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Reply #7: balanced the budget, but [View All]

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mopinko Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-04 03:37 PM
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7. balanced the budget, but
just my personal opinion, as someone in touch with the IT sector, y2k. i have never seen numbers, but my own anecdotal evidence, fixing the y2k bug led to huge outlays for lots of businesses, especially the financial sector. it definitely tightened employment, and drove up wages for IT professionals. the passing of the millennium was the beginning of the end for the tech bubble.
ok, that part is just business cycle. but balancing the budget, and giving people access to higher education are important public sector engines of growth.
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