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Politics : View from the Center and Left
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To: Jeff Hayden who wrote (257848)8/8/2014 11:07:45 PM
From: koan  Read Replies (2) of 541681
 
I always thought the 70's / 80's inflation was due to LBJ's "guns and butter" policy?

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Now to Carter, the other side of Krugmans argument. Jobs mushroomed in Carters early term - but that is all part of the awful mess that led to runaway inflation.
What was awful about it?
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