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To: Lee who wrote (1717)6/4/1999 3:31:00 PM
From: Chip McVickar  Respond to of 3536
 
Lee,

The whole premise of our system of world trade and monetary systems is based on the willingness to get along and compromise.

''We try to promote free trade on the mistaken ground that it will create jobs. The reason should be that it enhances standards of living through the effects of competition on productivity,''

Greenspan is absolutely correct!!!

Protectionist polices and trade wars will damage this competition and also the "I agree to agree" sentiment...
I hope Clinton is only "Huffing and Puffing"

Greenspan speaks Thursday afternoon 10th June at Harvard's Commencement

My Best
Chip