluted. Sarmad

To: BWAC who wrote (11173)	8/23/2003 4:46:17 PM
From: Cary Salsberg	Respond to of 95638

RE: "WHO is going to buy all the finished end retail product manufactured by these fine technologies." Guess what? We have a national crisis in this country called obesity. I think this comes from BUYING and eating too much food and the wrong food. In many cases, the wrong food cost more than the right food, but it is what people like. Beer cost more than water, but many, who are way beyond needing any nutritional value from beer, make it the drink of choice. The answer to your WHO, is people. It would be a blessing if high unemployment helped rid the country of obesity and gas guzzling cars and trucks, but I will not hold my breath.

To: BWAC who wrote (11173)	8/23/2003 4:54:12 PM
From: Proud_Infidel	Respond to of 95638

People were saying the same thing 13 years ago, about jobs leaving and the Japanese taking over everything. It was a scary time bc during that recession it really looked bad and felt like we were being taken over. Well, guess what, it never happened! For the next several years we had one of the best runs since WWII, with some years having a shortage of labor. My guess is it will happen again; don't ask me for a timeline though. When things look bleakest, do not assume it will be that way forever; this is a very common mistake. BK