Kepler
Cornell Big Red
Re: Obama XVII: Do You Take Your Tea Party with One Sugar or Two?
And cutting the rates just happened to correspond to the end of the oil shock. If you think Clinton's economy was an aberration of the dot com bubble, how do you think the Reagan expansion happened? Not to mention the fact that Reagan financed his by exploding the debt -- as Walter Mondale himself said, anybody can create a good short term economy if you let them write hot checks.
And then we kept those rates and stiffled the economy and didn't get it going again until we cut the rates.
And cutting the rates just happened to correspond to the end of the oil shock. If you think Clinton's economy was an aberration of the dot com bubble, how do you think the Reagan expansion happened? Not to mention the fact that Reagan financed his by exploding the debt -- as Walter Mondale himself said, anybody can create a good short term economy if you let them write hot checks.