[PEN-L:8163] Re: long waves -- and a better question

[Rosser Jr, John Barkley]

Doug,
     I agree that 2.5% is fairly puny, although this may be 
understating things, as I have suggested and a lot of 
people think, based on measurement problems.  But, if you 
read my statement carefully I said "compared to its past 
relative performance."  Thus, how does that 2.5% compare 
with Europe, Asia, Latin America, the former Soviet bloc, 
and Africa compared to how the US rates were during the 
late 1980s and the beginning of the 1990s?  Is it not the 
case that the rest of the world did much better than the 
US, especially in the late 1980s, compared to how they are 
doing now?  That was my point, Ru, :-).
Barkley Rosser
PS:  Eat well, :-) :-) :-).
On Fri, 10 Jan 1997 11:53:35 -0800 (PST) Doug Henwood 
<[EMAIL PROTECTED]> wrote:


> At 9:46 AM 1/10/97, Rosser Jr, John Barkley wrote:
> 
> >I also
> >note that the US is way ahead of everybody else in this
> >area and has been growing more than a lot of other
> >economies in recent years, that is compared to its
> >own past relative performance, perhaps partly as a result
> >of the early effects of the upswing beginning to hit here.
> 
> If 2.5% growth is a long-wave upswing, then I'm RuPaul.
> 
> Doug
> 
> --
> 
> Doug Henwood
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-- 
Rosser Jr, John Barkley
[EMAIL PROTECTED]