From: "Phil Payne" 

"Phil Payne"  wrote in
message news:4549ce23$1{at}w3.nls.net...
>
http://niemanwatchdog.org/index.cfm?fuseaction=background.view&backgroundid=001
38
>
> Needs an HP12C or HP41CV witht he finance package or something similar
plus
> an understanding of net present value.
>
> I think it's still low, as the text explains.

And, of course, there's no given that GDP will not fall dramatically:

http://news.bbc.co.uk/1/hi/business/6110470.stm

"US labour productivity slowed to a standstill in the three months to
the end of September, the latest indication that the American economy is
slowing.

With analysts expecting productivity to grow 1.1% in the third quarter, the
zero growth rate from the Labor Department came as a surprise.

Unit labour costs were up 5.3% from the same period in 2005, the worst
annual rise in 24 years."

Yeah, well - the only real solution is fiscal prudence:

"Taken together, the figures give the Federal Reserve much to think
about when it next meets to set interest rates in December.

While the increased labour cost figure suggests a rate rise might be
necessary to control inflation, the weakening manufacturing sector could
benefit from a cut."

--- BBBS/NT v4.01 Flag-5