Was boom a dream?

Chuck Grimes cgrimes at rawbw.com
Fri Feb 8 13:43:56 PST 2002


Carl Remick wrote: ``From CBS MarketWatch chief economist Irwin Kellner, "Enron, Andersen and the double-dip: Will debacle spread to economy?..''

Hmm, Kellner used to be a pretty prominent Wall Street economist - is he semi-retired now?... Anyway, just spoke with Kenneth Petrick, the guy who does profits in the national income and product accounts (NIPAs). Doug

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Okay, call me an old fashioned materialist, but if you produce nothing and sell it for a great deal, and a few people make a lot of money, and the politicans you bought say its the great new wave....etc. Why at some slightly later point would anybody care?

Chuck Grimes



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