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Politics : PRESIDENT GEORGE W. BUSH

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To: Neocon who wrote (211912)12/20/2001 6:32:16 PM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
The "turtle remark" was about making comparisons to the 1970s... I think it's valid by any objective criteria.

How was 'stagflation' 'cured'? well, the 'stag' part of it was reversed by falling energy prices (industrial economies became more energy efficient after a period of innovation and structural adjustment, and OPEC overplayed it's hand).
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