Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: smolejv@gmx.net who wrote (46093)	2/12/2004 3:43:00 AM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

No, DJ, <<Dr R probably went ballistic listening to AG...>> ... probably not. probably laughing his behind off thanking AG for being so generous to Dr R's short Dollar positions :0)

To: smolejv@gmx.net who wrote (46093)	2/12/2004 8:05:05 AM
From: Ramsey Su	Read Replies (1) \| Respond to of 74559

Dolinar, the first time I ever thought about the subject of productivity was probably over 15 years ago, when I read an UCLA report about how computers absolutely have no impact on productivity. How could that be? Common sense and personal experience seem to suggest otherwise. Well, if you strictly look at the numbers, productivity did not change much before and after the computer age. So, technically, one may draw that conclusion. I think Greenspan is playing the same game. He first used productivity as an explanation of the new economy and why we were not in an equity bubble which, in Jan, he explained how the Fed's treated the consequences of this bubble that did not exist. Yesterday, he is explaining that productivity will lead to employment growth. How so? No clue. He cannot name one area where high employment growth is expected. May be the same 1 million nurse that Elaine Chao said we need? Ramsey