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To: meadsjn
Even the old adage "what this economy needs is a good war" won't work this time, because the manufacturing boost will mostly benefit those who live where the factories are -- somewhere overseas.

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This is part of a broader parallel problem. There used to be a process call priming the economic pump. In the present situation giving everybody a thousand dollars would now generate few jobs here because the money would go overseas to buy foreign goods.

16 posted on 08/29/2002 11:21:32 PM PDT by RLK
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To: RLK
Yep. This might be a replay of Hoover, followed by some exciting FDR (or Eleanor) solutions. Wonder who that'll be.
17 posted on 08/29/2002 11:28:12 PM PDT by meadsjn
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