It's Still the Economy, Stupid!

Two items of interest have crossed my desk in the last couple of weeks. One of them is a copy of a speech by Harry E. Figge, Jr., Chairman and CEO of Figge, International Inc., and the other is an article by Peter Brimelow in the July 19, 1993, issue of Forbes. The two items are directly related to one another, the Brimelow article being a response to the points raised in Figge's speech and in much grater detail in his book, Bankruptcy 1995: The Coming Collapse of America and How to Stop It. Both the speech and the response are well worth our attention.