Though I am essentially a lurker, I read the posts with interest and,
true to the cliche, learn something new every day. I don't think I'm
stretching to say the list's consensus seems to be against the BalBudAmn
(BBA). I am perfectly willing, indeed inclined, to believe that the BBA is
both impossible and stupid, as it was called on an earlier post or ten. Would
someone in the relative know please outline just how the economy will reel,
just what flexibility the US federal govt has at this point? I was under the
impression that a large portion of their expenditures were non-discretionary.
Perhaps the point is that they will become discretionary. At any rate, I am
waiting with baited breath.
Thanks,
Tim Cashion
[EMAIL PROTECTED]
P.S. looking at my e-mail, it occurs to me that you might assume I am
baiting; please rest assured that I am not in the U of C Econ Dept, and
indeed studiously avoid their building. Thanks again.
