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Re: [OM] Revisionist history of the 70s economy was Re: The coming gener

Subject: Re: [OM] Revisionist history of the 70s economy was Re: The coming generation of 35mm CCD digital
From: Moose <olymoose@xxxxxxxxxxxxx>
Date: Tue, 07 Jan 2003 21:45:44 -0800
That's like saying Greg Louganis invented diving. Governments have been diving off the high board of deficit spending since long before Reagan was born. He did prove to be a master at it. Whether responsible or not, he also presided over major decreases in inflation and interest rates.

Moose

Jim L'Hommedieu wrote:

Funny.  I thought he was the guy who invented deficit spending.


From: "Joe Gwinn" <joegwinn@xxxxxxxxx>
The highest inflation rate the US got was ~210er year, in the 1970s.
Reagan put a stop to it.



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