[Oe List ...] The Economic Stimulus

[Rod Rippel]

Marshall:  I should have added to my latest message that with respect to decisions about your latest year's income/expenses ratio it all depends on whether the macro=economic trend is expansive or contracting.  The major points being that 1) in economics psychology plays a big role, and 2) it's more in the nature of a balloon than a fixed body of water.
    The question really remains:  How do you shift a shrinking balloon to one that is expanding?
We don't have a lot of experience with this. Yet we've seen it happen.  One thing that is on the side of expansion is demography, i.e., populations are continuing to expand in many areas of the world and in the US.  Also appetites for the 'good life' and 'real needs' are growing in areas like health awareness, insurance, basic shelter, education, and life expectancy.  Can the planet sustain all these ambitions and expectations?.  Malthus didn't think so.  So far we've not run up vs a limit.
But the planet is finite!.  One does loom in our future.  RR
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