SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Neocon who wrote (272086)7/9/2002 5:51:46 PM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
So, factoring in your statement that: "Clinton's average growth rate exceeded Reagan's by less than a percentage point"

(In GDP growth rates, a percent is a lot).

And the fact that a goodly part of the early '80s boom can be attributed to a 'snap-back' effect from a decade of stagnation and below average growth rates, corporate reinvestment and reinvention during that 'lost' decade, and Volcker's valiant goal line stand against inflation....

We may come to three conclusions:

1) It was Volcker's breaking the back of inflation that contributed the most to the return of growth.

2) Reagan era combined deficits then began to reduce growth prospects... federal borrowing began to crowd out private borrowing and this directly countered whatever impetus to growth that lower tax rates offered.

3) When deficits began to decline under Clinton, growth rates exceeded the best posted during Reagan/Bush.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News