Re: [CANSLIM] O.T: Sounds like inflation ahead to me!

From: Bill Triffet <btriffet@earthlink.net>
Subject: Re: [CANSLIM] O.T: Sounds like inflation ahead to me!
Date: Fri, 20 Jun 2003 09:58:17 -0700 (PDT)

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Fred et all,

Assuming the fact that I'm just a kid of 43 now, I wasn't paying attention to the economics of the 1980's but I do seem to remember the same facts/fears being brought up then by those who were "paying attention". (not me...(g)) I do recall working MUCHO overtime at aerospace/defense companys back then. I do recall interest rates and property taxes (in Los Angeles) were sky high. I also recall writing off a percentage of my consumer credit on my taxes as well back then don't know if that hurt or helped the economy. I'm still in aerospace now btw.

Do you know of any site that could give comparative data of the economics of the 1980's with regard to jobs, the deficit, etc? I've often wondered about the comparisons. Perhaps others here can pipe in (minus their political views) about the state of the economy then and now? Might put a good spin on the current state of the markets.

- --
Bill

>>The U.S. Treasury announced an as-expected budget deficit of $90.5
billion in May. Year-to-date, the budget deficit stands at $292.1
billion vs. $145.4 billion in the year-ago period. Both individual and
corporate tax receipts are sharply lower than a year ago, reflecting
declining payrolls and soft business conditions. Government spending is
high, especially for defense and Medicare.
Wonder how long it will take the foreign investors to panic?  And when
they do, will the market continue on its way up?



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<DIV>
<DIV><FONT face=Arial size=2>The U.S. Treasury announced an as-expected budget 
deficit of $90.5 billion in May. Year-to-date, the budget deficit stands at 
$292.1 billion vs. $145.4 billion in the year-ago period. Both individual and 
corporate tax receipts are sharply lower than a year ago, reflecting declining 
payrolls and soft business conditions. Government spending is high, especially 
for defense and Medicare.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><SPAN class=625080300-20062003><FONT face=Arial 
size=2>---------------------</FONT></SPAN></DIV>
<DIV><SPAN class=625080300-20062003><FONT face=Arial 
size=2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=625080300-20062003><FONT face=Arial size=2>Wonder how long it 
will take the foreign investors to panic?&nbsp; And when they do, will the 
market continue on its way up?</FONT></SPAN></DIV></DIV></BODY></HTML>

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