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From: notes@iuvax.UUCP
Newsgroups: net.politics
Subject: Re: YOU EARNED IT??? - (nf)
Message-ID: <349@iuvax.UUCP>
Date: Sat, 14-Apr-84 18:03:06 EST
Article-I.D.: iuvax.349
Posted: Sat Apr 14 18:03:06 1984
Date-Received: Tue, 17-Apr-84 06:46:05 EST
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Organization: Indiana University
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#R:mit-eddi:-152700:iuvax:2000030:000:498
iuvax!unix68    Apr 14 17:03:00 1984

	I also suspect that renner's argument is assuming that
industry is running at full potential.  The capital investment
that is needed to move the economy forward is indeed necessary 
to maintain GNP since capital depreciates.  However, I don't
think the U.S. is marginally close to full production.  

	I also don't think firms want to invest currently because
of lack of demand rather than lack of funds to invest.


--


					James Conley
					Indiana University at Bloomington
					...iuvax!jec