wrote in message
ups.com...

snip


Never meant to say it would have a lot of effect, or that we needed
it. Just that it would not tip us into a recession. The effect, if
any, would be the other direction. It reduces the supply of some
things. And therefore tends to increase prices.

You are right in my opinion. It will not have a long term effect.

It probably will cost no more than a few days' expenditure in Iraq. That one
is the big drain that's going to be felt sooner or later. The building
trades in CA ought to get a good shot in the arm, as you say.

--
Ed Huntress