On Dec 24, 9:35 am, mtfes...@netMAPSONscape.net wrote:
> Declan Murphy <declan_mur...@hotmail.com> wrote:
> > On Dec 23, 1:56?pm, mtfes...@netMAPSONscape.net wrote:
> > > 1) What's the rush?
> > There would normally be no need to rush. At the moment though,
> > uncertainty over future fiscal policy (taxation & gross public sector
> > expenditure) is exacerbating the slowdown in domestic demand. If the
>
> Difficult to see what can be enacted in a couple days that will change
> this measurably.
>
> In the meantime, there is a sense of gathering optimism (which you
> seem to share, for some reason) that the "next guy will fix it". Very
> likely, this slows, not hastens, any decline.
>
This last statement is very true and very worrying for me. It shows
that we really aren't learning anything from this fix we're in. And I
don't think we're in an awful mess, yet. But I think it could get bad.

John W.