4.2% Unemployment/Purple Haze/Barbarella/Oh Henry

pms laflame at mindspring.com
Thu Jun 17 15:21:13 PDT 1999


Well I see DeLong's become a late-blooming acid-head. And it suits you Brad. You're looking well.

Oh Babarella, you're my hero. Can I be your Gabriella?

Ta-da. The Return of snitgrrrl. And not a moment too soon. You guys. I mean, you guys? Come on. You've absorbed the crap the Right has so successfully spread to the masses about feminism.

Henry. Democracy was the cause of the undiscovered dead. I've been picking up a bit of bitterness in your posts. I think you're hanging around too many affluent Americans. Most are incredibly depressing, and yet, irritating.

Hey you guys. This morning Gordon(someone must have told him to quit talking about his member)Liddy said he had been a guest speaker at a John McCain fundraiser. I thought that was a little weird. Doesn't McCain usually try to appear more reasonable than that?

At 06:34 AM 6/17/99 -0700, you wrote:
>>>>
>>I'm curious about the feeling among the social democratic left in Europe
>>about deregulation. As you say, the low unemployment rate here is a
>>powerful bludgeon against the European social welfare systems. But there
>>is a quite convincing argument that the problem in Europe has more to do
>>with the monetary and fiscal policies demanded by Maastricht (and with
>>the behavior of the Bundesbank in the '80's) than with "inflexible"
>>labor markets and the like. At the very least, a reflationary
>>macroeconomic program should be tried before the Europeans junk a quite
>>successful system. . . . >>
>>
>>I'm curious about this too. We'd been telling Europeans to go after
>>the Bundesbank (and now the ECB) for some time and it's only been
>>relatively recently that there is some receptivity. Many of them,
>>smelling political success, are tempted by Clintonism (tight money,
>>low deficits, and lots of blather about human capital and the
>>"information age.")...
>>
>>mbs
>
>
>No! No!
>
>We are supposed to be low deficits, *loose* money (as long as Uncle Alan
>feels like cooperating--may that be long), lots of wonderful electronic
>toys, and a serious (OK, semi-serious) push to increase educational
>attainment...
>
>
>Brad DeLong
>
>P.S.: You forgot to mention open worldwide markets, and leveraging the
>skills of symbolic analysts in office towers over a base of millions of
>manufacturing workers in emerging industrial economies...
>
>P.P.S.: You also forgot to mention the part about how poor children of
>single parents need to be made poorer while they grow up...
>
>
>



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