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Politics : Formerly About Advanced Micro Devices

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To: michael97123 who wrote (418253)9/19/2008 1:25:48 PM
From: TigerPaw2 Recommendations  Read Replies (1) of 1571405
 
Supply side led to a great period of prosperity in the 80s and 90s

No, you confuse a period of borrowing huge sums to be prosperity. It led to the S&L crisis. Prosperity didn't arrive until a pay-as-you-go approach put the country back on firm economic foundation. Since we went back to the borrow and spend approach there was once again an illusion of prosperity, for awhile.

TP
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