Re: [Futurework] Exit ramp for Europe (collateral damage on Tar C reek)

[wbward]

Darryl,   Nail on the head. A number of economists have been predicting that lack of work force expansion and lack of purchasing power increase along with huge strides in productivity would lead to the potential for worldwide deflation as we are seeing now. Europe just cut interest rates and Greenspan is leaning that way. Was it here that someone posted an article on the issue of minus interest rates [doesn't that defy the rules of gravity?]   Bill On Thu, 5 Jun 2003 19:08:44 -0700 "Darryl and Natalia" <[EMAIL PROTECTED]> writes: > But what if, through attrition, cutbacks, downsizing and the need for > higher > stock dividend returns, very few people in the community could > afford your > $50 million worth of goods and/or services? > > Who relaxes on the beach then? The Homeless? > > Darryl > > > ----- Original Message ----- > From: Harry Pollard <[EMAIL PROTECTED]> > To: <[EMAIL PROTECTED]>; <[EMAIL PROTECTED]> > Sent: Thursday, June 05, 2003 2:10 PM > Subject: Re: [Futurework] Exit ramp for Europe (collateral damage on > Tar C > reek) > > > > Bill, > > > > That's called shifting grounds. > > > > Say there was no pollution and no health care costs? > > > > Then, how can I be faulted for supplying the community with $50 > million > > worth of goods and/or services? > > > > Feel better? > > > > Harry > > > > > ------------------------------------------------------------------- > > > > Bill wrote: > > > > >To an economist, the following is not controversial > > > > > >       How can I be faulted for supplying the community with > > >       $50 million worth of goods and/or services? > > > > > >but if it costs $20 million [MBTE for example] to clean the > pollution and > > >your goods/services cause $10 million in additional health care > costs, > > >the value is $20 million.  There certainly are cases where the > damage to > > >the environment is greater than the value of the products and > services > > >produced. > > > > > > > > >Bill > > > > > > **************************************************** > > Harry Pollard > > Henry George School of Social Science of Los Angeles > > Box 655   Tujunga   CA   91042 > > Tel: (818) 352-4141  --  Fax: (818) 353-2242 > > http://home.attbi.com/~haledward > > **************************************************** > > > > > > > ---------------------------------------------------------------------------- > ---- > > > > > > --- > > Outgoing mail is certified Virus Free. > > Checked by AVG anti-virus system (http://www.grisoft.com). > > Version: 6.0.486 / Virus Database: 284 - Release Date: 5/29/2003 > > > > > _______________________________________________ > Futurework mailing list > [EMAIL PROTECTED] > http://scribe.uwaterloo.ca/mailman/listinfo/futurework > >