After indicating how swimmingly everything is going in the US economy: "True, CEOs and blue-collar workers share a sense of insecurity about jobs. But the former have platinum parachutes, while the latter often have their pick of new jobs from which to choose." -- Rudi Dornbusch, "Why This Recovery Won't Fall Off the Track Soon," BUSINESS WEEK, August 11, 1997, p. 20. He also says that "Median real family income, adjusted with a realistic measure of inflation, is also at its highest recorded level." Does "realistic" mean Boskinized? This all reminds me of a cartoon that was in BUSINESS WEEK within the last few months. It showed a bunch of happy economists raising their hands. Above it said: "It is now unanimous. All economists agree that there is no economic downturn in sight." Below it says: "Warning sign." in pen-l solidarity, Jim Devine [EMAIL PROTECTED] Econ. Dept., Loyola Marymount Univ. 7900 Loyola Blvd., Los Angeles, CA 90045-8410 USA 310/338-2948 (daytime, during workweek); FAX: 310/338-1950 "It takes a busload of faith to get by." -- Lou Reed.
