budget assumptions

Doug Henwood dhenwood at panix.com
Mon Jul 12 10:25:42 PDT 1999


Max Sawicky wrote:


>So if the take is $83b, and realizations are twice the
>'normal' level, then the 'abnormal' dividend to this
>year's revenue is $40b, which as I noted is not expected
>to persist for more than a year or two. Now $40b is a
>lot of money -- why, it's almost half of what Bill Gates
>has this month. Let's say the bubble provides an extra
>$100b; meanwhile, the ten year surplus is $2,700 b.

You're comparing one- and two-year periods with a 10-year period. I'll have to ask Deep Pocket how cap gains figure into budget projections.

Doug



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