U.S. to Issue Report on Economic Effects of Y2K

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U.S. to Issue Report on Economic Effects of Y2K

Updated 4:58 PM ET November 16, 1999

WASHINGTON (Reuters) - The U.S. Commerce Department on Wednesday will issue a report analyzing the effects of the Y2K computer bug on the economy.

The report will focus on three things: the cost to the U.S. economy from Y2K, an assessment of how well prepared the economy is and a breakdown of how various sectors will be affected, according to government officials. The analysis will be presented by Commerce Secretary William Daley at 10 a.m.

The Y2K computer glitch could prevent some computers from distinguishing 2000 from 1900 because of an old shortcut that recorded the year with only two digits.

Many businesses have already invested large amounts of money to update old computer systems. But there could still be disruptions to commerce as even those businesses with properly working systems face possible problems with suppliers at home and abroad whose systems might run into trouble.

There has been some evidence that U.S. companies have begun stockpiling goods for fear of trouble.

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Ray

-- Ray (ray@totacc.com), November 16, 1999

Answers

http://dailynews.yahoo.com/h/nm/19991116/pl/yk_economy_1.html

-- Linkmeister (link@librarian.edu), November 16, 1999.

It will be a big handful of outright lies. Who doesn't know it's been fully admitted the USA government and its favorites will say ANYTHING to deceive and manipulate the populace perceptions of Y2K? Then Bill Clinton has the gall to turn to a handful of students and babble, "Trust." Ooh he is so quietly evil. The man gives me the creepy willies.

No one wants The Day Before The Storm People to activate, but I disagree with how preventing that has been handled.

Tons of elderly may suffer, and possibly die, in care facilities that did not need to because of all the "trivializing" and outright lies. The Federal government has become the great trophy winner in creating a self-fulling prophecy. It prevented two people from being stampled in a grocery store at the cost of potentially millions of peoples' lives.

And worse, the scientists are so close to the breakthrough of molecular nano technology and those very same elderly would be having to prepare Not To Die and having to plan restarting their whole lives over.

Ooh how swell. We can all be so proud of Bill Clinton and his Y2K Czar for the mass slaughter of the nations elderly in their hysterical self- fulling prophecy choices and behaviors. I have sincerely come to hate that ring of cold and lying politicians with their unneccessary and ridiculous "command center" toys.

Ooh, ho, ho, and what pray tell what was their guidance? Alas, Babylon? The helpless elderly huddle in a school without utilities as starving mummy skeletons with a rare bushel of oranges tossed their way? The nation ponders in amazement that some have actually survived?

Ooh, we are all JUST so hanging on to our seats to hear this "report analyzing the economical impact of Y2K."

Sorry to stray off the topic. I am quite angry right now.

-- Paula (chowbabe@pacbell.net), November 16, 1999.


The Y2K computer glitch could prevent some computers from distinguishing 2000 from 1900 because of an old shortcut that recorded the year with only two digits.

The Y2K computer glitch could prevent some computers from distinguishing 2000 from 1900 because of an old shortcut that recorded the year with only two digits.

The Y2K computer glitch could prevent some computers from distinguishing 2000 from 1900 because of an old shortcut that recorded the year with only two digits.

The Y2K computer glitch could prevent some computers from distinguishing 2000 from 1900 because of an old shortcut that recorded the year with only two digits.

The Y2K computer glitch could prevent some computers from distinguishing 2000 from 1900 because of an old shortcut that recorded the year with only two digits.

The Y2K computer glitch could prevent some computers from distinguishing 2000 from 1900 because of an old shortcut that recorded the year with only two digits.

YOU GOT THAT FOLKS? ! ! ! !

The Y2K computer glitch could prevent some computers from distinguishing 2000 from 1900 because of an old shortcut that recorded the year with only two digits.

-- the Virginian (1@1.com), November 16, 1999.


Virginian: WTF! I thought it was the "So called Y2K computer glitch...".

YOU MEAN THIS THING MIGHT BE REAL?

AAAAAARGH!

;)

(As an aside, some government department are calling Y2K the "century date change problem". Er, the century doesn't change until 2001. Don't they KNOW? Or are they actually saying that they'll be Y2K compliant by 31/12/2000?)

-- Colin MacDonald (roborogerborg@yahoo.com), November 17, 1999.


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