Re: Clinton Speech: What's Wrong with this Picture?

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#589

From: Marc VanHeyningen
Date: Sun, 28 Jan 1996 00:00

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Thus said CStandley@nesbbx.rain.COM (Charles D. Standley):
>We need a solid economy with little government interferance so demand for
>goods will grow. This will in turn cause more employment. When unemployment
>figures reduce enough, wages will increase. 

No, if unemployment figures reduce the Fed will hike interest rates
in order to prevent it from getting so low that wages increase (i.e.
inflation.)

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From: marcvh@spry.com (Marc VanHeyningen)
Subject: Re: Clinton Speech:  What's Wrong with this Picture?
Date: 1996/01/28
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sender: mvanheyn@pellet.spry.com
references: <4e8b6o$3du@engr.orst.edu> <CStandley.0gwe@nesbbx.rain.COM>
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